Freehold and business for sale- Guide Price £500,000 to include goodwill, fixtures and fittings- SAV (approximate value £40,000).
The property is held on a 999 year lease with a 50% share of the freehold. The upper flat is sold on a long lease with the other 50% share in the freehold.
Offered for sale to include this charming traditional toy shop business stocking a broad range of toys, games, models and musical instruments. Our clients have owned the business for approximately 7 years and the business has been established for 18 years. Valuable accounts are held with Hornby, Playmobil and most importantly Lego, whom our clients advise have a substantial waiting list for an account in London.
The business benefits from a striking frontage and is highly regarded & profitable- financials can be provided to genuinely interested parties after an initial inspection.
There is metered street parking in Sheen Lane and a large public car park opposite, which is free on Saturdays.
Location
Close to the junction of Sheen Lane & Upper Richmond Rd West in popular shopping street with an eclectic mix of interesting shops, restaurants & cafes - public car park opposite and metered street parking.
Accommodation
The shop has been extended to provide a total area of approximately of 850 sq ft
It can also be accessed via an attractive mews to the rear. The current owners added a playroom to the back of the shop that is a popular venue for classes, clubs and parties, providing an additional revenue stream and and a great space to engage with the local community.
Terms
Tenure - Freehold
Price/premium - £500,000
Legal Fees - Not specified
EPC - Band C
Rateable Value - The VOA website states a RV of £12,500, payable at the prevailing rate.
Trading Hours - Monday & Tuesday 10.00-17.00, Wednesday, Thursday & Friday 10.00-17.30, Saturday 10.00-17.00, Sunday 10.00-16.00.
Years Established - 18 years
Employees - Three, plus occasional staff.
Client Involvement - Full time.
Specification
- Business for sale
- Close to station
- Early viewing recommended
- Excellent trading location
- Freehold
- Long established
- On street parking
- Public car park nearby
- Turnkey opportunity
- Viewings by appointment only