Established Discount Store | | Undisclosed Manchester | | Situated in a Parade, main road trading position, residential, office and commercial area, GREATER MANCHESTER. | | ADVERT NUMBER : 63406
ADVERT IMPRESSIONS : 17,786 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Discount Stores | | SALE: | Agent Sale | LEASEHOLD: | £19950 | | | | | BUSINESS DETAILS: | Features : SUMMARY:
• PRICE (LEASEHOLD) £19,950
• SIZE 60.8(M²) / 654.4(Ft²)
• 6 DAYS OPENING
• GROSS PROFIT 35%
• TURNOVER £1,000p.w.
DESCRIPTION:
SINGLE FRONTED WITH ELECTRIC SHUTTERS, suspended ceiling with fluorescent lighting, carpet tiled floor, sales counter, shelving (modern adjustable).
• Stock room / Store room..
• Toilet with w.c. and wash hand basin. (Staff)
Location : Situated in a Parade, main road trading position, residential, office and commercial area, GREATER MANCHESTER.
Opening Hours : 6 Day week (Monday - Saturday) 9am - 5pm
Turnover : We have not had sight of the account but WE ARE INFORMED by the vendor :
• Turnover averages £1,000- £1,2000 p.w.
• Gross profit 35% approx.
Tenure : We have not had sight of the lease but WE UNDERSTAND FROM THE VENDOR that the premises are held on a SECURE RENEWABLE lease from the council:
• Lease granted for 6 years in 2008 (renewable under 1954 act)
• Reviews every 3 years (next review 2014)
• RENT £6,000 p.a.
THE VENDOR HAS ADVISED THAT:
• BUSINESS RATES from APRIL 2011 payable: £1,280 (Please contact local council to confirm)
• WATER RATES (METERED).
THE BUSINESS IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.
Price : TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS
£19,950 plus STOCK AT VALUATION (£10,000 APPROX.)
LOAN TO AN APPROVED APPLICANT.
N.B. The purchaser is to be responsible for the Landlord solicitors costs.
Outside : Small Yard to rear
Parking space for 1 car to the side.
Staff : The business is at present operated by the vendor
| | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
