Impressive And Spacious Semi-detached Village Hardware, Domestic, Diy, Household Goods | | Undisclosed Oxfordshire | | Car parking in front of shop for 3 cars (limited to 30 minutes during the day). Impressive and spacious SALES SHOP approx. 2,800 sq. ft. well equipped modern adjustable shelving, display stands, 2 counters, EPOS scanning system with 3 tills, back-up computer, 2 key cutting machines etc. Office Ladies and gentlemen's w.c. | | ADVERT NUMBER : 16819 ADVERT IMPRESSIONS : 19,834 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | DIY Stores | | SALE: | Agent Sale | LEASEHOLD: | £105000 | | | | | BUSINESS DETAILS: | Location Sought after location, OXFORDSHIRE.Opening Hours Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
Sunday opening - 9.30 a.m. - 12.30 p.m.Turnover WE ARE INFORMED the turnover averages 6,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 45% approx. We are further advised that the sales year ending 31st March, 2007 showed sales of 276,396 with a gross profit of 141,565. We are further advised that the anticipated sales year ending 31st March, 2008 should show in the region of 328,000 inclusive of VAT.Tenure We understand the premises are held on a secure renewable lease from a private landlord, the present lease having 8 years unexpired from 1st January, 2007 at a rental of 29,850 p.a. exclusive of rates up to January, 2011, with rent to be agreed thereafter.
Uniform Business Rates: 5,554 p.a. + water rates
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS in the region of 105,000 plus STOCK AT VALUATION (60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 6 part time staff. Wages paid in the region of 700 p.w. It will be appreciated upon inspection that with a more active husband and wife team, in our opinion the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |