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114 Advert ID 11513   Sellers Ref : M2407
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Most attractive and spacious INTERIOR DESIGNS, HOME ACCESSORIES, LIGHTING, FURNITURE, CANDLES, GIFTS, PICTURES plus TEAROOM AREA For Sale

Business Summary:


* Location : Hertfordshire
* Turnover : £ 2,500 p.w.

* Leasehold Price : £ 39,950

Agent :  Nationwide Businesses Ltd


 

Description : Ample parking in front of parade, restricted to a maximum of 1 hour during the day.

SPACIOUS DOUBLE FRONTED SALES SHOP approx. 1,000 sq. ft. sales area. Woodstrip floor, ceiling spotlighting. Counter, electronic cash register, computer.

Rear open plan Tearoom area with breakfast bar having 6 high chairs, in addition there are 4 tables and 8 chairs. Fully equipped including 2 group Gaggia coffee machine, coffee grinder, fridge, dishwasher, 4-slice toaster, juice extractor, smoothie maker, sink and drainer etc.

Stairs to large cellar (ground floor at rear) providing ample storage facilities.
   
Location : Situated in a parade, excellent main road trading position, sought after residential area, HERTFORDSHIRE
   
Trading Hours : Monday - Friday inclusive - 9.30 a.m. - 5.30 p.m.
Saturday opening - 10 a.m. - 5.30 p.m.
NO SUNDAY TRADING
We are advised the business closes for 1 week in August and 1 week at Christmas/New Year to allow the owners a holiday break. We are further advised that the business is closed on all Bank Holidays
   
Staffing : The business is at present operated by a lady vendor on a part time basis with the assistance of 3 part time staff.
   
Tenure : We understand the premises are held on a secure renewable lease the present lease having approximately 1 years unexpired at a rental of £8,500 p.a. exclusive of rates, fixed for the remainder of the present term. We are advised that the landlord is prepared to accept a surrender of the existing lease and grant a lease at an initial rental of £14,000 p.a. exclusive of rates with rent reviews thereafter.

Uniform Business Rates: £3,940 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE RETAIL BUSINESS, WHICH IN OUR OPINION HAS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


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