Old Established Model Collectors Car Shop | | Undisclosed London | | 3 display windows to - Ground floor Sales Shop approx. 600 sq. ft. carpeted, spotlighting in windows, fluorescent lighting, shelving, illuminated glass display counter, 2 illuminated glass display units, electronic cash register etc. Staff cloakroom with w.c. and wash hand basin Large basement approx. 680 sq. ft. used for storage purposes, however, in our opinion could be used as an additional retail area. | | ADVERT NUMBER : 16654
ADVERT IMPRESSIONS : 6,659 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Model Shops | | SALE: | Agent Sale | LEASEHOLD: | £245000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent trading position, LONDON WCOpening Hours Monday - Friday inclusive - 9.30 a.m. - 6 p.m.
Saturday opening - 11 a.m. - 5 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the sales year ending September, 2003 showed 301,664 with a gross profit of 175,910 and an audited net profit of 49,890.Tenure We understand the premises are held on a secure renewable lease, the present lease expiring in March, 2007 at a rental of 51,000 p.a. exclusive of rates up to March, 2007, with rent to be agreed thereafter.
Uniform Business Rates: 18,000 p.a. approx. (under appeal)
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1985 AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 245,000 plus STOCK AT VALUATION (30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The business is at present operated by a husband and wife team with the assistance of 2 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
