Most attractive modern GREETING CARDS, GIFTS including Crystal
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WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Approx. 30ft. Frontage to pacious double fronted Sales Shop, carpeted, fluorescent lighting. 7 greeting card display stands with drawers, 4 revolving card stands (including 2 on loan), modern adjustable shelving, attractive display stands, glass display counter, 2 electronic cash registers etc.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by one of the owner's relatives plus additional family help and 1 part time staff.
The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £725 per month, however, we understand that vacant possesion can be given on completion, if required. The accommodation comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units
First floor veranda
Outside
Garage used for storage purposes
2 car parking spaces
Tenure
We understand the premises are held on a secure renewable lease having 18 years from September 2008. We further understand that the rent is currently under review and is anticipated to increase to approx. £22,500 p.a. exclusive of rates up to September, 2013, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £6,000 p.a. approx. + water rates
