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Butcher With Bakery And Food Centre In Kilburn For Sale

Kilburn, London
Asking Price:
£330,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£1,196,000
Cash Flow:
£6,000

ASSETS MANAGEMENT ARE PLEASED TO PRESENT THIS BUSY FOOD MARKET IN HEART OF KILBURN

Turnover: WE ARE INFORMED THE TURNOVER CURRENTLY AVERAGES £21000-£25000 PER WEEK, IN OUR OPINION OFFERING TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS.

Tenure: THE PREMISES ARE HELD ON A SECURE RENEWABLE LEASE, THE PRESENT LEASE HAVING APPROXIMATELY 11 YEARS UNEXPIRED AT A CURRENT RENTAL OF £30000 P.A AND BUSINESS RATES: £17000 per year.

The business is being sold fully equipped and fully stocked. The business brings a very good income and it needs no financial input of your own, all the business needs is a new owner whom will overtake and earn profit right away.

AS PER VALUATION BY OUR EXPERTS CURRENT STOCK VALUE IS ABOUT £90K AND EQUIPMENT IS VALUED ABOUT £80K

Any persons wishing to discuss the sale or meet the vendors are requested to do so in confidentiality without disrupting the current business and its staff.

Property information

Property:

Leasehold

Lease Terms:

10 Years Open Lease

Leasehold Rent:

£30,000 per annum

Location:

Busy High Street

Business Operation

Employees:
5
Years established:
2

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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