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Bookstore And Card Shop In Guisborough For Sale

Price:
Leasehold - £199,950
Turnover:
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Seller Ref:
1240
Location:

Cleveland

Business Type:

Retail businesses, Service Businesses

See Other:
Book shops for sale in Cleveland
Card shops for sale in Cleveland
Other service businesses for sale in Cleveland
Other service businesses for sale in Cleveland
Retail businesses for sale in Cleveland
Service businesses for sale in Cleveland
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this thriving and very well established business that has been in our clients hands for the past 28 years and is only being placed on the market due to retirement. Seldom do businesses of this calibre come to the open market. The current weekly turnover is in the region of £13,200, achieving a gross profit of 40.1%. The business was established in 1981 and fast became the largest independent bookshop within the region. In 1990 a card shop was opened in the town, which has since been added next door to the bookshop. The business is proud of its unrivalled service for the supply of books and gifts, and stocks 30,000 titles, however, they can obtain any of over 2,000,000 titles in print and over the years have built up a reputation for doing just that. The premises are multi fronted with an excellent window display and very spacious and well fitted sales area, allowing clients space to browse. In our opinion this is an ideal family or partnership business that still offers a new owner infinite scope to develop further, with further development of the web site and mail ordering. In our opinion this is a thriving business that must be viewed at you earliest convenience and Preferred Commercial highly recommend this.
Location Details:
Guisborough Bookshop is situated in the picturesque village of Guisborough. The shop is located on the main high street in an unopposed trading position. The store draws its trade from the wealth of clients the business has built up over the years, as well as passing traffic. Guisborough lies on the A171 between Middlesbrough and Whitby and just to the north of the North Yorkshire Moors.
Lease Terms:
Leasehold A new lease will be granted on the 2 properties at a rental of £62,000pa Our client is willing to separate the businesses: Bookshop: £180,000 + SAV Rent: £42,000 per annum Card Shop: £30,000 + SAV Rent: £22,000 per annum
Trading Hours:
Mon to Sat: 9.00am to 5.15pm Sun: Closed
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