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· Joined: Feb 19, 2011
£49,950
LEISTON, Suffolk, Turnover approximately 2,000 pw
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Price:
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Contact:
01302 849101
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Description:
Turnover approximately 2,000 pw, gross profit 52%, excellent profit. 2 bedroom accommodation with a rental income of 5,400 pa. EXCELLENT OPPORTUNITY VIEWING HIGHLY RECOMMENDED.
DETAILS
LOCATION
This business is located in the Suffolk town of Leiston. Leiston is approximately 25 miles north of Ipswich, and 25 miles south of Lowestoft off the main A12 trunk road. Leiston is a progressive town with a range of new commercial and residential developments. The town offers a thriving shopping area with a range of good amenities and entertainments. This business is an unopposed business being the only shoe shop in the town. It is our opinion that this location offers an outstanding opportunity.
BUSINESS PREMISES
The business premises consists of a retail shop with a customer area of 8.68m x 5.18m. To the rear of the premises there is large store room measuring 9.47m x 4.34m. In addition there is a staff rest room and office. Included in the sale will be a range of fixtures and fitting.
BUSINESS
The business trades as a traditional shoe shop with a range of other accessories to include handbags, purses, belts, socks, etc. The business caters for a range of ladies and gentleman's shoes in all sizes and ranges. In addition there is a range of children's school shoes, trainers and other leisure footwear. The present owners have recently experimented with a range of designer brand names in footwear with a good degree of success. This business is an unopposed business in the local town and has been established in excess of 10 years. We are informed that the shop was a former Freeman Hardy & Willis shop shop with an excellent reputation. We are informed that the current stock value is approximately 30,000.
HOURS
Monday - Saturday
9am - 5pm
Wednesday is half day closing at 1pm.
STAFF
The business is currently operated by 2 owners with the assistance of 2 part time staff members.
RENT & LEASE
The rent is 10,000 pa to include the accommodation. Please note however that the present owners sublet the accommodation at 450.00 pcm. We are informed that the rates are currently 633.00 pa, however any potential purchaser should contact the local authority to establish the exact rateable value and charges.
We are informed that a new lease has recently been negotiated due to expire March 2015. We are further informed that rent reviews are every 3 years.
PRIVATE ACCOMMODATION
The private accommodation consists of 2 bedrooms with a lounge, kitchen, dining room and bathroom.
Property Type:
Single-Family Houses
For sale by:
Agent/Broker
Phone:
01302 849101
Posted:
Contact:
01302 849101
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Let me know if you have any questions. – Adams & Co
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More About this Listing: LEISTON, Suffolk, Turnover approximately 2,000 pw
LEISTON, Suffolk, Turnover approximately 2,000 pw is a Houses for Sale at 20 Sizewell Road in Leiston SFK. Find other listings like LEISTON, Suffolk, Turnover approximately 2,000 pw and listings near 20 Sizewell Road by searching Oodle Marketplace for Houses for Sale in Leiston SFK.
LEISTON, Suffolk, Turnover approximately 2,000 pw is a Houses for Sale at 20 Sizewell Road in Leiston SFK. Find other listings like LEISTON, Suffolk, Turnover approximately 2,000 pw and listings near 20 Sizewell Road by searching Oodle Marketplace for Houses for Sale in Leiston SFK.