BTC Commercial welcomes to the market this MOBILE PHONES plus VAPE SHOP in an immaculate condition. Situated in a parade, excellent High Street trading position, residential, office and commercial area of Central London In Zone 1. (Retiring due to Health issue)
SINGLE FRONTED PREMISES in the region of 350 SQ.FLOOR AREA WITH ELECTRIC SHUTTERS. Woodstrip floor, ceiling with spot lights plus LED lighting, glass fronted sales counters, cash register. CCTV system, Alarm, etc. There is a BASEMENT at the shop which is of around 375 SQUARE FEET consists of 2 STORE ROOMS, Toilet, wash hand basin and Pantry.
The business undertakes electrical repairs, mobile phone, accessories sales, and vape products, Previously shop use to run as a Beauty Salon, the oncoming buyer can use the premises as a beauty salon as well as all the set up is still there. Furthermore Premises also have a A3 License so any oncoming buyer who is interested can make a café or Restaurant.
Rent: £31,000 P.a
Rates: £5,500 P.a
Turnover: WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w. with a gross profit of 150% approx.
Shop Timings: Monday to Saturday 10 a.m to 7 p.m
Sunday: 11 a.m to 5 p.m
Potential to Extend working hours to boost the sales of the shop.
Terms: Leasehold: 5 years lease remaining under Landlord Tenancy act (Renewable lease)
GOODWILL: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS: £55,000 plus STOCK AT VALUATION
Call BTC for further details and appointment for viewing: --- ---- ---- or email us at [email protected]
Tenure: Leasehold
