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Reference M5457

Picture Framing Shop in Surrey For Sale

Picture Framing Shop in Surrey For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, residential, office and commercial area, SURREY

Turnover £ 1,500
Price £45,000

Features

Well Established Picture Framing Retail Shop with Mirror Showroom Inclusive

5 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 850 ft². Concrete floor, suspended ceiling with fluorescent lighting. Sales counter, cash register

Open plan fully equipped workshop for bespoke/custom framing on site.

Toilet with w.c. and wash hand basin

Small Kitchen area (not fitted out)

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w.

Staff

The business is at present operated by the vendor with the assistance of 1 part time framer on a self-employed basis.

Trading Hours

TUESDAY - SATURDAY 10 a.m - 4 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2011 with reviews every 5 years (next review 2026) at a current rent of £18,000 p.a.

Business Rates from April 2023 £840 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1998 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£12,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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