Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Long Established Stationers & Arts/crafts Retailer In Thame For Sale

Thame, Oxfordshire, UK
Asking Price:
£24,995
Turnover:
£257,000
Net Profit:
Undisclosed

We are delighted to present a rare opportunity to acquire a highly regarded and well-established stationery and arts retail business in Thame, Oxfordshire. This cherished business has been under the same ownership since 2008 and is now available for sale as the current owner seeks to pursue other business interests further afield.

Key features:
- Prime location
- Versatile product range
- Well established
- Turnkey operation
- Allocated parking
- Expansion potential
- Substantial lock-up retail unit
- Alternative use potential, suitable for other retail purposes

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a fully repairing and insuring lease for a period of 20 years from 2008 at current passing rent of £35,000 per annum, exclusive business rates. Alternatively, the landlord has confirmed their willingness to grant a new lease to the purchaser of the business commencing at the same rental.

Subject to the status of the assignee, the landlord may request a rent deposit equivalent to three or six months annual rental to be held for the duration of the lease. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:

Prime location in centre of affluent and historic town.

Premises Details:

Substantial lock up retail unit occupying a Grade II Listed building.

Size in square feet:
3,003

Business Operation

Reasons for selling:

Genuine reason for sale due to demands of other non-related business interests.

Years established:
40+