| (REF: M2965) Well Established Signs & Awnings Business |
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| Seller Reference: |
M2965 |
| B4S Reference: |
20371 |
| Asking Price: |
£70,000
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| 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 |
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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
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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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 |
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Location: |
Excellent trading position, MIDDLESEX |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday - Friday inclusive 9 a.m. - 5 p.m. CLOSED ALL DAY SATURDAY & SUNDAY |
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The business is at present operated by the vendor with the assistance of part time staff when required. |
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