Household Goods Shop in North London For Sale

Situated in a Parade, excellent main road trading position, exclusive residential, office and commercial area, NORTH LONDON suburb.

Turnover £ 7,000
Price £90,000

Features

Superbly Fitted Kitchenware, Houshold Goods, Gardening & Pet Accessories Business

MODERN SINGLE FRONTED PREMISES - CCTV (8 cameras), Laminate flooring, suspended ceiling with LED pendant lights.

Sales counter with EPOS Till (owned), computer.

Various display stands, cabinets, racking and shelving.


Basement - used for storage.

Office.

Staff cloakroom with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,500 p.w. - £7,500 p.w. with a Gross profit of 50% approx.

Staff

The business is at present operated by the Staff with 1 full time and 1 part time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 9.30 am - 6pm
SUNDAY 10 am - 5 pm

Tenure

The vendor is prepared to grant, to an approved applicant, a new 10 year sub-lease, at an initial rent of £52,500 p.a. with rent reviews every 5 years.

Business Rates from April 2025 £8,500 approx. after small business relief. (Please contact local authority to confirm)

THE BUSINESS IS OFFERED FOR SALE SOLELY DUE TO THE VENDOR'S OTHER BUSINESS COMMITMENTS.

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£50,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote