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For sale
Property Details
This is a very well-established 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 Cinderford in Gloucestershire.
Operating from substantial and well-fitted corner premises, 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, wrapping paper and party banners and would furnish any enthusiastic purchaser with ample scope for continued growth, not least with regard to further expansion of the retail products and services currently provided and to operate extended hours in order to fully exploit year-round local retail demand.
The business would also benefit by adopting a vigorous marketing policy of its excellent products, particularly with reference to the introduction of online advertising in order to improve upon the already respectable levels of turnover and profitability. We would strongly recommend the earliest possible viewing to avoid disappointment.
Note: Stock additional to asking price (circa £25,000)
Financial Information: Current yearly takings in the region of £129,856 per annum with reasonable profit and scope to increase.
Lease: The current lease expires in May 2025. A new lease is available.
Rent: The current rent stands at £18,720 per year.
Business Rates: Currently £2,931 per annum
Trading Hours: Monday to Friday 9.00am-5.00pm, Saturday 9.00am-4.00pm. Closed Sunday.
Tenure: Leasehold
Leasehold Term: Current lease expires May 2025
All the above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information
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