Attractive Old Established Picture Gallery Plus Picture Framing | | Undisclosed Kent | | Situated in a parade, sought after residential area, KENT | | ADVERT NUMBER : 39226
ADVERT IMPRESSIONS : 55,537 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Antiques Shops & Sales | | SALE: | Agent Sale | LEASEHOLD: | £13500 | | | | | BUSINESS DETAILS: | Features : Forecourt with parking for 2 cars for customersSPACIOUS DOUBLE FRONTED PREMISES. Picture gallery with laminated strip floor, ceiling with spotlighting on tracks, electronic cash register.Rear workshop, fully equipped for picture framing including new underpinner with compressor, tilt and angle saw, Morse guillotine, Edemco 2226 dry mounting press, Keen Cut Ultimat 48' mount cutter, guillotine plus hand tools etc.Location : Situated in a parade, sought after residential area, KENTOpening Hours : Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.NO SUNDAY TRADINGThe business is also closed on all bank holidaysTurnover : WE ARE INFORMED the turnover averages £1,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 66% approx.Tenure : We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of £14,000 p.a. exclusive of rates for the next 2 years, with rent review at that time and thereafter every 4 years.Uniform Business Rates: £4,200 p.a. approx. + water ratesPERSONALLY INSPECTED AND HIGHLY RECOMMENDEDMUST BE SEEN TO BE FULLY APPRECIATEDREDUCED FOR EARLY SALEPrice : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £13,500 plus STOCK AT VALUATION £10,000SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff : The business is at present operated by the vendor and no staff are employed. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
