Business for Sale in Telford, Shropshire - GREETINGS CARDS/ GIFTWARE SHOP IN TELFORD - Leasehold: £59,950

Well Fitted & Attractively Presented Shop

c.600 Square Foot Sales Area

Staff Operated

Same Owner Since 2005

Leasehold Price £59,950

Retirement Sale

Description and Trade:

Superbly presented business having a desirable trading location in a busy pedestrianised Shopping Precinct. The trade is that of greetings cards, giftware, stationery etc.

Premises:

The very well fitted and presented Sales Area (over 600 square foot) has a suspended ceiling and carpeted flooring. It is fully fitted with wall shelving, runs of wall and gondola style greetings card display cabinets, glass display cabinets, display spinners, serveover checkout with cash register etc. CCTV is installed.

Internal stairs lead up to a spacious Stock Room/Office/Kitchen Area (overall 11.1m x 5.2m). There are w.c. facilities. There is also a Cellar Storage Area.

Accommodation:

There is no living accommodation.

Comments:

A very well established business, with a prominent trading location, that has been in the present owner’s hands since 2005. It is staff operated so there is obvious scope for an owner/ operator. We are informed that it is the only greetings card shop in the town..

Our Client Informs Us That:

Takings and Profitability:

Turnover is around £128,000 per annum with the usual high gross margins associated with the trade.

Trading Hours:

9.00am – 5.00pm Monday to Friday

8.30am – 4.30pm Saturday

Closed Sunday

Staff:

The business operates with two part time staff.

Tenure:

Leasehold. Held on a renewable six-year lease from January 2018, with 3 yearly review and break clause, at a present rent of £8,500 per annum.

Price:

£59,950 plus stock at valuation for the lease, business, fixtures and fittings.