Gift Shops for sale in Cheddar

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Adam Warren (Jan 2017)
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Freehold Price: £195,000 Annual Turnover: £114,500
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Business Description
• RARE FREEHOLD OPPORTUNITY WITHIN THE GORGE
• ARGUABLY OCCUPYING THE BEST LOCATION
• A DETACHED FORMER BUNGALOW WITH PARKING
• ATTRACTIVELY PRESENTED SPACIOUS RETAIL AREA
• FAMILY RUN FOR MORE THAN 20 YEARS
• RETIREMENT SALE

LOCATION:
‘Toadstool’ occupies a stunning location in the very heart of the Cheddar Gorge retail area immediately adjacent to the Cheddar Cheese Company. It really does tick all the boxes.

BUSINESS:
This gift shop, arguably, occupies the best trading position within the Gorge. It has the added benefit of being a detached property, set back from the road with a wide splay to the front elevation and with parking for two vehicles to the side, which is very rare in this location. Furthermore the whole property was entirely re-roofed in 2017.

The business, which is long established, stocks an attractive range of gifts and fancy goods and delivers a good turnover. The retail area is nicely presented, a suspended ceiling with ambient track lighting having been installed in 2016.

Ancillary facilities include a walk-through stock room, a larger room to the rear offering more storage space, a kitchenette and a WC facility.

Freehold opportunities such as this within Cheddar Gorge are very rare and interested parties are urged to move quickly to avoid disappointment.

YEARS ESTABLISHED:
The partners have run a gift shop from the premises for more than 20 years.

TRADE:
Please note that if a business is VAT registered, all figures exclude VAT.
Sales of £116,511 were reported for the year ended 28 February 2017.

More detailed financial information will be made available to interested parties upon completion of a form of confidentiality agreement and following an exchange with Adams & Co as to background, reason for interest, financial position and ability to proceed.

REASON FOR SALE:
Retirement

STAFF:
The business is family run by three ladies, one of whom is an employee.

OPENING HOURS:
Core Hours: 10.00am to 4.30pm daily (later closing in peak season) but weekends only January to Easter each year.

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The property comprises what was originally a detached bungalow under a tiled roof with a single storey kitchen extension to the rear under a flat roof. There are bow-fronted display windows to both the front and one side elevations. To the rear is a small garden area, laid to gravel, and fully enclosed by full height wood panel fencing.

The property is set back from the road with a wide splay to the front elevation providing space for external retail displays if desired.

To one side of the property, and forming part of the freehold title, is an extra-long, single vehicle width, parking bay which accommodates 2 vehicles with ease – this is exceptionally rare in Cheddar Gorge and is a particular feature of the property.

The position, proportions and layout of the property can be appreciated only by a full external and internal inspection which is strongly recommended. The following therefore represents only a very brief summary of the accommodation:

Retail Shop Unit (9.9m at deepest point x 7.4m at widest point):
Broadly L-shaped. Attractive wooden framed entrance door, hinged so that it folds back neatly out of the way when open, with a fixed panel to one side. Retractable sun-canopy over wooden bow-window to the front elevation. Suspended ceiling with directional track lighting. Wooden floor with carpet tiles over. Further wooden bow window to one side elevation alongside a separate wooden entrance door with high level meter box over, with two further fixed pane wooden windows, one to each side elevation. The shop is attractively presented with an eclectic mix of displays including deep, staged wall shelving, purpose made wooden island display units, traditional retail slatted wall panels to part and further freestanding displays and fitted wall shelving throughout. The shop counter, set to one corner, has also been purpose made comprising 3 separate units forming a curved surface with integral glass display cabinets visible from above and from the side. This accommodates a SAM4S electronic till.

The product mix includes leather goods, walking sticks, hats, scarves, umbrellas, cushions, themed pictures, clocks, china, jewellery, charms, some toys and other fancy goods.

Within the retail space a metal door of mixed materials gives access to the ancillary facilities:

Walk-Through Stock Room (3.3m x 2.6m plus alcove space):
Fitted alcove cupboard. UPVC double glazed window to the side elevation. Floor matting. Used as a store room with a combination of fixed and freestanding shelving. An open doorway leads to:

Further Stock Room with Kitchenette (4.47m max x 3.7m max):
Of irregular shape. Metal framed window to the rear elevation with tiled sill. UPVC door to side elevation giving access to small enclosed garden area laid to gravel. Stainless steel sink unit served by electric water heater. Roll edged surface, fitted cupboards under and fitted double wall cupboard over. Carpet tile flooring. Further fixed and freestanding storage shelving. Sliding wooden door to one side to:

WC Facility:
UPVC obscure double glazed window to the side elevation. Low flush WC. Wall mounted ceramic hand wash basin. Part tiled walls. More shelving for storage of stock.

Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

PRIVATE ACCOMMODATION:
(all sizes are approximate & should be considered 'nominal'.)
None

TENURE:
Freehold

ENERGY PERFORMANCE RATING:
Certificate No: 9420-3035-0583-0400-5125 Rating 93 Band D
Tenure: Freehold

Downloadable Documents

Listed by: Adams & Co

Find out more about this business opportunity.

 
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SW1454
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