Print And Copy Retailer With Four Bed Home For Sale

Business description

in South Hants between coast and New Forest. Attractive detached freehold premises on 1/4 acre plot with private well-stocked garden. Fully equipped retail area with separate workshops. Owner-operated, no staff trading Mon-Fri 9 til 5. Positive cash-flow with 80% retail 20% commercial.

Property information

Property:

Freehold

Living accommodation:

Accommodation Included

Location:

LOCATION:
This business and property is situated on the sought-after outskirts of New Milton in Hampshire, which has a population of around 23,500 and is adjacent to a magnificent stretch of coastline. It is a lively country town of great charm on the edge of the New Forest on a main road to Lymington, with a wide selection of shops, restaurants and pubs with a mainline train service to Waterloo. The town is home to the Forest Arts Centre and the history of the area can be traced back to the Domesday Book and beyond, with evidence of Roman occupation having been found. The area is made up of predominantly retired people with numerous places to visit, to suit every taste and all ages and therefore generates considerable tourist trade. The town is ideally situated between the commercial and cultural centres of the Bournemouth, Poole and Christchurch conurbation and Southampton. The Bournemouth area has a number of colleges and language schools and consequently, a large student population. The historic cities of Salisbury and Winchester are within easy reach. The Dorset coast and The New Forest offer tourists and residents a wide variety of leisure options.

BUSINESS:
A Print and Copy retail business in South West Hampshire established 25 years ago. It is situated between the popular South coast and New Forest in a mixed, select residential and business area. The business occupies part of an attractive, detached, 3/4 bedroom home on a ¼ acre plot with a private well-stocked rear garden. There is a fully equipped retail area with a separate workshop and paper store below. The business is owner-operated by a husband and wife team with no other staff employed. 80% of sales are generated from retail customers with only 20% from commercial clients resulting in positive cash-flow. Popular services offered include the following:
Plan Printing Typesetting and Design
Printing and Copying Colour Copying
Business stationery Newsletters and Report Binding
Rubber Stamps Self Adhesive labels
Wedding Stationery Laminating and Encapsulation
Colour Leaflets Fax Send and Receive Service

BUSINESS PREMISES:
(all sizes are approximate and should be considered 'nominal'.)
These attractive, deceptively-large, double-fronted premises are divided between business and residential use over three levels. The road-level Customer Reception and retail sales area occupy the right-hand side of the building accessed via a single casement, glazed entrance door to the left hand side of one of two large bay windows which create a light and airy retail space. Stairs from the retail area lead down to the Garden level store-rooms and workshops. At Ground floor level is a fully-equipped kitchen, dining room, lounge and office (potential for fourth bedroom). Stairs lead up to the master bedroom, Bedrooms 2 and 3 and family bathroom. See separate list of room sizes.

RATES:
The rateable value of the business premises is £1,154.40, with rates of £577.20 payable in 2009/10 (which includes Small Business Rate Relief.. The domestic accommodation falls into Band B for council tax purposes.

EQUIPMENT:
Retail Area:
Apple iMac running OSX 10
Xerox Work Centre 24 Colour and B/W copier
Toshiba EStudio 35 B/W copier
IntecCP2000 Digital SRA3 Printer
Priport VT600 A3 Duplicator
Xerox 3030 Plan Printer
Kas Booklet maker
A3 Laminator
Konica PagePro 9100 A3 laser printer

Workshop and Paper Store:
Duplo DC Mini8 A3 Collator
Sofrapli SRA3 Folding machine
SNB1000 Numbering machine
Rotaprint 30/90 SRA3 Printing Press
New Graphic Wizard Numbering Machine
Kimosetter 410 Computer to Plate maker
Apple Mac G3 Computer
2 Rapid 106 Staplers for booklet stitching
Babs Forte 46 Super Guillotine
Renz Wire-O-Bind machine
Rexel Comb binder
A2 Expert 450 Laminating machine
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

TENURE:
The premises are being sold Freehold with vacant possession.

HOURS:
Monday to Friday 09:00 to 17:00
Saturday closed
Sunday closed

STAFF:
The business is operated by a husband and wife team with no other staff employed.

STOCK:
The vendor informs us that the value of the stock is approximately £5,000.

SERVICES:
We understand from the vendor that all main services are connected to the property.

TRADE:
Adams and Co have inspected accounts prepared for the business for the past 3 years. Turnover to 31 August 2008 was £60,792 with gross profits of £43,795 (72%).

PRIVATE ACCOMMODATION:
A comfortable 194 sq ft lounge with bay window creating a light interior
The 78sq ft dining room with a door leading to the kitchen
An office or potentially a 4th Bedroom located on the ground floor
Office/Bed 4 2.7m/ 8'9" x 3.6m/11'11"
Dining Room 3.6m/11'11" x 3.6m/11'11
Kitchen 3.6m/11'10" x 1.9m/ 6'5"
Lounge 4.5m/14'8" x 4.0m/13'3"
Bathroom/WC 1.6m/ 5'4" x 3.6m/12'9
Master Bed 4.7m/15'5" x 2.9m/9'8"
Hall 1.1m/ 3'7" x 6.2m/20'4"

First floor
Bed 2 2.9m/ 9'5" x 3.9m/12'10"
Bed 3 3.8m/12'5" x 3.9m/12.10"

LEGAL FEES:
Vendors and Buyers each to meet their own legal costs.

LOCAL AUTHORITY:
New Forest District Council - 02380 285 819

INTERNET:
Potential buyers wishing to find out more about the surrounding areas are invited to 'search' under 'New Milton', where numerous sites are available or specifically go to 'upmystreet.com' and use the post code 'BH25'

ROOM SIZES

Ground floor

Retail Area 2.8m/ 9'0" x 3.9m/12'9"
Print Studio 3.6m/11'8" x 5.3m/17'1"

Lower ground
Paper Store 2.6m/ 8''7"x 3.3m/10'8"
Print Workshop 4.4m/14'3" x 3.0m/9'9"
WC 2.3m/ 7'9" x 1.0m/3'5"
Plate Process 2.0m/ 6'6" x 1.8m/5'9"
Workshop 1 -
Potters Kiln 1.2m/ 6'6" x 3.7m/12'10"
Workshop 2 -
Wood Turning 3.6m/11'11" x 3.9m/12'8

Garden Workshop 2.3m/ 7'8" x 3.5m/11'7"

Greenhouse

OUTSIDE:
Private mature rear garden with fruit trees, shrubs and a vegetable plot
The Garden Workshop has power and measures 7'8" x 11'7"

GUIDE PRICE:
The vendors are seeking £370,000 plus stock at valuation, for the freehold, business goodwill, fixtures, fittings and equipment, subject to inventory.

VIEWING
If you wish to discuss this business opportunity in greater detail, or arrange an appointment, please call Nick on (023) ---- ----