- Listing ID: 891112
- (Seller ref: M2901)
Attractive Warwickshire Old Established Quality Gift Shop For Sale
- Location:
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- UK
- > England
- > Midlands
- > Warwickshire
- > Warwickshire
- Category:
- Type:
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Summary
- Asking price:
- £49,500
- Turnover:
- £234,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by a lady vendor on a part time basis with the assistance of 1 full time staff, 1 part time staff (3 days per week), 2 additional part time staff (each 10 hours per week). In addition a student is employed to cover staff holidays.
)
Business description
We understand that Stratford-on-Avon is undergoing a terrific promotion to encourage many more visitors. We further understand that a new Theatre for in excess of 1,000 people is due to open in 2010.
SPACIOUS SALES SHOP approx. 800 sq. ft. sales area, fully carpeted. 2 air conditioning units. Spotlighting. 4 free standing glass display cabinets, additional display stands, counter, EPOS scanning system with till.
Stockroom with additional first floor store area
Staff cloakroom with w.c. and wash hand basin
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on a secure renewable lease, the present lease expiring in June, 2013 at a current rental of £33,500 p.a. exclusive of rates. We understand that this could possibly increase to £35,000 p.a. exclusive of rates for the remainder of the term.
Uniform Business Rates: £11,000 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A QUALITY GIFT SHOP IN THIS SOUGHT AFTER POSITION.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
- Location:
- Occupying a corner position, excellent trading position, sought after WARWICKSHIRE
Other information
- Expansion potential:
- WE ARE INFORMED the turnover averages £4,500/£5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st March, 2009 showed £223,796 with a gross profit of £106,495.
- Reasons for selling:
- TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £49,500 plus STOCK AT VALUATION (£32,000 approx). SUBSTANTIAL LOAN TO APPROVED APPLICANT
- Trading hours:
- Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.
Sunday opening - 10 a.m. - 5 p.m.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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- > England
- > Midlands
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- > Warwickshire
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