| (REF: M2566) Attractive Fashion Shop |
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| Seller Reference: |
M2566 |
| B4S Reference: |
21792 |
| Asking Price: |
£50,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£260,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
North London, London, United Kingdom |
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Nationwide are pleased to offer to the market : IMPRESSIVE DOUBLE FRONTED FASHION SHOP approx. 800 sq. ft. with woodstrip floor, suspended ceiling with concealed lighting. Air conditioning units. Attractive display racks, display stands, large counter etc.
WE ARE INFORMED the turnover averages £5,000/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.
We understand the premises are held on a secure renewable lease, the present lease expiring in 2015 at a rental of £29,000 + VAT p.a. exclusive of rates for the next 4 years, with rent review at that time and thereafter every 4 years. Service charge of £290 per month.
Uniform Business Rates: £10,200 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Location: |
Situated in a parade, excellent trading position, close to Underground Station, LONDON, N |
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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 - Saturday inclusive - 9.45 a.m. - 5.30 p.m.
NO SUNDAY TRADING |
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The business is at present operated by the vendors wife |
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