Finchley Internet & Discount Store | | Finchley London | | • ADVISED GROSS WEEKLY SALES £4,000 • IDEAL UNIT FOR NEW BUSINSS START UP • PRIME TRADING POSTION IN WELL ESTABLISHED PARADE • RECENTLY ESTABLISHED BUSINESS FROM SHELL FORMAT • FITTED AND EQUIPPED TO HIGH STANDARDS • BASEMENT USED AS AN INTERNET CAFE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62328
ADVERT IMPRESSIONS : 7,784 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Discount Stores | | SALE: | Agent Sale | LEASEHOLD: | £30,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is situated on East Finchley Road off the A1 in prime position on a very busy road and the business is in close proximity to East Finchley underground Station (Northern Line).
THE BUSINESS
The business was established in 2010 as a high quality Discount store from an empty shell format. The unit has been fitted and equipped to a very high standard and offers many product lines.
The business is situated in a prime town Centre trading position and enjoys very high volumes of footfall throughout the day and night.
The Basement is currently being used as an internet cafe, which has been fully fitted with 10 computers.
DESCRIPTION
The Business has been fitted and equipped for the sale of: All household goods, kitchen and bathroom equipment, DIY, Duvet, Pillows, books, magazines and general Supplies.
FIXTURES & FITTINGS
The business is equipped with the following:
New Shelving
New Laminated floor
New Facia
Check out position
Computers
Printers
Computer equipment
INTERNAL DETAILS
Trading Area 80sq/m (869sq/ft) approx
Basement Area 31sq/m (333sq/ft) approx
Stockroom
Fully fitted kitchen
WC
Access to rear
EXTERNAL
The premises is surrounded by many complimentary Businesses, Offices, Restaurants and Newsagents.
The business has a bus stop directly outside and in close proximity to the tube
HOURS
The business currently trades the following hours:
Monday - Saturday 09:00 to 18:00
Sunday – 10:00 to 16:00
STAFF
The business currently trades with 1 full time and 1 part time member of staff.
TERMS, TENURE & RATES
We have been advised the premises is held on a 20 year lease which commenced in 2008, with an annual rent passing of £18,000. Formal rent reviews are conducted every 5 years.
We have also been advised that the business rates payable per annum by our client is circa £7,500. This figure however can be subject to change and different for individual operators. We therefore advise you carry out your own due diligence in relation to this.
TRADING INFORMATION
Trading information including a breakdown of the income streams will be available after a formal viewing has been conducted. | | | | | | FOR SALE | | | | | REFERENCE: | BMA528 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
