Card & Gift Shop in Westerham For Sale

Situated in a parade, excellent main road trading position, residential area, KENT WESTERHAM

Turnover £ 2,400
Price £45,000

Features

Cards and Gifts Shop with Balloons & Stationery

PUBLIC CAR PARK TO REAR

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 950 ft². Heavy duty carpet floor. Suspended ceiling with LED panel lights. Sales counter, cash register, card display stands with drawers, adjustable shelving.

Staff room

Staff toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,400 p.w. with a gross profit of 50% approx.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 9 a.m - 5.30 p.m

Outside

Parking permit for rear car park

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £20,000 p.a.

Business Rates from April 2023 £1,930 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2006 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote