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Hardware shop for sale in City of London, known for its modern features and secure lease

City of London, London, ID 166545

Hardware shop for sale in City of London, known for its modern features and secure lease 1
Hardware shop for sale in City of London, known for its modern features and secure lease 1
Asking price:
GBP£95 000
Turnover (per year): £598 000 gbp
Owner
Owner's representative

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Description

Business type: retail business

Tenure: leasehold

Financial Information

Average weekly turnover: approximately £11,500

Gross profit margin: approximately 50%

Financial figures source: owner

Sales Area

Frontage: single fronted

  • Electric shutters
  • Laminate strip flooring
  • Suspended ceiling
  • LED panel lighting
  • Sales counter
  • EPOS till
  • Modern adjustable shelving

Security

  • Ten CCTV cameras
  • One CCTV monitor

Additional Accommodation

  • Stockroom
  • Kitchen
  • Basement with additional sales space
  • Office
  • Two staff toilets with wash hand basins

Sale Terms

Asking price: £95,000

The price includes:

  • Renewable leasehold interest
  • Goodwill
  • Fixtures
  • Fittings

Estimated stock value: approximately £130,000

Stock purchase: additional at valuation

Funding

Business loan: may be available to an approved applicant

Details

Real Estate: Lease
Asking price: 95 000 gbp
Turnover (per year): 598 000 gbp

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