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Busy Market Town Location
Currently Staff Run
Low Rent & No Rates
Option to Include Adjacent Cafe
New Lease to be Negotiated
Well Regarded & Well Used
Ideal for an Owner Operator
Call for Further Details
We are pleased to bring to the market this well presented independent card and gift shop situated in the busy market town of Eye in Suffolk which can be found close to the Norfolk border. An ideal opportunity for someone wishing to run their own small business or as an add onto an existing business venture utilising the staff that are currently in place.
In addition the neighbouring cafe, which shares access over the courtyard, is also available to purchase and the two businesses combined would no doubt benefit each other. A purchaser of both would also be viewed favourably in negotiations to reflect the fact they would be taking both on. Details of the cafe can be found under reference number R34898E.
The business itself
The current owner also operates the neighbouring business and as their focus is predominantly on that they leave, in the main, the gift shop to be be run by staff. The business still generates a profit however and with a full time owner-operator it would of course be expected to achieve far greater levels of turnover and profit.
The shop is very well known for it's fine selection of cards but also as somewhere where a gift for anybody can be purchased. For such a relatively small space every area is used to its maximum potential to provide an extensive range of products to suit all requirements.
All measurements are approximate and for guidance only.
The shop is entered into through imposing double gates off of the high street and via a shared courtyard that the adjoining cafe uses.
Whilst petite the shop is no less perfectly formed and set out. Very well lit with a range of spotlights and feature down lighters as well as windows to the front and side providing a good degree of natural light.
The service counter and till point is well designed so as to allow for further display shelving in front and behind of it. Throughout the shop is a good range of different display units, shelving and cabinets as well as a feature dresser.
To the rear is a small room sectioned off to form a store room however this could be easily removed if wished to provide a larger public display area.
All in all the shop provides an extensive range of items, far greater than one would expect of it's size, and with the healthy turnover that this can generate coupled with the low overheads of the business, this could be a very enjoyable and profitable venture for a new owner.
Tuesday to Saturday, 9:00am to 5:00pm.
Leasehold. A new lease will be granted on terms to be agreed between the parties. A renewable 6 year lease with a 3 year rent review is proposed.
The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease.
We have been informed by the vendor that the business currently enjoys Small Business Rates Relief.
This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
£6,000 per annum is proposed.
Strictly by appointment only, please call our Norwich Office to make an appointment.
Finance may be available to suitable purchasers.
Business to sell?
Let us know as soon as possible! Just ask for a Free no obligation valuation and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.
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1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
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