Nationwide welcomes to the market this Profitable PARTY & FANCY DRESS SHOP, impressive shop with substantial basement. Excellent trading position, WEST LONDON.
Spacious single fronted Sales Shop approx. 665 sq. ft. sales area, carpeted. Fully equipped including shelving, counter, electronic cash register, display stands, rails etc.
Large basement in the region of 1,330 sq. ft. with racking used for storage purposes
Staff cloakroom with w.c. and wash hand basinTurnover :
WE ARE INFORMED the turnover is in the region of £5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £88,000 plus STOCK AT VALUATION (£60,000/£70,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Please note the vendors will also consider the sale of the valuable leasehold property which we understand is for a period of 999 years commencing 25th May, 2001 at an initial ground rent of £100 per year.
ASKING PRICE FOR THE LONG LEASEHOLD PROPERTY £725,000 subject to contract
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 : £88,000 Freehold : £725,000 (M1759)
Is accommodation included?:
Car parking space at rear for 1 car.