| (REF: M3384) Well established PARTY SHOP including dancewear and fancy dress (sale and hire) |
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| Seller Reference: |
M3384 |
| B4S Reference: |
27219 |
| Asking Price: |
£79,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£167,700 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Essex, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : This quality business has beein the same hands for the past 30 years (including present premises 5 years) and is now solely offered for sale due to the vendors semi-retirement.
IMPRESSIVE & SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,200 sq. ft. with unusual resin floor, in our opinion giving a good effect, spotlighting. 3 air conditioning/heating units. Display stands, 4 counters, 2 electronic cash registers.
3 Fitting Rooms
Office
Storeroom plus kitchen area
WE ARE INFORMED the turnover year ending 30th April, 2010 showed sales of £167,737 with a gross profit of £80,112.
We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of £24,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 30 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO SEMI-RETIREMENT.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS & TO INCLUDE ALL THE HIRE STOCK INCLUDING DRESSES & FANCY GOODS £79,500 plus STOCK AT VALUATION. The stock at valuation is to include the fancy goods, dresses and shoes including dancewear, the new stock which is only being offered for sale in the shop (in the region of £18,000/£20,000 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: |
Parking space at rear for 1 car |
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Location: |
Situated in a parade, busy road, sought after residential area, ESSEX |
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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 - 9.30 a.m. - 5.30 p.m. |
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At present operated by a husband and wife team with the assistance of their son plus part time staff. |
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