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Space 205 - High quailty and cards, gifts and jewellery

Price:
Leasehold - £25,000
Seller Ref:
PAX06731431
Location:

South Yorkshire, Sheffield

Business Type:

Retail businesses

See Other:
Card shops for sale in South Yorkshire
Gift shops for sale in South Yorkshire
Retail businesses for sale in South Yorkshire
Description:
THE BUSINESS:
A beautifully presented, modern and contemporary card and gift shop occupying a quite superb prominent main road shopping centre trading position at the heart of the extremely popular, fashionable and affluent Sheffield suburb of Crookes.

This is a highly reputable and well known business retailing a truly vast selection of specialist cards ranging from the iconic Edward Monkton to locally hand-made bespoke items. There is also a wide range of quality gifts and jewellery that provides the discerning shopper with the opportunity to buy that little something different to all the rest...

Space 205 is trading with only its second owner, having been established in July 2005. It is now being offered for sale due to the current owner being required in another family business more and more - making the keeping of Space 205 an unnecessary luxury.

There is plenty of scope for improvement which the vendor will be delighted to discuss with you.

Crookes is one of Sheffield's most aspirational and conveniently positioned residential and retail areas with hospitals, universities, schools and colleges on the doorstep. Space 205 is directly opposite a Sainsbury's Local and also a Co-operative, in a prime retail site

The premises are spacious and modern, with wooden flooring, modular racking to all walls, and various new display options available. The lighting is all new bright fluorescent, with electric heaters to the walls and ceiling as you walk in. The premises are alarmed and also has a visible two-camera CCTV system (non-recording). The front of the shop is illuminated from the outside by spotlights on a darkness sensor. There is a small store room to the rear, together with a kitchenette and toilet. It has a large cellar.

Current opening hours are 10:00 until 17:30; Monday to Saturday.
Gross Profit is declared at 45% and Accounts are available for the serious enquirer.
Normal weekly taking are £1200 - £1300, on average, with spikes at Christmas, Halloween, Mother's Day, Valentines Day, Father's Day, etc.

Please call the vendor directly on 07811 376582 to make an appointment to view.

Offers are for the Leasehold, goodwill, fixtures and fittings, plus all stock at value.
Lease Terms:
The rent is £2700 per quarter with 5 yearly rent reviews. The Lease is for 15 years, commenced in October 2004.
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