Asking price: £30,000

Sales revenue: £120,000

Net profit: £20,000

Fixtures value: Undisclosed

Stock value: £50,000

Business description
Description:
Arts, crafts and hobbies.( Price includes all stock ..circa £50k)

Premises Details:

Years established: 27 years

Property: Leasehold

Lease terms
The rent is £10,000 per annum payable monthly in advance the current lease expires April 2010 and a new lease will be issued. The obligations are limited to internal repair and the shop window. Rates are £217 per month (10 months).

Location
Situated in a very popular and sought after coastal location, the shop is in a prime position on the town’s high street. The town has a population of around 10,000 which swells by a further 9000 for the tourist season (Butlins draws approx 9000 new visitors each week for 49 weeks per year). This type of business benefits from the fact that the nearest retailer of this type of products is some 20 miles distance.

Reasons for selling
Retirement