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Hardware / D.I.Y Store (Including Elctrical Goods, Paint, Plumbing And Roofing Materials) For Sale

East London, London, UK
Asking Price:
£170,000
Turnover:
£416,000
Net Profit:
Undisclosed

CUSTOMER PARKING TO FRONT.

FORECOURT AREA.

6 DAYS OPENING

DOUBLE FRONTED UNIT ( PREMISES in the region of 1,450 ft² ), Tiled flooring, CCTV (3 cameras), cash register, display stands, adjustable shelving, key cutting machine, etc.

Store room.

Staff cloakroom with toilet and wash hand basin.

Kitchen / staff room with cupboard, cooker, fridge and sink.

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

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w. - £10,000 p.w. with a Gross profit of 30% approx.

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

We are informed the wage bill averages £1,200 p.w. approx.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £170,000 plus STOCK AT VALUATION (£80,000 APPROX.)

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

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

Property Information

Property:

Leasehold