Leasehold Cards and Gifts Shop For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this excellent card and gift shop, which was first established by our clients in 2001 and is only now being placed onto the market due to their desire for a lifestyle change. The shop, which is run and managed by our clients, with the assistance of staff, achieves a very respectable annual turnover of £86,000, derived from sales of gifts and cards to both regular and passing customers. The shop also benefits from being completely independent, so the owners can purchase goods from whoever offers the best product at the best price. The business has always enjoyed excellent levels of repeat and new trade from good word of mouth and is referred to by many as the first place to visit for all celebration goods. We feel that this opportunity offers an excellent base for a new owner to build upon and urge early viewing of this charming shop.

Property information

Property:

Leasehold

Lease terms:

Original lease: 3 years;
Remaining: 3 years;
Review every: 6 months;
Rent: £9,492 per annum

Living accommodation:

Single storey shop with glass front, open plan store, rear storage and preparation area: Ground Floor • Main high street front entrance • Glass fronted building • Open plan shop with 2 aisles featuring product displays on both sides • Well presented wall displays • Front serving counter with till and display areas • Rear storage and staff area • Private preparation / storage with WC and small catering facilities

Location:

Revels Celebration Savers is located in the beautiful town of Newport, near Telford. The shop sits on the busy high street and is complemented by a wide variety of other retailers that draw trade to the area throughout the year. The shop is visible from the high street's busy island, which is used daily by commuters and provides the shop with excellent passing trade and constant advertising potential. Newport has always been a highly desirable business and residential location, due to its beautiful countryside, excellent schools and hospital and wonderful housing. Newport is only 9 miles away from Telford centre and is easily accessable via the M54 motorway, which is aproximately eight miles away.

Other information

Trading hours:

Mon, Wed, Thur, Fri: 9:00am - 5:00pm; Tue & Sat: 9:00am - 4:00pm