Lifestyle Shop In Blackheath For Sale

Business description

SPECIALISING IN LADIES FASHION – GIFTS – GREETING CARDS

BUSINESS - The business has been established for some 31 years, has been in the present hands since 1997 and is now only being marketed as a result of the vendor’s wish to move area. Tremendous potential exists for the introduction of more childrens wear, cards, stationary, toiletries and gifts. The company website could also be developed further.

TURNOVER - £750,000 P.A. @ 51% G.P.

Property information

Property:

Leasehold

Lease terms:

5 Years remaining on current lease. New lease available.

RENT – £36,000 P.A. (3 yr reviews)

Leasehold rent:

£36,000 per annum

Location:

These well appointed premises occupy a prominent trading location in the centre of Blackheath being opposite the Station. This is an exceptionally well known business which draws trade from over a wide catchment area.

Premises details:

Imposing Mid parade premises with Single frontage and single entrance to: Ground floor retail Area: 1026 sq/ft, display shelving, numerous greetings card displays, counter, EPOS cash register, digital CCTV. Lower Ground Floor: Store Area: Staff Room: Office: Staff W.C. and w/basin.

Business Operation

Trading hours:

9.30am - 6.00pm - Mon to Fri (7.00pm Thurs)
10.30am - 5.00pm - Sun

Employees:

2 Full time plus Part timers. WAGES - £100,000 P.A approx