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Profitable HOUSEHOLD GOODS, HARDWARE, TOILETRIES, STATIONERY, TOYS, GIFTS E

Price:
Leasehold - £60,000
Turnover:
Register to view
Seller Ref:
M2772
Location:

Essex

Business Type:

Retail businesses

See Other:
Toy shops for sale in Essex
Stationers for sale in Essex
Gift shops for sale in Essex
Discount stores for sale in Essex
Household goods shops for sale in Essex
Retail businesses for sale in Essex
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Forecourt used for display purposes

SPACIOUS SINGLE FRONTED SALES SHOP with lino floor, fluorescent lighting. The equipment includes shelving, display stands, counter, electronic cash register etc.

Stockroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx.

We understand the entire premises are held on a secure renewable lease from a private landlord, the present lease expiring in September, 2015 at a rental of £18,000 p.a. exclusive of rates up to September, 2011, with rent to be agreed thereafter.

Uniform Business Rates: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, main road trading position, densely populated residential area, ESSEX
Trading Hours:
Monday - Saturday inclusive - 8.30 a.m. - 6.30 p.m.
Sunday Optional Opening - 10 a.m. - 4 p.m.
Accommodation:
The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £1,000 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprsies:

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Kitchen

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