Rare opportunity to acquire a lighting business established 30 years ago by the current vendors. The business has a highly regarded reputation within the Industry not only as retailers, but also offering wholesale as well as being Importers of the best and most unique lighting products on the market. The business deals across the board, from the general public including high profile celebrities to highly acclaimed architects, theatres and builders/ contractors. On a busy main road, the store comprises 4 prominent retail units all interlinked with an abundance of stock room space. Asking Price £125,000 Plus SAV (discounted)
Tuesday – Saturday 10:00am – 6:00pm Sunday 11:00am – 4:00pm
Number of employees:
Support and Training:
Vendor happy to stay on for an agreed period to ensure a smooth transition
The premises are ideally situated on Turnpike Lane, London, Haringey N8. There are numerous restaurants, shops and businesses lining the road. Close to Turnpike Lane underground and Hornsey station over ground station.
There is plenty of pay and display parking available directly outside the shop and in surrounding roads.
The current lease/s are 12 year lease/s from September 2014. Rent reviews every 4 years. It is a lease with a current rent of approx £50,000.00 per annum. Business rates currently are approx £14,800 per annum.