Old established HARDWARE, DOMESTIC, DIY, HOUSEHOLD GOODS, KEY CUTTING
Price:
Leasehold - £29,000
Location:
London, South London
Business Type:
Retail businesses, Service Businesses
Nationwide are pleased to offer to the market : DOUBLE FRONTED SALES SHOP approx. 500 sq. ft. sales area. Old fashioned with counter, racking, 2 key cutting machines etc.
Rear stockroom
Staff cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx.
We understand the premises are held on a secure renewable lease, the present lease expiring in December, 2012 at a rental of £14,000 p.a. exclusive of rates, fixed for the remainder of the term. We understand the landlord will consider a surrender of the existing lease and grant a new longer lease at rent and terms to be agreed.
Uniform Business Rates: £2,500 p.a. approx. (after small business relief)
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME FAMILY FOR THE PAST 60 YEARS AND OPERATED BY THE PRESENT OWNER FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, excellent main road trading position, LONDON, SE
UK Non-Specific
£ 800,000
|
|
Business Services that may be of Interest:
|
|
|