Card and Gift Shop for sale –Leominster

Property Details

Card and Gift Shop for sale –Herefordshire  -£49500 + stock.        Retirement Sale !

The Business

This is a very well established concern which enjoys all the considerable commercial advantages of a highly visible and much sought-after trading position among other complementary outlets on a main road/high street location in this much sought after market town

Operating from substantial, secure and extremely well fitted one storey parade premises with close parking, the 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, wrapping paper, Party& Printed Stationary    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.

It is also important to note the shop was a finalist  in  Retas, in the category Best Independent
Greeting Card Retailer – Wales and West Midlands.

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( for hand bags , scarves and jewellery especially) , 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.

Financial Information

Current average weekly takings in the region of £2,500+ with good profits and scope to increase.

Lease

The premises are being offered with the benefit of a flexible lease currently on 3 month rolling contract

Rent

The current rent stands at £8000 per annum.

Business Rates

We are advised that the Business Rates payable currently stand at approximately £3000 per annum

Trading Hours

Monday to Saturday 9.00am to 5.30 pm
Sunday  Closed

v A prime trading position in a well  known  Herefordshire Town – 12000 population
v Stylish shop in Grade II building with cellar storage
v Consistently  levels of turnover and profitability
v Long established reputation and regular customer base   14  years trading history
v High volume of year round passing trade
v Lots of further potential – online selling of bags , scarves and jewellery  …current sale are growing and amount to 35 % of sales
v Ideal opportunity for husband and wife partnership
v New secure lease
v Priced for  genuine sale
v Early viewing essential