Cards And Gifts Shop In Isle Of Wight For Sale

Business description

Established by the current owners 3 years ago, the business has enjoyed steady growth and expansion ever since. The shop benefits from a main high street location with good rental rates and huge potential for development.

The business retails a large range of greeting cards and gifts priced lower than the full retail price. Our clients have recently introduced a new line of wedding balloons, which have proven extremely popular and scope exists to further expand upon this.

There is huge potential to develop the business further as presently the first floor is utilised as a stock room, this however could be used as an additional retail area to expand the product lines. Recently the shop exterior has undergone renewal and all racking within the shop has also been replaced. The sale presents an ideal opportunity to acquire a thriving and popular business and viewing is highly recommended.

Property information

Property:

Leasehold

Leasehold rent:

£12,500 per annum

Premises details:

The business occupies a large retail unit set over two floors, with the retail area on the ground floor and stock room to the first floor. The retail are comprises of a centre aisle of card racking with additional display shelving and racking on all walls. The prominent shop exterior has recently been refurbished and the landlord is soon to replace the roof. A full CCTV system is installed.