Business Summary

Price Reduced

Summary

Asking price: £80,000

Sales revenue: £104,000

Net profit: Undisclosed

Business Description

IMMACULATE NEW PREMISES – BUSY MAIN ROAD POSITION

BUSINESS – Established by our clients in May 2013 and now only being marketed as a result of the Vendors family problems. Tremendous potential exists for the introduction of Sunday trade, plus longer hours.

TURNOVER – T/o averages £2,100 pwk at 60% GP. (Steadily rising)
(Should increase to well in excess of £4,000 PWK within a short period)

Property Information

Property: Leasehold

Lease terms: 6 years remaining on original lease. RENT - £10,000 P.A. (5 Year reviews)

Location: These well appointed premises occupy a prominent trading location fronting a busy main road junction in the popular South London District of Catford drawing trade from over a wide catchment area, and enjoying tremendous passing trade.

Other Information

Trading hours: 11.00pm – 10.30pm Mon to Sat Closed Sun

Fixtures value: Undisclosed

Stock value: Undisclosed

Property Details