Office Shops for sale in Sidmouth

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S Martin (Feb 2013)
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Leasehold Price: £0 Annual Turnover: £25,000
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Business Description
• Stationery, Card and Toy retailer located in Sidmouth, Devon
• Nearby free car park
• Highly visible main road trading location
• Huge scope to improve turnover & profits
• Excellent local reputation
• Fantastic change of lifestyle opportunity
• Good mix of complementary businesses nearby

Falcon Commercial is delighted to offer for sale this popular Stationery, Card, Toy and Travel Goods Retailer. The long established business has been under the proud ownership of our clients since 2005. It is now reluctantly being placed on the market as the vendor wishes to retire. During our clients stewardship the business has built up an excellent reputation for its welcoming atmosphere and good service.

Sidmouth Stationery & Travel Goods enjoys a central main road trading position. Shoppers are attracted to the area by the range of independently owned and multiple businesses. This thriving opportunity is operated as a multifaceted business offering a comprehensive range of greetings cards and gift wrap for all occasions, stationery for the home and office, card making/craft accessories, party items, travel accessories to include guides and maps, puzzles and toys, some household/hardware, souvenirs, gifts and confectionery.
The business has built up an excellent reputation for its welcoming atmosphere and Regular trade is enjoyed from the surrounding residential community together with some passing trade, the premises would suit a variety of retail lines, new owners can continue with the current theme or may wish to introduce other lines

Sidmouth Stationery & Travel goods is run by our clients. The business is run at a pace to suite the owner and generates a turnover in the region of £25,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover by extending the opening hours to include Saturday afternoons and Sundays as well as maybe selling online

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

The Premises
Substantial and well maintained building, benefiting from being in a highly visible position, on one of the main roads that runs into Sidmouth town centre. There are excellent car parking facilities in the nearby free carpark.
The premises are fitted and presented to high trade specifications throughout. The premises were formerly 2 separate retail units but now inter-connect to form 1 large unit albeit still retaining 2 front entrance doors creating highly functional internal business accommodation.
The premises briefly comprise:

Ground Floor
• RETAIL AREA, comprehensively refitted under current ownership to include wood effect flooring, slat boarding to the walls, suspended ceiling incorporating lighting. Offers an abundance of display space via adjustable wall display shelving and free standing double sided display gondolas in addition to numerous display spinners, product display stands and greetings card display units.
• 2 separate STORAGE AREAS which could provide additional retail space if required, back door opens to the rear of the property.
External
• COURTYARD providing pedestrian access to the property
• STORE ROOM
• TOILET

Business Details

Opening Hours
• 9.30am – 5.00pm Monday – Friday
• 9.30am – 1.00pm Saturday
• Closed Sunday & Bank Holidays

Turnover
• £25,000 Per year

Business Rates
Business rates payable: £3,000pa
The rateable value is £9,000 pa. Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Stock
The business stock value is: £40,000 approx. which could be substantially reduced if required.

Staff
The business is run by the proprietor.

EPC
Commercial Energy Performance rating: TBC

Planning
Potential tenants are advised to make their own enquiries to East Devon District Council Planning Telephone 01395 516551 or email csc@eastdevon.gov.uk

Tenure
• Leasehold
• We are advised that a new lease will be offered to suitable applicants. The details are to be agreed. And the commencing rent will be in the region of £10,000 per annum
Tenure: Leasehold

Location Details:

Sidmouth is a well-known town running alongside the beach on the unspoilt coastline is known as The Jurassic Coast and is so designated for the distinction of the geological landform. It forms the 95 miles of coastline from Exmouth in the west to Swanage in the east. The town itself offers good everyday amenities including shops, restaurants, Waitrose supermarket, golf course, cottage hospital, as well as business opportunities. Inland, the unspoilt countryside is designated an Area of Outstanding Natural Beauty and runs up to the Blackdown Hills to the north. The county town of Exeter with its wider range of regional facilities including transport links, University and commercial activities is only 14 miles beyond Sidmouth
Travelling to Sidmouth
BY CAR: Sidmouth is 10 miles from junction 30 of the M5 (follow A 3052) and 9 miles from Honiton (follow A375).
BY COACH: National Express Services from all parts of the country to Exeter. Regular buses from Exeter to Sidmouth.
BY RAIL & BUS SERVICES: Fast trains from London (Waterloo) to Honiton and from the North, the Midlands and London (Paddington) to Exeter St Davids. Frequent bus services connect St. David’s with Exeter bus station from where there is a regular bus service. There is a regular bus service from Honiton railway station except on Sundays. Visitors are advised to consult Stagecoach Devon, telephone 01392 427711 and/or National Rail Enquiries 08457 48 49 50 for details

Leasehold Term: New lease to be arranged

Listed by: Falcon Commercial
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