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BUSINESS REFERENCE : 8027 / RightBiz LEASEHOLD CARD & GIFT SHOP IN SHROPSHIRE | | | | | | Card & Gift Shop Ref: 8027 Newport, Shropshire T/O: £86,000 GP: 30% Very well presented shop in a prime trading area with lots of local and passing trade. | | | BUSINESS LOCATION: | Newport Shropshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Gift Shops | | SALE: | Agent Sale | LEASEHOLD: | £48000 + SAV | ANNUAL RENT: | £9492 | | | | | | | | | | | BUSINESS DETAILS: | Revels Celebration Savers is located in the beautiful town of Newport, near Telford. The shop sits on the busy high street and is complemented by a wide variety of other retailers that draw trade to the area throughout the year. The shop is visible from the high street's busy island, which is used daily by commuters and provides the shop with excellent passing trade and constant advertising potential. Newport has always been a highly desirable business and residential location, due to its beautiful countryside, excellent schools and hospital and wonderful housing. Newport is only 9 miles away from Telford centre and is easily accessable via the M54 motorway, which is aproximately eight miles away.
Bag A Business is delighted to offer for sale this excellent card and gift shop, which was first established by our clients in 2001 and is only now being placed onto the market due to their desire for a lifestyle change. The shop, which is run and managed by our clients, with the assistance of staff, achieves a very respectable annual turnover of £86,000, derived from sales of gifts and cards to both regular and passing customers. The shop also benefits from being completely independent, so the owners can purchase goods from whoever offers the best product at the best price. The business has always enjoyed excellent levels of repeat and new trade from good word of mouth and is referred to by many as the first place to visit for all celebration goods. We feel that this opportunity offers an excellent base for a new owner to build upon and urge early viewing of this charming shop.
FINANCIAL PROFILE
T/O: £86,000 per annum (approx)
GP: 30% (approx)
OPENING HOURS
Monday 9:00am - 5:00 pm
Tuesday 9:00am - 4:00pm
Wednesday 9:00am - 5:00pm
Thursday 9:00am - 5:00pm
Friday 9:00am - 5:00pm
Saturday 9:00am - 4:00pm
Sunday Closed
PROPERTY DETAILS
Single storey shop with glass front, open plan store, rear storage and preparation area:
GROUND FLOOR
Main high street front entrance
Glass fronted building
Open plan shop with 2 aisles featuring product displays on both sides
Well presented wall displays
Front serving counter with till and display areas
Rear storage and staff area
Private preparation / storage with WC and small catering facilities
TENURE
Leasehold
Original lease 3 years
Remaining 3 years
Review every 6 months
Rent £9,492 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8027 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
