Current annual income is approximately £240,000 (Management/Lettings £180,000 and Sales of £60,000). Large return shop frontage with excellent window displays. The business is a very well recognised and respected local independent business that has built a superb reputation and for sale due to retirement. We are advised by the sellers, that based on previous annual turnover of £225,000 the business produces an operating trading profit of approximately £80,000 to £90,000 per annum. In addition to the above, they are charging landlords for various property services i.e. Repairs, maintenance, etc which brings in a net annual income of around £15,000 to £20,000 and these are accounted for separately.
Very Buy High Street Location
Annual Rent of £20,000