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(REF: M2965)  Well Established Signs & Awnings Business
 
Seller Reference: M2965
B4S Reference: 20371
Asking Price: £70,000
Net Profit: Undisclosed
Sales Revenue: £156,000
Number of Staff: 4
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Bedfordshire, the East of England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : Specialising in illuminated and non-illuminated signs & sun blinds, commercial and residential. We understand they are manufactured and installed by the businesss.

DOUBLE FRONTED SHOWROOM approx. 18ft wide x 60ft depth including workshop area. The showroom area is carpeted.

The equipment includes computers, vinyl cutter, aluminium cutting equipment, 2 sewing machines etc.

Office
Staff cloakroom with w.c. and wash hand basin

Included in the sale is 1 Peugeot Diesel Van registered 2001

WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease having approximately 7 years unexpired at a rental of £25,000 p.a. exclusive of rates next 2 years, with rent to be agreed thereafter.

Uniform Business Rates: £6,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£5,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The accommodation in the form of 2 SELF CONTAINED FLATS over are at present each let on shorthold tenancies.

Flat No. 1 with full gas fired central heating, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

We understand the rental income from this flat is £925 per month.

Flat No. 2 also let on a shorthold tenancy, however, providing a rental income of £990 per month, also comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen

Yard at rear. Space for 2 vans
 
  Location: Excellent trading position, MIDDLESEX
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Friday inclusive 9 a.m. - 5 p.m.
CLOSED ALL DAY SATURDAY & SUNDAY
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of part time staff when required.





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