Attractive Well Equipped Greeting Cards Gifts Business For Sale

Business description

MEDIUM SIZED SALES SHOP occupying a corner position with 3 display windows, carpeted, suspended ceiling with concealed lighting. Air conditioning. We understand the shop was refitted approx. 4 years ago. Counter, electronic cash register, 18 greeting card display stands with drawers, attractive display units etc.

First Floor 2 storerooms

Staff w.c.
Staff cloakroom

Second Floor 2 additional storerooms

Office
w.c.

Large cellar

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a new 10 years full repairing and insuring lease at a rental of £22,500 p.a. exclusive of rates for the first 5 years, with rent to be agreed thereafter.

Uniform Business Rates: £7,000 p.a. approx.

THIS OLD ESTABLISHED GREETING CARD SHOP HAS BEEN IN THE SAME HANS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent trading position, KENT

Other information

Expansion potential:

WE ARE INFORMED the turnover is in the region of £150,000 p.a. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% plus.

Reasons for selling:

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£25,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 9 a.m. -.5.30 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.