Attractive Well Established Traditional Model Shop | | Undisclosed County Durham | | Unopposed trading position COUNTY DURHAM | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70023
ADVERT IMPRESSIONS : 11,080 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Model Shops | | SALE: | Agent Sale | LEASEHOLD: | £50000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : This spacious traditional MODEL SHOP was established in November, 1999 by the present owner and there are genuine reasons for sale.
Shared free parking for 20/25 cars
Entrance to GROUND FLOOR probably in the region of 1,500 sq. ft. area, 750 sq. ft. of which is at present used for storage whilst the additional large area could readily be used as a further retail area, if desired.
Staff cloakroom with w.c. and wash hand basin
Stairs to SPACIOUS FIRST FLOOR AREA in the region of 1,500 sq. ft. woodstrip floor, ample lighting, shelving, display stands etc.
Mezzanine floor, ideal for storage purposes
Location : Unopposed trading position COUNTY DURHAM
Opening Hours : Operated on a 5 day week basis CLOSED ALL DAY SUNDAY
Monday & Tuesday - 9.30 a.m. - 5 p.m.
CLOSED ALL DAY WEDNESDAY
Thursday, Friday & Saturday - 9.30 a.m. - 5 p.m.
Turnover : WE ARE INFORMED the trading and profit and loss accounts year ending 31st January, 2011 showed £216,923 with a gross profit of £77,011
Tenure : We understand the premises are held ona secure renewable lease, the present lease having approximately 4 years unexpired at a rental of £9,600 p.a. exclusive of rates. We further understand that subject to satisfactory references the landlord would be prepared to grant a longer lease at approximately the same rent, with rent revisions.
AS STATED THE BUSINESS WAS ESTABLISHED BY THE PRESENT OWNERS IN NOVEMBER, 1999 AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION (could be reduced to approximately £100,000)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : At present operated by the vendor with the assistance of 1 full time staff. | | | | | | FOR SALE | | | | | REFERENCE: | M3544 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
