Profitable Modern Lock-Up Stationery, Greeting Cards, Arts, Crafts & Gifts For Sale - Berkshire, Berkshire, United Kingdom

Asking price: £39,000

Sales revenue: £156,000

Business description: Impressive double fronted Sales Shop approx. 900 sq. ft. sales area with new carpet tiled floor. 9 greeting card display stands with drawers, modern adjustable shelving, slat strips to walls, counter, 2 electronic cash registers, fax machine, photocopier (on loan) etc.Staff cloakroom with w.c. and wash hand basin

Employees: We understand the business is operated by 2 partners and no staff are employed.

Trading hours: Monday - Saturday inclusive - 9 a.m. - 5.30 p.m. NO SUNDAY TRADING

Property : Leasehold

Lease terms: We understand the premises are held on a secure renewable lease having approx. 7½ years unexpired at a rental of £25,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter. Uniform Business Rates: £6,900 p.a. approx. + water rates (metered) RECOMMENDED FOR EARLY INSPECTION

Location: Situated in a parade, main shopping area, sought after locality, BERKSHIRE.

Expansion potential: WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 55% approx. We are further advised that the sales year ending December, 2005 showed in the region of £180,000 inclusive of VAT.

Reasons for selling: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,000 plus STOCK AT VALUATION (£24,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available? SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.