Traditional Cobblers (Shoe Repair shop) with key cutting and leather good repair in Middlesex For Sale

Excellent main road position next to bus terminus and Tube Station, MIDDLESEX

Turnover £ 1,550
Price £31,000

Features

Shoe Repairs Plus Key Cutting, Bag & Leather Jacket Repairs

6 DAYS OPENING

Circular premises with shutters. Vinyl flooring, tube lighting. Sales counter, electric cash register. Fully equipped including shoe repair machine unit, shoe stretching machine, key cutting machine, cylinder key cuttting machine, mortice key cutting machine, laser key cutting machine, out sole leather sole stitching machine, leather press machine, leather patching machine, scoring machine, black inside leather sole stitching machine.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,550 p.w.

Staff

The business is at present operated by the vendor

Trading Hours

6 Day week
MONDAY - SATURDAY 8 a.m - 4 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from TFL, granted for 6 years in 2023 with reviews every 3 years (next review 2026) at a current rent of £8,500 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1988 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £31,000 plus STOCK AT VALUATION (£1,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 15,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote