Most Attractive Oriental Furniture Plus Soft Furnishings, Ornaments. | | Undisclosed Tyne and Wear | | OUTSTANDING OPPORTUNITY TO ACQUIRE AN ATTRACTIVE SALES SHOP, SITUATED ON THE FIRST FLOOR OF THIS LARGE SHOPPING CENTRE, KNOWN AS THE "VILLAGE AREA". Attractive single fronted SALES SHOP, approx. 75 sq. m. with laminated strip floor, spotlighting. Equipment includes shelving, display stands, counter, electronic cash register, etc. | | ADVERT NUMBER : 16698
ADVERT IMPRESSIONS : 38,831 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Bathroom & Kitchen Retailers | | SALE: | Agent Sale | LEASEHOLD: | £19500 | | | | | BUSINESS DETAILS: | Location Situated in large Shopping Centre, TYNE & WEAR.Opening Hours Monday/Friday incl. 10 a.m. - 8 p.m.
Saturday, 9 a.m. - 7 p.m.
Sunday, 11 a.m. - 5 p.m.Turnover WE ARE INFORMED the turnover is in the region of 120,000 p.a., in our opinion offering tremendous potential to increase in the right hands. Gross profit, we are advised, is in excess of 60%.Tenure WE UNDERSTAND the premises are held on a secure renewable lease, having approx. 4 years unexpired, at a current rental of 36,000 p.a. incl. of service charge, excl. of rates.
Uniform business rates 10,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION.Price PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, 19,500 PLUS STOCK AT VALUATION (10,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.Staff The business is at present operated by a husband and wife team, with the assistance of 3 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
