Attractive Card & Toy Shop in Eastleigh For Sale

Shopping arcade, HAMPSHIRE EASTLEIGH

Turnover £ 2,700
Price £39,500

Features

Attractive Stationery, Greeting Cards, Small Toys

SINGLE FRONTED SALES SHOP probably in the region of 530 sq. ft. sales area with carpet tiled floor, fluorescent lighting. The equipment includes 12 greeting card display stands 4 with drawers under, 1 wire card stand, 5 revolving card stand (owned), counter, electric cash register, photocopier (on loan) etc.

Small storaage area

Staff w.c.

Turnover

WE ARE INFORMED the turnover is growing consistantly and presently averages £2,700 p.w. inclusive of VAT. We are further advised that the gross profit is in the region of 55%.

Staff

Staff employed. 3 part time employed.

Trading Hours

Monday - Saturday inclusive - 9 a.m. - 5 p.m.
NO SUNDAY TRADING
(In our opinion there is potential for Sunday opening, if desired)

Tenure

We understand the landlord, subject to satisfactory references, is prepared to grant a new 10 years lease at a rental of £14,000 p.a. plus VAT, with rent reviews.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2003

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION (£15,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 19,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote