Most superior freehold greeting cards, gifts, slight stationery.
Business for sale
Asking Price:
£475,000
Turnover:
£160,991
Annual profit:
£57,373
Audited accounts:
Yes
Management accounts:
Yes
Business description
This business is located in Kent.We are informed the turnover averages £3,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 53% approx. We are further advised that the sales year ending 31st March, 2007 showed £160,991 with a gross profit of £73,556.
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £475,000 plus STOCK AT VALUATION (£25,000 approx).SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features Large Public Car Park at rear of parade (Pay & Display - Daytime)
Outstanding opportunity to acquire a superbly fitted GIFT SHOP refurbished and newly fitted to a very high standard in August, 2006.
Electric sun blind to -
ATTRACTIVE DOUBLE FRONTED SALES SHOP approx. 750 sq. ft. sales area, fully carpeted, suspended ceiling with concealed lighting (digital daylight lighting). Superbly fitted including 16 4ft greeting card display stands with drawers under, 1 corner greeting card unit, 1 6ft centre double sided greeting card display stand, 5 revolving card display stands, 1 revolving display stand for balloons, slats to walls, attractive wooden counter, electronic cash register etc.
Rear office/stockroom with sink and drainer
Staff w.c.
Staff The business is at present operated by a lady vendor with the assistance of 1 part time manageress plus 5 part time ladies and 1 Saturday girl. It will be appreciated upon inspection that with an active husband and wife team the wage bill could be reduced.
Opening Hours Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING
Accommodation The spacious living accommodation in the form of a SELF CONTAINED FLAT with own front door entrance, all recently redecorated and in good condition comprises:
2 Double Bedrooms
Fully tiled shower room with shower, w.c. and wash hand basin
Large Lounge
Fully Fitted Kitchen
In addition, there is a large loft area and in our opinion there is potential to convert the first floor and large loft area into 1 2 bedroom flat and a self contained 1 bedroom flat, subject to obtaining the necessary planning permission.
As will be appreciated upon inspection there is potential to sub-let the accommodation to provide a rental income if not required for personal occupation.
Outside Large yard providing parking space for 4 cars.
Tenure Uniform Business Rates: £4,700 p.a. approx.
THIS QUALITY GREETING CARD SHOP HAS BEEN IN THE SAME HANDS FOR THE PAST 6 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Reference : C7012
Employee details
Fulltime staff:
0
Parttime staff:
6
