Modern Discount Store (selling Household Goods, Tools, Toys, Plastic Cartons, Including Lunch Boxes, Bowls Etc). Seasonal To Include Christmas And Be | | Undisclosed Norfolk | | Situated in a Shopping Precinct, adjacent to Iceland and close to Boots, town centre, NORFOLK | | ADVERT NUMBER : 53107
ADVERT IMPRESSIONS : 11,976 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Discount Stores | | SALE: | Agent Sale | LEASEHOLD: | £12500 | | | | | BUSINESS DETAILS: | Features : The business was established by the present owners approx. 8 years ago and in our opinion offers tremendous potential for further development in the right hands.
SPACIOUS SINGLE FRONTED PREMISES in the region of 800 sq. ft. with tiled floor, suspended ceiing with fluorescent lighting and well equipped including display shelving, 1 centre display gondola, counter, electronic cash register, CCTV system with 4 cameras, monitor plus recording etc.
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a Shopping Precinct, adjacent to Iceland and close to Boots, town centre, NORFOLK
Opening Hours : Monday - Saturday inclusive - 9 a.m. - 5 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £1,500 p.w. in our opinion offering tremendous potential for further increase in the right hands and indeed with additional stock being introduced. Gross profit 50% approx.
Tenure : We understand the premises are held on a secure renewable lease for a period of 10 years from May, 2009 at a rental of £15,000 p.a. exclusive of rates up to May, 2014, with rent to be agreed thereafter. (We understand there is a Break Clause within the lease at May, 2014 allowing the tenant and landlord to give 6 months notice to terminate the lease if desired). In addition we understand there is a service charge of approx. £800 p.a.
Uniform Business Rates: £6,200 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
REALISTICALLY PRICED FOR EARLY SALE
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £12,500 plus STOCK AT VALUATION (£7,000 approx).
LOAN POSSIBLE TO AN APPROVED APPLICANT
Staff : The business is at present operated by the vendor and no staff are employed. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
