Spacious Electronic Device Repair & Retail Shop

DESCRIPTION
Through front double doors into Shop with fitted floor mat, laminated flooring, LED concealed ceiling lights, extensive wall display racking, 2 glass display cabinets, free-standing display cabinet, counter with 3 display cupboards, servery counter, 3 chairs, computer, printer, work desk, light, CCTV cameras, wall mounted Dimplex heater. Through door into Staff Room. Through into Lobby. Door into Cloakroom with wash hand basin, hot water heater, cubicle with low level WC. Door with stairs down into BASEMENT for storage. Door from Shop into Lobby with stairs up to FIRST FLOOR with Kitchen with work top surfaces, single drainer single bowl sink unit and storage area.

TRADING & BUSINESS
The owner informs us that the business currently operates 7 days a week, under management and is operated by one full time member of staff and one part time staff member. The business repairs electronic devices such as mobile phones and tablets and also has a retail arm buying and selling accessories and mobile phones. The owner informs us that he has operated the business for 3 years and the turnover in the last trading year was circa £100-£120,000. We have not had sight of accounting information for this business.

TENURE
LEASEHOLD. The owner informs us that there are approximately 7 years remaining on an original 10 year lease with 5 yearly rent reviews, at a current rent of £25,000 per annum, exclusive. We have not had sight of this lease documentation.