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Advert Details
Hallmark Card Retailer & Café For Sale
(Ref: 1795-2240)
Wiltshire, United Kingdom
Financials
Asking price: £65,000
Sales revenue: £220,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Description:
A rare opportunity to acquire two successful businesses in one location, both business are profitable in their own right and help to support each other in terms of footfall.
On the ground floor there is a successful Independent Greetings Card and Giftware business which has a business partnership with Hallmark Cards to sell a vast range of their products in addition to products from other suppliers.
The Café has circa 40 covers and can be accessed either through the card shop or by a separate entrance.
Premises Details:
Excellent double fronted premises in prime town centre location.
Planning Consent:
A1 retail & A3 mixed.
Years established: many
Property: Leasehold
Lease terms
The business has a 5 year lease ( January 2011) which is fully renewable and with a tenant only break clause. The passing rent is £1650 per month and there is an opportunity to sublet the basement if required.
The landlord would offer a longer lease if required; internal only repair obligations.
Location
The business is situated on the main high street in Warminster, a popular and attractive location which has a bustling high street providing a wide array of independent (and national brand) shops for the local residents and outlying villages. Population is around 17300 (2001 census)
Reasons for selling
Retirement
