Superior Modern Nursery Goods & Baby Clothing Business For Sale

Business description

Most attractive and superbly fitted DOUBLE FRONTED SALES SHOP approx. 1,400 sq. ft. including lower ground floor sales area.

Ground Floor: Attractive woodstrip floor, ceiling with spotlighting. Well equipped including counter, electronic cash register, display stands, wood strips with metal to walls for display purposes.

Open plan staircase to lower ground floor sales area. In addition there is a customer's lift from the ground floor to the lower ground floor.

The lower ground floor area is fully carpeted, again well equipped to a high standard. Wood strips with metal to walls for display purposes, display stands etc.

Staff kitchen
Staff w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease in respect of the shop with maisonette over at a rental of £37,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. The vendor is also prepared, subject to satisfactory references, to grant a new 16 years full repairing and insuring lease in respect of the shop only (excluding the Maisonette over) at a rental of £27,500 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £6,500 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Living accommodation:

The SUPERB living accommodation in the form of a SELF CONTAINED MAISONETTE over, FULLY DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises: 3 Bedrooms (master bedroom with en suite bathroom with bath, w.c. and wash hand basin), 1 additiona

Location:

Excellent trading position, sought after, BUCKINGHAMSHIRE

Other information

Expansion potential:

The business suffered from a flood from the accommodation over, however, has recently been refurbished and is well fitted, having recently been re-opened and we understand the turnover is currently in the region of £1,500/£2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£15,000/£20,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.