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Advert Details
Profitable Modern Lock-Up Stationery, Greeting Cards, Arts, Crafts & Gifts For Sale
(Ref: C6621)
Berkshire, Berkshire, United Kingdom
Financials
Asking price: £39,000
Sales revenue: £156,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
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.


