Business for sale

Business description

Location This business is located in Gloucestershire.


We are informed the turnover averages £2,300 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 38.7%.


TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£32,000 approx. at cost) SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features Attractive and spacious double fronted Sales Shop approx. 800 sq. ft. with Cotswold Stone interior wall, beamed ceiling, well equipped including 8 greeting card display stands with drawers, 3 glass display counters, electronic cash register, display shelving etc.

First Floor
Office plus stockroom

Shared Staff Cloakroom with w.c. and wash hand basin plus kitchen

Staff The business is at present operated by the vendor with the assistance of his wife one day per week.

Opening Hours Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Halfday Wednesday closing at 1 p.m.
NO SUNDAY TRADING

Tenure We understand the premises are held on a secure renewable full repairing and insuring lease from a private landlord having approx. 7½ years unexpired at a rental of £16,001 p.a. exclusive of rates up to February, 2009 with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £4,940 p.a. + water rates

THE BUSINESS OCCUPIES A PRIME TRADING POSITION IN THIS SOUGHT AFTER COTSWOLDS TOWN WITH THE ADVANTAGE OF A PUBLIC CAR CAR AT REAR.

RECOMMENDED FOR EARLY INSPECTION


Reference : M1910