When does the current lease end?
The premises belong to the current owner
What is the annual escalation %?
Should the new owner wish to rent rather than buy the premises the escalation figure will be negotiated.
What are the trading hours?
Monday to Friday 8 -6
Saturday 8 - 4
Sunday 9 -1
What is the square meters of the business?
The store is 580sqm with a warehouse of 320sqm
Do you require a licence?
Yes, one requires both a wholesale and a retail license in this Industry.
As the process is conducted by an outside party the owner will introduce the purchaser to the relevant parties who will facilitate the transfer.
This however should not be a problem as the process in conducted by a party specialising in same.
What lease deposit and/or other surety is required?
Should the new owner not buy the premises, lease terms will be negotiated with the current owner.
At least one month's deposit will be required.