Well established STATIONERS & GIFT SHOP/GREETING CARD SHOP
Price:
Leasehold - £70,000
Business Type:
Retail businesses
Nationwide are pleased to offer to the market : Outstanding opportunity to acquire a well established Stationers catering for retail, commercial and office stationery in this sought after market town.
Car Park nearby (free for the first hour)
Grade II Listed Building
SPACIOUS SINGLE FRONTED SALES SHOP probably in the region of 700/800 sq. ft. carpet tiled floor, suspended ceiling with concealed lighting and well equipped including 14 greeting card display stands with drawers, checkout counter, computer system (on contract system at a cost of £20 per month), till with scanner, Xerox lazer colour photocopier (on lease - optional), HP lazer printer, slats to walls, stationery display shelving.
WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering tremendous potential for further development in the right hands and offering further potential as the business is situated in an explanding area with we understand approximately 400 new houses due to be built in the town. Gross profit 55% approx. We are further advised that the sales year ending 31st August, 2010 showed £132,505 with a gross profit of £73,052.
The vendors own the freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £3,250 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Situated in a parade, sought after market town, LEICESTERSHIRE
Monday - Friday inclusive - 9 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 5 p.m.
NO SUNDAY TR
Staff kitchen, w.c. and wash hand basin
Front room
Second Floor
2 additional rooms
In our opinion the first and second floor could be converted into small living accommodation, if desired.
North Yorkshire
£ 750,000
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