Long Established Stationers In Oxfordshire For Sale

Oxfordshire, UK

Asking Price:: £24,995

Turnover:: £255,732

Net Profit:: £55,000

This is an opportunity to acquire a long established retail concern which has been trading over three decades and is regarded as something of an institution within the town, generating good profits to a full-time working couple.

Key features:
- Long established concern – established 1980’s - owned by our client since 2008
- Genuine reason for sale due to demands of other non-related business interests
- An ‘aladdin’s cave’ of stock lines including a large selection of stationery and art and craft products and materials
- Trading six days Monday to Saturday - closed Sunday
- Run totally under management - ideal business for a working couple
- Net sales 12 months to 31st December 2022£255,732. profits circa £55,000 to a full-time working couple
- Substantial lock-up retail unit within grade II listed property - prominent trading location in an historic Oxfordshire town
- Rear communal car park with three allocated parking spaces
- Leasehold @ £35,000 per annum rental
- Internal inspection recommended - highly confidential sale with all viewings strictly by prior appointment through Business Partnership

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:: On the ground floor: RETAIL SALES SHOP114’ 5” depth x 15’ 6” with narrowing to 13’ width to the rear of the shop and approximating 1,354 sq. ft. overall. Single entrance door. Twin aspect glazed frontage.Front retail area: Carpet tiled flooring. Ceiling mounted fluorescent lighting. Wall mounted adjustable shelving. Equipped for the trade to include: 3 x revolving display units, gift wrap display unit, 3 x greetings card display units, wall mounted slat shelving ‘Express Yourself’ personalised product display unit, ‘Bamboo’ pen display unit, greetings card display unit, range of gondola shelving, wall mounted peg shelving. Mid retail area: Staircase leading to first floor. Trade fixtures fittings and equipment include: Filofax display unit, Moleskine display unit, counter with glazed worksurface, Counter 1 with EPOS Now electronic cash register, Faber Castel display unit, Polit display unit, Schneider display unit, Pentel display unit. Rear Retail Area: Range of adjustable shelving and peg board display units, Montata spray paint display shelving. Counter 2 with Eposann electronic cash register. Humbrol model paint display unit, gondola display unit, Derwent pencil display unit, Arts and Crafts display unit, Goldstone Mount Board display unit, 4 x Claire Fontaine paper display units, Pro-Arte paint brush display unit, Daler & Rowney display unit, Decopatch sheet display unit, Artiste Acrylic Paints display unit, display unit for sewing accessories, pigeon hole shelving for the display of wool, DMC coloured wool display unit, Anchor coloured wool display unit, YKK Zips display unit, Gutterman Thread display unit, Opti Zips display unit, Scanfil thread display unit, Leeds picture hangings accessories, Pony knitting needles display, Sirdar Wool display unit, Anchor thread display unit, Trimits Motifs iron-on and sew on motif display unit, display area for picture frames and mounts, wooden mannequins. Double doors leading to:STOCKROOM23’ 3” x 8’ 5” plus 10’ 6” x 6’ 9”. Wall mounted shelving. Range of metal shelving.On the first floor: STAFF ROOM13’ 4” maximum x 9’ 1”. Single bowl single drainer stainless steel sink unit with cupboard under. Worksurface. Fridgemaster counter top refrigerator. Microwave oven. Cabinet. Open doorway leading to: STOCKROOM 111’ 9” x 6’ 8”. Range of metal and wooden shelving. 12 x staff lockers. STOCK ROOM 214’3” x 10’1”. Exposed wall timbers. Electric heater. OFFICE16’5” x 10’9”. Dimplex electric heater. Exposed wall timbers and ceiling beams.On the second floor:STOCKROOM 117’ 4” x 9’ 11”. Dimplex electric heater. STOCKROOM 217’ 7” x 11’ (both maximums)To the rear of the property is a COMMUNAL CAR PARK with three allocated parking spaces.