Leasehold Gift Shop In Bournemouth Dorset For Sale

Business description

Bag a Business is delighted to offer for sale Mu Mu. Established in 1999, it has been in our client's careful ownership since 2006. Mu Mu trades as a gift shop, supplying the more unusual gifts, and prides itself on quality gifts at affordable prices. Mu Mu offers a comprehensive range, including greeting cards, crockery, cookware, photo frames, sterling silver, photo albums, paintings, clocks, mirrors and tables, and has exclusivity for Kaloo baby gifts and Nomination Italian jewellery. Our clients have an extensive customer base with a high degree of repeat business. Annual turnover is £105,550 producing 48% gross profit and there is ample scope for new owners to increase trade through proactive marketing and the introduction of new lines. This is wonderful opportunity to acquire a well established business that occupies a prime trading position and would urge early discussions with Bag a Business.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original lease length: 15 years
Remaining lease length: 6 years
Review every 3 years
Rent: £15,500 per annum

Living accommodation:

ACCOMMODATION DETAILS A highly attractive double-fronted ground floor lock-up shop benefiting from an awning to the front, a dedicated parking space to rear and a dry cellar. GROUND FLOOR Main shop area with wooden shelves to 2 walls, central wooden display, 4 glass illuminated jewellery display cabinets and a wooden serving counter housing electronic cash register. Toilet Office area Rear store room with kitchen area and door to rear car parking space. Stairs to dry cellar, carpeted and partitioned into 1 main room and 3 smaller rooms, fire escape. EXTERNAL Dedicated parking space to rear

Location:

Mu Mu occupies a highly visible position on the one way system in the centre of Westbourne's busy shopping area. Westbourne is one of the most sought after suburbs of Bournemouth and enjoys many national chains of shops including Starbucks, M&S Food and with a Pizza Express just about to open directly opposite Mu Mu. There are also several large companies in the area, including the Head Office for LV insurance and Barclays Wealth. Bournemouth's main town centre is just 1 mile away, with Poole being just 4 miles. Transport links are excellent with Mu Mu being on the main bus route, Bournemouth railway station is also easily accessible.