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Sports Shop In North East Market Town For Sale

 
Northumberland, United Kingdom
 
Advert ref: BP014
 
FINANCIAL DETAILS
 
Asking price: £60,000
 
Sales revenue: £350,000
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
Turnover circa £350,000 per annum. Town centre location. Long established business. Extensive double fronted sales shop.


GENERAL INFORMATION
 
Years established: This is a currently a family run business and has been established in Hexham for over 30 years.
Employees: Owner operated (3 family members) plus 2 part time members of staff.
Property: Leasehold

Lease terms
The premises are held on a 10 year lease from 2006. Current rent £23,000 per annum with 5 yearly rent review pattern. A new lease may be available.


Location
The shop is located within a busy parade of mixed retail units close to the central business district and on one of the main roads through.


Financing available
We are able to refer interested parties to financial institutions for competitive quotes and products. Please ask for information when making a viewing appointment.


 
The Business Partnership - North East
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30