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BUSINESS REFERENCE : 8112 / RightBiz LEASEHOLD GIFT SHOP/ FANCY GOODS FOR SALE IN CUMBRIA | | | | | | Gift Shop/Fancy Goods. Carlisle, Cumbria. W/T: £1,962 approx. GP: 48%. Excellent trading location. Loyal customer base. High volume of daily footfall. Situated within a arcade. | | | BUSINESS LOCATION: | Carlisle Cumbria UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Gift Shops | | SALE: | Agent Sale | LEASEHOLD: | £29,950 + SAV | ANNUAL RENT: | £15496 | | | | | | | | | | | BUSINESS DETAILS: | Location
Present Days occupies a highly prominent trading position in the shopping arcade within the historic City of Carlisle. The business occupies two units, which ensures excellent visibility and with three large display windows that overlook the entrance of the arcade. Visitors to the arcade enter off Scotch Street, which is one of the main high streets of the city. This area of Carlisle is renowned for its choice of shopping facilities, including Debenhams, which is directly opposite the arcade. Footfall within the area is consistently high. There are several car parks in close proximity and the main bus station is directly behind the arcade.
Business History
Bag A Business is delighted to offer to the market this highly regarded specialist giftware retail business. The impressive business is arranged over two units and would allow any purchaser the ability to walk in and continue trading. The business was established by our client in 1996. Only now is the business offered to the market due to our clients' wish to retire. Our client has a wealth of experience within the trade, which has resulted in the business being one of Cumbria's leading brand stockists with many ranges not seen in other stores. The shop comes equipped with over ten free standing glass display units, a range of fixed wall shelving, stand alone display cabinets, two desks and jewellery stands. Both units benefit from attractive halogen lighting throughout. There is access to the first floor stock room in both units via a traditional wrought iron staircase, which adds to the elegance of this enchanting shop. Currently the business is run at a pace to suit our client. Currently the weekly turnover is approximately £2,000, achieving a healthy gross profit of approximately 48%. Early discussions with Bag A Business must come highly recommended.
FINANCIAL PROFILE
W/T: £2,000 approx
GP: 48% approx
OPENING HOURS
Mon - Sat: 9.00am - 4.30pm
PROPERTY DETAILS
Two shop units within a shopping arcade, both with traditional wooden framed exteriors. The arcade benefits from excellent security when closed, including CCTV and security bollards to the entrance, briefly comprising:
UNIT 1
Double galss cabinet used for trinkets and NAO giftware
Hexagon cabinet for glassware including 'Kumbuko' range
Unit for 'Dungeons & Dragons' range
Unit for 'Gleneagles' and 'Silware'
Unit for Border Fine Arts
Unit for attractive photo frames
Hexagon unit
Jewellery stand
Four wooden shelves to rear wall
Access to wrought iron spiral staircase
Designated management area with period desk, cash register, telephone and fax machine
Doorway leading to unit 2
UNIT 2
Circular cabinet containing 'Cherished Teddies' range
Greeting card stand
Unit with 'Piggin' and 'Me-To-You' range
Central display unit with 'Beatrix Potter' and 'Willow Tree' ranges
Service desk/bureau for storage and displays
Stand alone shelving unit for baby silverware and giftware
Five wooden shelves to with unrivaled range of 'Ainsley'
Access to first floor stockroom via spiral staircase
FIRST FLOOR
Two fully shelved storerooms
TENURE
Leasehold
Original length: 5 years
Remaining length: 6 months
Review every: 5 years
Rent: £298 per week
New terms to be agreed | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8112 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
