Hilton Smythe is delighted to welcome to the market this well-established and busy card and gift shop in the town of Wisbech, Cambridgeshire.
The business was originally established in 2000 and has been in our clients’ careful ownership since 2014. Only now is the business being offered to the market due to our clients’ desire for semi-retirement. The business currently operates 6 days per week and generates a turnover in the region of £45,255 per annum, with a gross profit of approximately 49%.
Our clients offer a wide range of cards and gifts including toys, scarfs, handbags, shabby chic home decorations, jewellery, candles and greeting cards, to name a few. The property, which is very well maintained and decorated to a very high standard, was re-fitted out to suit the trade 18 months ago.
The business has built up an enviable reputation within the town for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could also embark on a modest marketing campaign to highlight the goods and services offered. The business would also benefit from the launch of a website to advertise the business, which could incorporate online ordering facilities.
This is an excellent opportunity to acquire a busy card and gift shop in a prime trading location, therefore early viewing must come highly recommended.
Country Fayre occupies substantial ground floor premises ideally located in the scenic market town and inland port of Wisbech in Cambridgeshire. The property is surrounded by a wealth of complimentary shops and business, therefore the card and gift shop benefits from a high volume of footfall and passing trade. The business further benefits from good car parking facilities within the area.
Wisbech is a market town and inland port within the Fens of Cambridgeshire, The River Nene runs through the centre of the town and is spanned by two bridges. According to the 2011 census the town had a residential population of 31,573. Wisbech is the second largest town in Cambridgeshire after St Neots.
The area of the business is well served by the public transport system, with the bus station being just a two minute walk away. The area is also well served by the A-roads, with the property being located very close to the A1101, which links to the national A-road and motorway networks. Peterborough is approximately 21½ miles away and Kings Lynn is 13½ miles away.
Substantial ground floor premises in an ideal trading location, briefly comprising:
Main sales and display area with:
Display stands and cabinets.
Glass display units.
Central tiered display unit.
3 x greeting card carousels.
Slat cladding with hooks.
CCTV with 2 x cameras.
Air conditioning/heater unit.
Serve over counter with electronic cash register and credit/debit card terminal.
Rear stock room, which is fully shelved.
On-street parking to front.
We are advised Leasehold:
Original lease length: 3 years
Remaining lease length as of April 2016: 3 years
Review every: 3 years
Rent: £3,500 per annum
The business is open:
Monday – Saturday: 9.30am – 5.00 pm
The business is owner run and managed with 1 x part time staff member.
The business generates a turnover in the region of £45,255 per annum, with a gross profit of approximately 49%.
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