Well established OFFICE SUPPLIES including commercial and retail stationery
Price:
Leasehold - £75,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : This well established business has been in the same hands for the past 18 years and is now solely offered for sale due to the vendor's retirement.
SALES YEAR ENDING MARCH, 2011 SHOWED £455,410 WITH A GROSS PROFIT OF £152,975
SPACIOUS SALES SHOP probably in the region of 900 sq. ft. sales area with carpet tiled floor, suspended ceiling with concealed lighting, display stands, slats to walls, shelving, counter, 2 electronic cash registers, 2 photocopiers (both on lease approximately 1 year to go) etc.
Office 2 Staff cloakrooms each with w.c. and wash hand basin Stockroom Coffee making area with fridge, microwave, cupboard and sink
INCLUDED IN THE SALE IS A COMBO SIGN WRITTEN VAN APPROXIMATELY 7 YEARS OLD
WE ARE INFORMED the turnover currently averages £10,000 p.w. inclusive of VAT, in our opinion offering tremendous potential for further development in the right hands. Gross profit 33% approx. We are further advised that the sales year ending March, 2011 showed £455,410 with a gross profit of £152,975. We understand the business operates deliveries to local companies within approximately a 20 mile radius of the business.
We understand the premises are held on a secure renewable lease having 10½ years unexpired at a current rental of £18,000 p.a. exclusive of rates up to August, 2012 with rent review at that time and thereafter every 5 years. We understand there is a Break Clause in the lease on the tenants side only exercisable by giving the landlords 6 months notice from August, 2012.
Uniform Business Rates: £8,200 p.a. approx.
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 18 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£50,000 approx. at cost) SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excelleng High Street trading position, SURREY
Monday - Friday inclusive - 9 a.m. - 5.30 p.m. Saturday opening - 9.30 - 4 p.m. NO SUNDAY TRAD
Parking space at rear of shop for 2 cars
North Yorkshire
£ 750,000
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