Electrical Retailers for sale in London

View the "Highly Regarded and Long Established Lighting Business For Sale Long Leasehold – Turnpike Lane London N8" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Highly Regarded and Long Established Lighting Business For Sale Long Leasehold – Turnpike Lane London N8

London, England

  • Leasehold Price: £125,000  Price Reduced arrow_drop_down
Seller Reference: LNW5435
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Business Description
 
 
 
 
 
 
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Seller Reference: LNW5435
Request Details
Business Description
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)
Trading hours:
Tuesday – Saturday 10:00am – 6:00pm Sunday 11:00am – 4:00pm
Number of employees:
Family Run
Tenure:
Leasehold
Competition:
None locally
Support and Training:
Vendor happy to stay on for an agreed period to ensure a smooth transition
Location Details:
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.
Leasehold Term:
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.
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