Safety Clothing Business in South London For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SOUTH WEST LONDON

Turnover £ 2,000
Price £50,000

Features

Construction Clothing & Footwear Business

SINGLE FRONTED PREMISES in the region of 1,300 ft² WITH ELECTRIC SHUTTERS. Tiled floor, ceiling with fluorescent lighting. Sales counter, EPOS till & cash register, modern adjustable shelving, hanging rails, shoe shelving.

Toilet with w.c. and wash hand basin.

Kitchen

Basement in the region of 475 ft², used for storage purposes.

First floor small Stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a gross profit of 50% approx.

Staff

The business is at present operated by the vendor plus son's help on the weekends

Trading Hours

MONDAY - SATURDAY 10am - 5.30pm
SUNDAY 11am -5pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2020 with reviews every 5 years (2025) at a current rent of £20,000 p.a. the owner is currently trading over until a new buyer is found.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

Business Rates from April 2025 £2,210 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1985 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS, STOCK £50,000.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote