Modern Cycle Shop | | Undisclosed Surrey | | Excellent trading position, SURREY | | ADVERT NUMBER : 70022
ADVERT IMPRESSIONS : 9,518 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Motor Cycles | | SALE: | Agent Sale | LEASEHOLD: | £20000 | | | | | BUSINESS DETAILS: | Features : The shop is situated in a parade adjacent to a large supermarket
Large customer's Car Parking (Pay & Display)
SPACIOUS DOUBLE FRONTED SALES SHOP with double sliding door, carpeted, suspended ceiling with fluorescent lighting, display stands, counter.
WORKSHOP/STORAGE AREA AT REAR
Staff cloakroom with w.c. and wash hand basin
Location : Excellent trading position, SURREY
Opening Hours : Monday - Saturday incluisve - 9.30 a.m. - 5.30 p.m.
NO SUNDAY TRADING
The business is also closed on all Bank Holidays
Turnover : WE ARE INFORMED the turnover averages £2,000 p.w. inclusive of VAT, in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx. Included in the turnover is income from the repair of cycles.
Tenure : We understand the premises are held on a secure renewable lease, the present lease havng approximately 5 years unexpired at a rental of £17,000 p.a. exclusive of rates for the remainder of the term. In addition we understand there is a current service charge of approximately £350 per quarter.
Uniform Business Rates: £4,380 p.a. (should reduce with small business relief)
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£15,000 approx. at cost)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by the partners on a part time basis with the assistance of 1 part time staff. In our opinion the business is an ideal business for a husband and wife team. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
