Current annual income is approximately £105,000. This independent business is being sold due to the retirement of the founding owner after 15 years of successful trading and offered with huge potential in this densely populated area of NW London, in a Hugh Street Location and an ideal first time purchase as it offers a well respected local brand with a solid base of management/lettings on which to build upon and rarely available
- Asking Price:
- £150,000
- Turnover:
- £105,000
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
New Lease to Granted.
- Leasehold Rent:
-
£17,000 per annum
- Location:
-
High Road, nera TFL tube station, in a busy parade of shops, with many High Street retailers on a very busy arterial ‘A’ road with continual passing trade.
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- Fully experienced team of dedicated staff. Annual wage bill of £50,000, excluding the owner.
- Years established:
- 20+ Years
