Card Shops for sale in Shanklin

View the "Greeting Card and Gift Shop Business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £50,000 Price Reduced
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Business Description
Business transfer and lease assignment of well-established greeting card and gift shop business in excellent trading location on Regent Street, Shanklin. Shanklin is a popular coastal town attracting a large number of visitors in the course of the year.
Located on Regent Street, the main retail area of this seaside town.
The business trades all year with good local trade augmented by visitors to the town during the summer months. The business shows a good turnover and net profit and is very smartly presented. The business is well established and has been in existence since the mid 1970's and run by the present owners for the last two years. Offered is the business transfer and assignment of the remainder of the lease which expires in 2024. Rent £10,000 per annum. Stock at valuation. The main shop is double fronted with recessed door. The main retail area is approximately 40.9 m² (440 ft²) and occupied by card racks and display shelves. There is a stock room to the rear (3.7 m x 3.1 m) with storage racking, WC and sink unit with electric water heater.
Business Rates
Rateable Value £9700 (multiplier 0.467 before any rates relief).
Tenure: Leasehold

Listed by: Hose Rhodes Dickson

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