Attractive Warwickshire Old Established Quality Gift Shop For Sale - Warwickshire, Warwickshire, United Kingdom

Asking price: £49,500

Sales revenue: £234,000

Business description: We understand that Stratford-on-Avon is undergoing a terrific promotion to encourage many more visitors. We further understand that a new Theatre for in excess of 1,000 people is due to open in 2010.SPACIOUS SALES SHOP approx. 800 sq. ft. sales area, fully carpeted. 2 air conditioning units. Spotlighting. 4 free standing glass display cabinets, additional display stands, counter, EPOS scanning system with till.Stockroom with additional first floor store areaStaff cloakroom with w.c. and wash hand basin

Employees: The business is at present operated by a lady vendor on a part time basis with the assistance of 1 full time staff, 1 part time staff (3 days per week), 2 additional part time staff (each 10 hours per week). In addition a student is employed to cover staff holidays.

Trading hours: Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m. Sunday opening - 10 a.m. - 5 p.m.

Property : Leasehold

Lease terms: We understand the premises are held on a secure renewable lease, the present lease expiring in June, 2013 at a current rental of £33,500 p.a. exclusive of rates. We understand that this could possibly increase to £35,000 p.a. exclusive of rates for the remainder of the term. Uniform Business Rates: £11,000 p.a. approx. OUTSTANDING OPPORTUNITY TO ACQUIRE A QUALITY GIFT SHOP IN THIS SOUGHT AFTER POSITION. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED

Location: Occupying a corner position, excellent trading position, sought after WARWICKSHIRE

Expansion potential: WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st March, 2009 showed £223,796 with a gross profit of £106,495.

Reasons for selling: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£32,000 approx). SUBSTANTIAL LOAN TO APPROVED APPLICANT

Financing available? SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.