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(REF: M2772)  Profitable Household Goods, Hardware, Toiletries, Stationery, Toys, Gifts Etc.
 
Seller Reference: M2772
B4S Reference: 21145
Asking Price: £60,000
Net Profit: Undisclosed
Sales Revenue: £182,000
Number of Staff: 4
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Essex, the East of England, United Kingdom
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Similar business types:
Wholesale Businesses For Sale in Essex
  Business Summary   
  Nationwide are pleased to offer to the market : Forecourt used for display purposes

SPACIOUS SINGLE FRONTED SALES SHOP with lino floor, fluorescent lighting. The equipment includes shelving, display stands, counter, electronic cash register etc.

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

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx.

We understand the entire premises are held on a secure renewable lease from a private landlord, the present lease expiring in September, 2015 at a rental of £18,000 p.a. exclusive of rates up to September, 2011, with rent to be agreed thereafter.

Uniform Business Rates: £5,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£15,000/£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy and provides a rental income of £1,000 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprsies:

4 Bedrooms (2 doubles, 2 singles)
Bathroom with bath, w.c. and wash hand basin
Kitchen

 
  Location: Situated in a parade, main road trading position, densely populated residential area, ESSEX
  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 - Saturday inclusive - 8.30 a.m. - 6.30 p.m.
Sunday Optional Opening - 10 a.m. - 4 p.m.
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of 1 full time staff.





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