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Commercial Coming soon in Sutton Freehold

Sutton, London
Status
FOR SALE
Advert ID
234907
Reference
742 / Rightbiz
Freehold Price: £80,000
Features
SPACIOUS SALES SHOP in the region of 1,600 sq. ft. sales area with industrial non-slip floor, suspended ceiling, shelving, CCTV system with cameras, 2 monitors plus recording.

 stockroom
Staff cloakrooms with w.c. & wash hand basin 

Turnover
WE ARE INFORMED the turnover currently averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 70%.
Staff
At present operated by the vendor with the assistance of 2 full time.
Trading Hours
Monday - Sunday inclusive - 9 a.m. - 7 p.m.

Outside
Parking at rear plus access for deliveries from rear. 
Tenure
The vendor owns the Leashold and is prepared to pass on the current lease which is remaining of 4 years full repairing and insuring lease at a rental of £25,000 p.a. 

Uniform Business Rates: £16,800 p.a.

RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTUERS & FITTINGS £80,000 plus STOCK AT VALUATION (£35,000/£40,000 approx)
SHOP IS AVAILABLE IN A VACANT POSITION AT COMPLETION AND IS IDEAL FOR BIG CHAIN STORE AS HIGH STREET LOCATION WITH HIGH FOOTFALL.

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Listing Details
Location: Sutton, London
Sector: Commercial Properties
Contact Agent
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Advert Reference: 742 / Rightbiz

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