Old Established Picture Framing Business Plus The Sale Of Pictures, Greeting Cards & Frames | | Undisclosed Hampshire | | Single fronted SALES SHOP approx. 215 sq. ft. with rear stockroom 114 sq. ft. The shop has a suspended ceiling, carpeted. The equipment includes greeting card display racks, display units, counter, electronic cash register etc. | | ADVERT NUMBER : 26236
ADVERT IMPRESSIONS : 38,971 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Card Shops | | SALE: | Agent Sale | LEASEHOLD: | £69950 | | | | | BUSINESS DETAILS: | Location Situated in a parade, High Street trading position, HAMPSHIREOpening Hours Monday - Friday 9.30 a.m. - 5.30 p.m.
Saturday 9.00 a.m. - 5.30 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the turnover averages £2,250 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 65% approx.Tenure We understand the premises are held on a secure renewable lease, the present lease expiring in October, 2027 at a rental of £12,000 p.a. exclusive of rates up to October, 2010, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £4,809 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION (£10,000 approx).
LOAN POSSIBLE TO AN APPROVED APPLICANTAccommodation The first floor is currently used for the Picture Framing, however, in our opinion could be private living accommodation, with redecoration and refurbishment. The accommodation comprises:
2 Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
KitchenOutside Rear yardStaff The business is at present operated by the vendor with the assistance of 1 full time and 2 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
