Profitable quality GREETING CARDS, STATIONERY, GIFTS plus Thornton's Chocol
Price:
Leasehold - £59,999
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP, carpeted, suspended ceiling with concealed lighting. Air conditioning. Well equipped including 10 greeting card display stands with drawers, approx. 10 illuminated glass display cabinets, counter, electronic cash register.
Stockroom with shelving
Kitchen
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £2,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx. We are further advised that the sales year ending March, 2009 showed in the region of £135,000. We are further advised that the sales year ending 31st March, 2010 showed £132,527 with a gross profit of £61,199.
We understand the premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £408 p.a. approx. (after small business relief)
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWIL, FIXTURES & FITTINGS £59,999 plus STOCK AT VALUATION (£20,000/£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade of 6 shops, main road trading position, densely populated residential area BIRMINGHAM.
Monday - Saturday inclusive - 9 a.m. - 5.30 a.m.
The accommodation in the form of 2 SELF CONTAINED FLATS over, which could be sublet to provide a rental income, if desired, each with FULL GAS FIRED CENTRAL HEATING and comprise:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen
Service area at rear of parade with car parking
North Yorkshire
£ 750,000
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