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Well established LEATHER GOODS including luggage, travel accessories, lugga

Price:
Leasehold - £20,000
Turnover:
Register to view
Seller Ref:
M3551
Location:

Surrey

Business Type:

Retail businesses

See Other:
Travel accessory shops for sale in Surrey
Retail businesses for sale in Surrey
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : The business has been established in the High Street for approximately 40 years and has traded from the present premises for approximately 9 years. The business has in fact been in the same family for approximately 40 years and is now solely offered for sale due to the vendor's retirement.

Large Pay & Display Car Park at rear

SPACIOUS DOUBLE FRONTED PREMISES with 2 doors approximately 60 sq. metres, carpeted, suspended ceiling with concealed lighting. The equipment includes 2 glass display counters, 1 additional counter, shelving, display stands etc.

Rear stock area
Staff w.c.

WE ARE INFORMED the sales year ending 31st December, 2010 showed in the region of £89,000. Gross profit 45% approx. In our opinion the business offers terrific potential for further development in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 4 years unexpired at a rental of £20,500 p.a. exclusive of rates, fixed for the remainder of the term.

Uniform Business Rates: £7,140 p.a. approx.

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 40 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £20,000 plus STOCK AT VALUATION (Approximately £20,000 at cost).
LOAN POSSIBLE TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, prime High Street trading position, SURREY
Trading Hours:
Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING
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