City Business Brokers are pleased to bring to the market this very well-established (over 30 years) Card and Gift Retail shop, which enjoys all the considerable commercial advantages of a highly visible trading position among other complementary outlets on a high street location in the market town of Coleford in Gloucestershire.
Operating from substantial, secure and extremely well-fitted premises with nearby car parking, this independent business currently primarily conducts a popular retail operation of an extensive selection of high-quality brand greeting cards for all occasions displayed to their very best advantage in a bright, spacious and well-appointed showroom area.
The business also stocks an excellent choice of associated gift items, gift bags and wrapping paper and would naturally furnish any enthusiastic purchaser with ample scope for continued growth, not least with regard to still further expansion of the retail products and services currently provided and to operate considerably extended hours in order to fully exploit year-round local retail demand.
The business would also benefit by adopting a more vigorous marketing policy of its excellent existing products, particularly with reference to the possible introduction of online advertising in order to improve upon the already very respectable levels of turnover and profitability it is achieving in the hands of the current proprietor. We would strongly recommend the earliest possible viewing to avoid disappointment.
Note: Stock additional to asking price (circa £6,772)
Financial Information: Current yearly takings in the region of £64,000 per annum with reasonable profit and scope to increase.
Lease: The current lease expires in May 2021. A new lease is available.
Rent: The current rent stands at £8,400 per year.
Business Rates: Currently £1,322.00 per annum
Trading Hours: Monday to Friday 9.00am-5.00pm, Saturday 9.00am-4.00pm. Closed Sunday.
Current lease expires May 2021