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DIY Store And Builders Merchant For Sale

North London, London, UK
Asking Price:
£175,000
Turnover:
£130,000
Net Profit:
Undisclosed

DOUBLE FRONTED PREMISES, TOTAL SITE IN THE REGION OF 2,000 ft², WITH ELECTRIC SHUTTERS, CCTV (8 cameras), Carpet tiled flooring, cladded ceiling with tube lighting.

Sales counter, electric cash register, adjustable shelving, display stands, etc.

Staff rest area / Kitchen - Cooker, microwave, toaster and hand wash basin.

Staff cloak room with toilet and wash hand basin.

Office / secure store.

LOCATION: Situated in a Parade, excellent main road trading position, residential and commercial area, NORTH LONDON

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. with a Gross profit of 25% approx.

STAFFING: The business is at present operated by the vendor occasionally with the assistance of 1 full time and 2 part time staff employed.

We are informed the wage bill averages £1,400 p.w. approx.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION (£40,000 APPROX.)

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

**PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS TO BE BY WAY OF SHARE TRANSFER**

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold