Overview
Seller Ref: 1403 Nth London
Description
Current annual income is approximately £131,000. Independent business is run by the owner with no staff as so profitable for 25 years of successful trading and offered with huge potential for both further sales & lettings/management in this prosperous and sought after part of North London. Lettings have not been pushed and to some degree have been turned away, For March 2023 profit was £80,630 on revenue of £137,245 and for year end March 2022 on income of £183,367 profit was £131,530. This is an ideal first time purchase and the seller is prepared to consider staying on for 1-3 years if required.
Leasehold Terms:
Lease to March 2025 and renewable as within the Landlord and Tenants Act. Annual Rent of £13,000 per annum.
Number of Employees:
None
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Listed By: