Most attractive GIFT SHOP including gifts, greeting cards, quilts, bedding, babywear, soft toys
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx. We are further advised that the sales year ending 31st July, 2007 showed £163,344 with a gross profit of £63,830.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 or near offer plus STOCK AT VALUATION (£50,000/£60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
To the rear of the property are 2 small courtyards. (No rear access)
Tenure
We understand the premises are held on a secure renewable lease having approximately 8 years unexpired at a rental of £16,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.
Uniform Business Rates: £5,000 p.a. approx. + water rates
THIS ATTRACTIVE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 5 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
