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Asking price: £220,000
Sales revenue: £623,589
Business description: The premises briefly comprise a substantial Mid Terrace Retail Unit situated in the sought after location of Guisborough Centre. Established for over 30 years, the Business is For Sale as a Going Concern offering a very attractive annual turnover and net profit. Included in the sale of the business is the Card Shop Leasehold Interest situated next door, which is currently Let on a 15-year FRI Lease from 1998 with a passing rent of £22,000 per annum. The First Floor Office space above the Bookshop has a current rental income of £4,200 per annum. The premises are located close to a number of local and National retailers including Boots the Chemist. Offers are invited in the region of £220,000 for both the Bookshop and Card Shop Businesses, including Fixtures and Fittings plus Stock. The Company Accounts can be viewed on request. Option to purchase the Freehold interest for the Bookshop Premises, subject to the business interest being included in the sale.
Years established: 30+
Relocatable: This business can be relocated.
Property : Leasehold
Lease terms: Rental offers are invited based upon £40,000 per annum for the Bookshop and £22,000 per annum for the Card shop, which is currently Let on a 15 year FRI lease from 1998.
Location: Prime location
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