Business description

SPACIOUS SINGLE FRONTED SHOP approx. 5 metres wide x 12 metres depth with laminated strip floor. Modern adjustable shelving, counter, EPOS scanning system with till, 1 upright glass fronted display fridges, 1 upright glass fronted deep freeze etc.

Stairs to large basement with 3 treatment rooms (2 with couches)

Kitchen area
Staff w.c.

Property information

Property:

Leasehold

Lease terms:

We understand the landlord, subject to satisfactory references, is prepared to grant a new 15 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent main road trading position, LONDON, SW

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx. In addition, 2 of the treatment rooms are let and provide a rental income of £850 per month each. We are further advised that the sales year ending 30th September, 2008 showed sales of £146,801 plus income from the therapy rooms of £20,400 providing total sales of £167,201 and a gross profit of £104,268.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £52,000 plus STOCK AT VALUATION (£30,000/£35,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Friday inclusive - 9.30 a.m. - 7 p.m.
Saturday opening - 9.30 a.m. - 6 p.m.
Sunday opening - 11 a.m. - 5 p.m.

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.