Cards Gift And Toy Shop For Sale

Business description

SPACIOUS DOUBLE FRONTED SALES SHOP fully carpeted, fluorescent lighting. Display stands, electronic cash register.

Additional display room for bedding plus greeting card display room with 1 large greeting card display stand, 5 revolving card display stands (owned)

Stairs to first floor comprising:

2 large stockrooms
2 offices
Kitchen
Staff toilet and wash hand basin

In our opinion the first floor area has potential to convert into small living accommodation, if desired.

Property information

Lease terms:

We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £5,000 p.a. approx. + water rates

THIS ATTRACTIVE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Location:

Sought after trading position SURREY

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx. We are further advised that the sales year ending 31st July, 2007 showed £163,344 with a gross profit of £63,830.

Reasons for selling:

To Include The Secure Lease, Goodwill, Fixtures & Fittings £75,000 Or Near Offer Plus Stock At Valuation (£50,000/£60,000 Approx). Substantial Loan To An Approved Applicant

Trading hours:

Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.
NO SUNDAY TRADING

Financing available:

Substantial Loan To An Approved Applicant.