Profitable Detached Hardware, Domestic, Pet Foods, Gardening | | Undisclosed Norfolk | | Large forecourt used for display plus customer's car access for collection. SPACIOUS SALES SHOP approx. 919 sq. ft. with concrete floor. Counter, electronic cash register, shelving, display bins, 2 electronic scales (1 with printer), 1 old weighing scales. Rear Stock area Office 2 Staff toilets each with wash hand basin Rear secure yard for storage purposes with 6 store sheds. Included in the sale is a forklift trick plus tipper van for deliveries. | | ADVERT NUMBER : 16862
ADVERT IMPRESSIONS : 19,004 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | DIY Stores | | SALE: | Agent Sale | FREEHOLD: | £275000 | LEASEHOLD: | £89500 | | | | | BUSINESS DETAILS: | Location Main road trading position, residential area, NORFOLKOpening Hours Monday - Saturday inclusive 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING
However we are advised from the middle of April to the middle of June i.e. approx. 3 months the business is open on a Sunday from 10 a.m. - 12.30 p.m. only.Turnover WE ARE INFORMED the turnover averages 5,800 p.w. in our opinion offering tremendous potential for futher increase in the right hands. Gross profit 33% approx.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of 15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 89,500 plus STOCK AT VALUATION (45,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 275,000 plus STOCK AT VALUATION (45,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTStaff The business is at present operated by the vendor on a part time basis (2 days per week) with the assistance of 2 full time staff. Wages paid 650 p.w.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
