Discount Store for sale in Croydon

Croydon, Surrey


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, excellent main road trading position, densely populated residential area, SURREY

WE ARE INFORMED the turnover averages in the region of £7,000 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the gross profit is in the region of 30% approx.

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £32,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

VENDOR TO CONFIRM THE Uniform Business Rates are around : £15,000 approx p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive - 9 a.m. - 6 p.m.
Sunday opening - 10 a.m. - 4 p.m.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (probably in the region of £60,000/£80,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £75,000
Tenure : Leasehold
Status: Available
Sectors:
Discount Stores
Gift Shops
Haberdashery Shops
Household Goods Shops
Picture Framing Shops
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