Business for sale

Business description

Location This business is located in Gloucestershire.

Turnover We are informed the turnover averages in the region of £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx. We are further advised that the sales year ending December, 2006 showed in the region of £106,000.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £12,500 plus STOCK AT VALUATION (£20,000 approx. optional).SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features Large forecourt providing an area for additional display during the summer months.

Entrance to attractive Sales Shop, approx. 650 sq. ft. sales area with attractive tiled floor. Checkout counter, electronic cash register, display stands, greeting card display stands, shelving, etc.

Stockroom with shelving
Staff Cloakroom with w.c. & wash hand basin

Staff The business is at present staff operated. Staff employed 1 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Opening Hours Winter Months i.e. October - March
9.30 a.m. - 5 p.m. seven days per week

Summer Months i.e. April - October
9 a.m. - 5.30 p.m. seven days per wek

Tenure We understand the premises are held on a secure renewable lease, the present lease having approx. 7 years unexpired at a rental of £19,500 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £6,300 p.a. approx. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A QUALITY GIFT SHOP IN THIS SOUGHT AFTER LOCALITY.

RECOMMENDED FOR EARLY INSPECTION


Reference : M2252