Shop for sale
Property description & features
- Tenure: Leasehold
- Established For Over 40 Years
- Turn Key Business Opportunity
- Freehold With Flat Available
- In Excess Of £500,000 Turnover
- Turnover In Excess Of £500,000
- Appointments Strictly Via Brockenhurst
Teenywear is a great business purchase for many reasons including;
* Income from the flat above
* Long established in the area over 40 years
* Known across Harrow and surrounding areas
* Huge Potential to further increase income.
Tenure
We are advised that the business is being sold on a Leasehold basis with a New FRI Lease on Completion at a rental of £19,000 pa with an option to buy the Freehold at £600,000 additional to the premium being advertised for the business. The flat generates an income of £14,400.00 per annum let on a 12 month AST.
Hours
The business hours are;
Monday - 9:00am - 5:30pm
Tuesday - 9:00am - 5:30pm
Wednesday- 9:00am - 5:30pm
Thursday - 9:00am - 5:30pm
Friday- 9:00am - 5:30pm
Saturday- 9:00am - 5:30pm
Sunday - Closed
Staff
We are advised that the business is owner run and managed, with the help of 2 full time and 2 part time members of staff over the busy, Summer period.
Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £511,000, with an adjusted net profit in the region of £130,000. Full financials can be made available upon further request and application.
Brockenhurst highly advise to register your interest early to avoid disappointment. All appointments to be made strictly via Brockenhurst.
Tenure: Leasehold
Places of interest
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Property reference CS0016. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Brockenhurst Estates - Harrow.
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength: obtained from Ofcom on June 29, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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