Superbly Appointed Opticians In West Central London For Sale

Business description

Situated in the heart of Bloomsbury, in a purpose built shopping centre, surrounded by large, well - known High Street clothing, general and pharmaceutical shops and restaurants, a high quality national supermarket and close to various stations. The immediate area comprises a worthwhile and interesting mix of well-established commercial, residential and academic locations.

Property information

Property:

Leasehold

Lease terms:

Renewable 20 year lease from June 2007 with 5 yearly rent reviews and the current rent is £15,000 + £12,000 pa service charges

Leasehold rent:

£15,000 per annum

Premises details:

Single fronted unit with aluminium frame frontage and electric shutters. Internally, the fully air-conditioned beautifully fitted-out ground floor shop measures approximately 1,250 sq ft overall comprising dispensing section backed by workshop, various wall display units, screening area, 2 consulting rooms, disability compliant toilet/washroom, office and fitted kitchen. The unit is monitored by a CCTV system operating 24 hours.

The business has been established since 1973 and has been in the same hands since 1990. The annual turnover shows £150,000 @ 70% GP. This is a “high-end” business, with a very loyal patient base, ideal for someone who is motivated, perceptive, energetic and enjoys quality work.

Size in square feet:

1,250

Business Operation

Reasons for selling:

Genuine retirement

Trading hours:

Mon - Fri 11 am - 7 pm. Closed Saturday and Sunday.

Employees:

Husband/wife + 3 p/t

Years established:

37

Other information

Support & training:

Available if required.