Card and Gift Shop in Rochester For Sale

Situated in a parade, main road trading position, office and commercial area, KENT ROCHESTER

Turnover £ 2,200
Price £29,500

Features

Greeting Cards, Gift Shop with Helium Balloons

6 DAYS OPENING

DOUBLE FRONTED GROUND FLOOR PREMISES in the region of 720 ft² with ELECTRIC SHUTTERS. Carpet flooring, suspended ceiling with LED light panels.
Sales counter, electric cash register, card racks with drawers under, spinner, display racking, helium balloons,

First floor in the region of 280 ft²

Storeroom

Staff cloakroom with sink and toilet

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,200 p.w. with a gross profit of 57% approx.

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff. We are informed the wage bill averages £450 p.w. approx.

Trading Hours

6 Day week
MONDAY - SATURDAY 9 a.m - 5 p.m

Outside

Bin store to rear
Parking space for 1 car

Tenure

WE HAVE BEEN INFORMED the vendor is trading over. We further understand the private landlord would grant a new 7 years lease or more with a break, at a current rent of £22,000 p.a. plus VAT, under negotiation.

Business Rates from April 2022 £4,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 14,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote