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Artists Materials & Picture Framing For Sale

Undisclosed, Buckinghamshire
Leasehold:
£47,500
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Further Details
Status
FOR SALE
ReferenceM3592 / RightBiz
Advert ID73185
LocationUndisclosed, Buckinghamshire
SectorPicture Framing Businesses, Stationery Store, Craft Shops
TenureLeasehold
Leasehold Price£47,500
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Features : The Olde Worlde premises we understand are a Listed Building

DOUBLE FRONTED BOW WINDOWED MEDIUM SIZED PREMISES split level. Front area with woodstrip floor. Rear section carpeted. Spot and striplighting. Counter, electronic cash register, modern shelving.

REAR WORKROOM fully equipped for picture framing.

Staff cloakroom with w.c. and wash hand basin
Staff kitchen

Location : Sought after trading position, town centre position, BUCKINGHAMSHIRE

Opening Hours : Monday - Saturday inclusive - 9 a.m. - 5 p.m.
NO SUNDAY TRADING

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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