Old Established Electrical Retailer (selling Small Domestic Appliances, Contracting, Lamps Plus Repairs & Spares) | | Undisclosed Surrey | | SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,000 sq. ft. sales area with carpet tiled floor, suspended ceiling, fluorescent lighting. The equipment includes counter, shelving, glass display cabinets, electronic cash register. Rear stockroom Kitchen area Staff cloakroom with w.c. and wash hand basin | | ADVERT NUMBER : 16849
ADVERT IMPRESSIONS : 8,073 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £49500 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent main road trading position, SURREYOpening Hours Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
With the exception of Wednesdays when the business only opens half day from 9 a.m. - 2 p.m.
NO SUNDAY TRADING
It should be noted the business closes on all bank holidaysTurnover WE ARE INFORMED the turnover averages 4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 12th March, 2007 showed 165,146 with a gross profit of 67,989 and a net profit of 38,037.Tenure We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of 18,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: 5,000 p.a. approx.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 49,500 plus STOCK AT VALUATION (15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOutside Parking space at rear for 1 carStaff The business is at present operated by the vendor and no staff are employed | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
