BUSY ESTABLISHED PROFITABLE GIFT SHOP - Very Popular West Sussex City
Price:
Leasehold - £59,950
Business Type:
Retail businesses
Character premises in 15thC terrace in pedestrianised road in City centre. T/O to February 2011 £183,000pa + with good GPM, open M-Sat 10am-5.30pm, Sun 12-4pm, run by the owner, 2 part-timers and Sat assistant. Good website domain could be expanded. Renewable lease from Cathedral, rent £30,000pa. Established 12 years, sells unusual gifts, jewellery, pottery, candles & cards. Stock approx £20,000 could be adjusted. Profitable business.
The business is situated in the heart of a sought after historic city in West Sussex. It is located next to a prime tourist attraction entrance amongst many other quality retailers including house of Fraser and a wide range of independent outlets. The street itself leads from the railway and bus stations to the city centre and is largely pedestrianised, with the Festival theatre and Pallant gallery also within easy walking distance.
It is the administrative centre for the western half of the county with a population of approximately 25,000 and is within easy reach of other coastal cities including Portsmouth and Brighton thanks to excellent road and rail links.
We understand that the property has the benefit of a renewable lease granted by the Cathedral with 4 years still remaining at a current rent £30,000 per annum with the next review is due in 2013.
Current trading hours are Monday to Friday 10.00am - 5.30pm, Saturday 9.30am - 5.30pm and Sunday 12n
North Yorkshire
£ 750,000
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