Sweets Toys And Gift Shop In Somerset For Sale

Business description

SWEETS, TOYS AND GIFT SHOP - SOMERSET
Relatively new business with huge potential for growth
Annual rent of £10,000 plus vat with rates of £3,000
Early interest and viewing is highly recommended
Town centre location in Weston-Super-Mare
Business to include all fixtures & fittings
Advised annual turnover of £36,877
Ideal husband and wife concern
Retail and on-line sales
High profit margins
Prime location
LEASEHOLD


Business History

Meridian Business Sales are privileged to offer to the market this superb sweet, toy and gift shop. The business has been established since November 2009 when our clients set the business up from scratch. This superb concern is only being offered to the market due to our clients desire to move back to Derby. Our client informs us that the annual turnover for the business is in excess of £36,877. The turnover is derived from 90% retail sales where they sell traditional loose sweets, pic 'n' mix, mugs, gift ware, toys, balloons and banners. The remaining 10% is from on-line sales through their own website and ebay sales. The business is owner operated and requires no staff, they benefit from regular repeat business and because of its seaside location it attracts high levels of tourists. It's in a prominent location benefitting from high levels of footfall and is surrounded by blue chip brand retailers. There are plans to build a new indoor market opposite very soon so its location is one to be desired. During our clients ownership they have invested in new fixtures and fittings which is all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. As the business is still in its early years there is still huge growth to be fulfilled with the rite owner operator. Early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 8 years
Review: 3 years
Rent: £10,000pa

Location:

This superb sweet, toy and gift shop is situated in the coastal town of Weston-super-Mare. Its location is very accessible being just 5 miles from junction 21 of the M5 motorway. It is a great seaside resort with all the traditional seaside attractions, including the famous donkeys. The wide sweep of Weston Bay has miles of clean sandy beach and a level promenade boasting superb views over the Channel, particularly from the 40-metre high Wheel of Weston. There is lovely coastline and countryside to explore, and Cheddar, Glastonbury, Wells, Bristol, Bath and the Mendip and Quantock Hills are all within easy reach. Weston Beach has designated areas for wind and water sports and there are boat trips around Weston Bay and further afield. Undercover attractions include the Grand Pier SeaQuarium, the North Somerset Museum and the world's largest dedicated Helicopter Museum. There is a wide variety of entertainment on at the Playhouse Theatre and the Winter Gardens to suit all ages and an excellent selection of restaurants, cafes, bars and nightclubs. Over the last 3 years the seafront and promenade has been transformed by a major refurbishment and the new Grand Pier which is now open all year round with state of the art rides and a great selection of food and drink.

Premises details:

Parade location in the heart of the town centre in Weston-Super-Mare

GROUND FLOOR
Door leading to main retail shop with sales counter
Sales and display shelves
Central pick 'n' mix unit and display window.

Small room with a sink drainer

Hallway with storage racking and office area

Toilet and wash basin

EXTERNAL
Rear service road for deliveries

Business Operation

Trading hours:

Monday: 9:00am - 5:30pm
Tuesday: 9:00am - 5:30pm
Wednesday: 9:00am - 5:30pm
Thursday: 9:00am - 5:30pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 5:30pm
Sunday: 9:00am - 5:30pm
November, December and January not open Sunday