Office Shops for sale in Surrey

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Freehold Price: £495,000 Weekly Turnover: £3,882
Request Details
Business Description
Founded: 1901 and from current trading outlet 1924. Full history available. Very well established and loyal customer base.

Ground floor area approximately 64.3 sq. metres with laminated strip floor, shelving, counter, Xerox 550 colour printer (new February, 2013) with broadband.

Ample display stands/shelving.

Stairs to basement area approximately 46.5 sq. metres fully carpeted & used as art department

Stairs from the ground floor to first floor 3 offices at present let to 3 tenants:.

Front office currently providing a rental income of £450 per month. Middle office currently providing a rental income of £320 per month whilst the small rear office provides a rental income of £215 per month.

In addition there are ladies' & gentlemens cloakrooms each with w.c. & wash hand basin.

Plus a well equipped kitchenette

Stairs to second floor providing additional large office currenty let at £320 per month plus second office.

To the rear of the premises is a detached building of approximately 500 sq. ft. At present let on a Licence Agreement and providing a rental income of £400 per month.

Reason for Sale: Retirement caused by age and ill health of principal owner. As a result the business is capable of serious and very profitable expansion.

We understand all necessary assistance given to purchaser to ensure smooth handover.

SURREY - Close mainline station to Waterloo (30 minutes, M25 Heathrow and Gatwick Airports). Situated in a Parade (on street parking outside and municipal car parks close by - low cost and FREE at weekends) having an excellent main road trading position in a much sort after commercial and residential area.

Turnover : WE UNDERSTAND the turnover last year showed £201,834 with a gross profit of £78,708, in our opinion the business offers terrific potential for further development in the right hands.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL & FIXTURES & FITTINGS including computers, equipment, software, Xerox 550 colour printer, HP printers/scanners, external illuminated signs etc. web site and relating intellectual property £495,000 plus STOCK AT VALUATION (£28,000 approx at cost).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

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.

Freehold : £495,000 (M4165)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 1 p.m.
NO SUNDAY TRADING

Tenure: Freehold

Location Details:
SURREY - Close mainline station to Waterloo (30 minutes, M25 Heathrow and Gatwick Airports). Situated in a Parade (on street parking outside and municipal car parks close by - low cost and FREE at weekends) having an excellent main road trading position in a much sort after commercial and residential area.

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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M4165
Seller Reference:
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