Nationwide, Businesses welcomes to the market this WELL ESTABLISHED HARDWARE, DOMESTIC, DIY. End of parade, busy road, residential & commercial area not far from BIRMINGHAM.
SPACIOUS SALES SHOP occupying a corner position in the region of 1,200 sq. ft. sales area with carpet tiled floor, fluorescent lighting. The equipment includes shelving, display stands, counter, electronic cash register, 1 key cutting machine etc.
Staff w.c.Turnover :
£5,500 p.w. gross profit 30%, in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st January, 2018 showed £190,228 with a gross profit of £63,378.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£75,000 at cost)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £350,000 plus STOCK AT VALUATION (£75,000 approx. at cost)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £120,000 Freehold : £450,000 (M4983)
Is accommodation included?:
The accommodation in the form of 2 SELF CONTAINED FLATS over each let on a shorthold tenancy & providing a rental income of £450 per month, however we understand that vacant possession can be given on completion if required. Each FLAT DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Fully tiled bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge with fitted kitchenSmall yard used for storage & a calor gas storage area