Great Opportunity Has Arisen In The Heart Of The Olympics! | | Newham London | | Designer kitchen, bedroom and bathroom showroom up for sale in the heart of Stratford, the future home of the Olympics. The property has a greater advantage as it's located on the main road. The showroom comprises of the latest designs and appliances. Lease to let or rent Great Opportunity Has Arisen In The Heart Of The Olympics! is located in London. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 9106
ADVERT IMPRESSIONS : 11,933 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Bathroom & Kitchen Retailers | | SALE: | Private Sale | LEASEHOLD: | £40000 | ANNUAL RENT: | £15500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The business has been running successfully for 3 years and has a turnover of over £300,000pa with a gross profit of over £90,000pa.
It is located on Leytonstone road (main road in Stratford, E15) and pulls in a lot of walk-in trade. The running business will be sold with all the recommendations and contacts e.g. builders, fitters, suppliers.
The shopfloor is 750sq ft, is tiled with large rectangular black marble effect tiles, florescent ceiling lights, large backroom toilet and sink, and also kitchen area. All the local amenities are near by.
There is not any competition but there may be in the future as it is a prime location.
The rent pa is £15,500 exclusive of rates and there is a 7 year lease remaining with the prospect of renewal to the right applicant.
It would be preferred to sell this property as a running business as it has been established but because of the location the premises has the potential of doing well with other ventures also.
To fully understand the true value of this property it would be best to call and make an appointment to view.
The asking price for the lease is £40,00 ono
The selling price for the running business is £100,000 ono
The owner is selling this property as he has found an opportunity abroad. | | | | | | EXPIRED - AWAITING DELETION | | | | | REFERENCE: | kitchens / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
