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ATTRACTIVE OLD ESTABLISHED ART GALLERY, GREETING CARDS, GIFTS plus PICTURE

Price:
Leasehold - £65,000
Turnover:
Register to view
Seller Ref:
M3525
Location:

Buckinghamshire

Business Type:

Retail businesses

See Other:
Card shops for sale in Buckinghamshire
Art galleries for sale in Buckinghamshire
Gift shops for sale in Buckinghamshire
Antiques shops for sale in Buckinghamshire
Picture framing shops for sale in Buckinghamshire
Retail businesses for sale in Buckinghamshire
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : ATTRACTIVE & SPACIOUS DOUBLE FRONTED SHOP. Gallery area in the region of 650 sq. ft. Quality woodstrip floor, suspended ceiling with concealed lighting, spotlighting on tracks. Well fitted including glass display shelving, counter, electonic cash register, browsers, glass display unit, 6 revolving card racks, jewellery cabinet, recessed display alcoves.

FULLY EQUIPPED WORKSHOP in the region of 426 sq. ft. carpet tiled floor, racking and worktops. Specialist equipment we are advised having a value of approximately £15,000 including Valiani Matt Pro computer controlled mount cutter, air compressor, minigraf pneumatic underpinner, Morso mitre cutter, thermaseal hot bed press and 10 drawer plan chest.

Office
Cloakroom with w.c. and wash hand basin

WE ARE INFORMED the sales year ending 31st May, 2011 showed £124,807 with a gross profit of £78,980. In our opinion the business offers tremendous potential for further development in the right hands.

We understand the premises are held on a lease from a private landlord, the present lease expiring in May, 2015 at a rental of £12,000 p.a. exclusive of rates. We are further advised that the lease is outside the Landlord & Tenant Act.

Uniform Business Rates: £5,698 p.a. approx.

THE BUSINESS HAS BEEN ESTABLISHED BY THE PRESENT OWNER APPROXIMATELY 7 YEARS AGO AND THERE ARE GENUINE FAMILY REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS plus SPECIALIST EQUIPMENT £65,000 plus STOCK AT VALUATION (£28,000 approx). A considerable amount of part cut mouldings, special glass, and mount board has not been included in the stock and will be included at no extra cost.
LOAN POSSIBLE TO AN APPROVED APPLICANT

PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS TO BE BY WAY OF SHARE TRANSFER.
Location Details:
Situated in a parade, excellent trading position, sought after BUCKINGHAMSHIRE LOCALITY
Trading Hours:
Monday - Friday inclusive - 9.30 a.m. - 5.30 p.m.
Saturday opening - 9.30 a.m. - 4.30 p.m.
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