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BUSINESS REFERENCE : 7968 / RightBiz LEASEHOLD GIFT & FASHION BUSINESS FOR SALE IN BERKSHIRE | | | | | | Gift & Fashion Business Reading W/T: £4,474 approx. GP: 52% Excellent town centre trading location. Scope to increase turnover. Established client base and passing trade. | | | BUSINESS LOCATION: | Reading Berkshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Gift Shops | | SALE: | Agent Sale | LEASEHOLD: | £50000 | ANNUAL RENT: | £32000 | | | | | | | | | | | BUSINESS DETAILS: | Location
This business is ideally situated in the town centre of Reading. The business is in an area where there is a high pedestrian flow, therefore it enjoys a vast amount of footfall and passing trade. It is sited within the main commercial area of the town with all major outlets nearby.
Business History
Bag A Business is delighted to offer this excellent business opportunity to the market. Our client established the business in 1993 and it is only now being placed onto the market due to other business interests. The business has been described as a Head Shop providing unusual gifts, smoking accessories, t-shirts, novelties, gifts and collectables. In addition to this there is an erotica section. The business is run with the aid of four full time staff with occasional input from our client. It is virtual turn key operation. As the products are unique there is no competition and our client does not need to advertise the concern. There is scope to increase to increase turnover further by a full time working owner, a total revamp of the premises and the introduction of new products. Our client is available for a business familiarisation period if required.
FINANCIAL PROFILE
W/T £4,474 approx
GP: 52%
OPENING HOURS
Mon - Sat 10.00am - 6.00pm
Sun Closed
PROPERTY DETAILS
GROUND FLOOR
Large double glass fronted unit leading to main customer display area
Fully racked and shelved to suit trade
Stairs leading to:-
FIRST FLOOR
Storeroom
Trading floor
SECOND FLOOR
Two store rooms
TENURE
Leasehold
Original length: 3 years.
Remaining length: 1 year
Rent: £32,000 per annum | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 7968 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
