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INTERNET CAFÉ plus MOBILE PHONES, LAPTOPS plus ACCESSORIES, REPAIRS & SALES

Price:
Leasehold - £82,000
Turnover:
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Seller Ref:
M3571
Location:

London, North London

Business Type:

Retail businesses

See Other:
Mobile phone shops for sale in London
Internet cafes for sale in London
Computer shops for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Tiled floor. 18 computers with screens. Counter, electronic cash register.

Charges we understand £1 per hour for computer use. 20p for printing. £1 per page scanning. £1/£1.50 for faxing.

2 cloakrooms each with w.c. and wash hand basin

The vendor has recently opened a Barbers Shop to the rear of the Internet Café which has access to the Internet Café plus separate access. We understand this is fully equipped including 2 chairs with mirrors plus 1 back basin. As stated this has recently been opened and the turnover is currently in the region of £700 p.w. however, the present owner is confident that this should substantially increase as and when the Barbers Shop becomes better established. We further understand that the profits of the Barbers Shop are shared on a fifty/fifty basis with the owner of the Internet Café.

WE ARE INFORMED the turnover averages £3,500 p.w. including mobile phones, laptops, repairs and sales. We are further advised that the gross profit is in the regon of 65%.

We understand the premises are held on a secure renewable lease, the present lease having approximately 17 years unexpired at a rental of £18,000 p.a. exclusive of rates up to 2013, with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £82,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Occupying a corner position, end of parade, busy road, LONDON, N
Trading Hours:
Monday - Friday inclusive - 9 a.m. - 8 p.m.
Saturday & Sunday opening - 10 a.m. - 6 p.m.
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