Turnover : WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 60% approx.
Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 3 years unexpired at a rental of £12,800 p.a. exclusive of rates, fixed for the remainder of the term.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 8 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION (£16,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by a lady vendor with the assistance of 4 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
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