Most attractive and profitable HOME INTERIORS, FURNITURE, GIFTS, GREETING CARDS
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Shop No. 1.
WE ARE INFORMED the turnover of this particular shop is in the region of £2,800 p.w. in our opinion offering tremendous potential for further increase in the right hands.
Shop No. 2.
WE ARE INFORMED the turnover is in the region of £2,200 p.w. in our opinion offering further potential to increase in the right hands.
Price
TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS £69,950 plus STOCK AT VALUATION (combined stock for the 2 shops in the region of £55,000)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire an attractive Home Interior & Gifts Business with the advantage of an additional branch situated in Marlborough, Wiltshire.
Shop No 1.
Situated in a modern parade, main road trading position, CIRENCESTER, comprising SINGLE FRONTED SALES SHOP 750/800 sq. ft. carpeted floor.
Stockroom
Staff cloakroom with w.c. and wash hand basin
Shop No. 2.
Situated in a sought after High Street position approx. 25 miles from the main business, MARLBOROUGH, WILTSHIRE.
SINGLE FRONTED SALES SHOP with woodstrip floor, approx. 500 sq. ft. sales area.
Stairs to basement providing an additional display area of approx. 500 sq. ft.
Staff
Shop No. 1.
The business is at present operated by the vendor with the assistance of 2 part time staff.
Shop No. 2.
The business is at present staff operated. Staff employed 1 full time and 1 part time staff.
Opening
Hours
Shop No. 1.
Monday - Friday inclusive - 9.30 a.m. - 5 p.m.
Saturday opening - 9.30 a.m. - 5.30 p.m.
NO SUNDAY TRADING (with the exception of the December period, when the shop is open on Sunday)
Shop No. 1.
Yard at rear providing parking space for 2 cars
Tenure
Shop No. 1.
We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired at a rental of £15,000 p.a. exclusive of rates.
Uniform Business Rates: £4,000 p.a. approx.
Shop No. 2.
We understand the premises are held on a secure renewable lease for a period of 5 years from September, 2005 at a rental of £15,000 p.a. plus VAT.
OUTSTANDING OPPORTUNITY TO ACQUIRE 2 SHOPS WITH A COMBINED TURNOVER IN THE REGION OF £5,000 P.W. IN OUR OPINION OFFERING TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS. WE UNDERSTAND THE GROSS PROFIT IS IN THE REGION OF 45%.
