Toy Shop and Stationers in Surrey For Sale

Situated in a parade, busy road, residential & commercial area SURREY

Turnover £ 3,000
Price £45,000

Features

Old Established Toy & Stationary Shop

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 915 ft² WITH ELECTRIC SHUTTERS AND AUTOMATIC DOOR, tiled floor, suspended ceiling with spot lights, sales counter, cash register plus computer, modern adjustable shelving, 5 card display stands, helium bool machine, CCTV system (9 cameras, 1 monitor), etc

Stock room.
Staff Toilet with w.c. and wash hand basin.
Staff Kitchen.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w. with a Gross profit of 50% approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

6 Day week
MONDAY - SATURDAY 9.30am - 5.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2015 with reviews every 4 years (next review 2027) at a current rent of £18,600 p.a.

Business Rates from April 2024 £2,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, 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 (£70,000 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