Excellent Leasehold Gift Shop & CafÉ | | Oswestry Shropshire | | EXCELLENT LEASEHOLD GIFT SHOP & CAFÉ Combined annual turnover of £175,704 with good gross profit returns Situated in the beautiful market town of Oswestry, Shropshire | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62857
ADVERT IMPRESSIONS : 10,611 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Cafes | | SALE: | Agent Sale | LEASEHOLD: | £135,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT LEASEHOLD GIFT SHOP & CAFÉ
Combined annual turnover of £175,704 with good gross profit returns
Situated in the beautiful market town of Oswestry, Shropshire
Prime location in high footfall area with neighbouring car park
Early interest and viewing is highly advised
Ideal lifestyle change opportunity business
Sale price includes all fixtures and fittings
Ground floor gifts and cards retail space
Very well presented throughout
First floor 30–34 cover cafe
Genuine reason for sale
LEASEHOLD
Location
This excellent leasehold gift shop and cafe is located in the beautiful and highly desirable market town of Oswestry which is in Shropshire. The shop stands proud on the end of one of the town’s main high streets which also couples as a through road. The location is ideal as it neighbours a busy car park and town seating area which always has a good amount of footfall and passing trade throughout the year. Oswestry is a hugely popular business and residential town due to its many historic attractions including, beautiful open countryside, excellent central shopping facilities, fine housing, good schools, NHS services and a welcoming local community. Oswestry is well known as the town where the UK and the Welsh meet as it is the last town in Shropshire before the Welsh boarder. The town also benefits from being highly accessible via the M54 which is less than 30 miles away making UK travelling very easy.
Business History
Meridian Business Sales are delighted to offer for sale this superb opportunity which was first established by our clients in 1986 who are only now placing it onto the market due to their strong desire for retirement. The business which is run and managed by our clients with the assistance of staff achieves a very respectable advised annual turnover of £175,704 which is derived from selling an excellent range of giftware and cards as well as offering a popular hot and cold food menu with complimentary beverages from the first floor cafe. The property is exceptionally well presented throughout with lots of period features offering a wealth of charm and character. Our clients are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal lifestyle change opportunity for an individual or couple who are looking for a long standing and well established business situated in a highly desirable market town. We would like to urge very early interest in this opportunity as businesses of this calibre rarely appear onto the market.
Financial Profile
Combined Turnover: £175,704pa
Pickles & Co Trading Ltd (Café): £58,636pa
Pickles & Co (Gift Shop): £117,068pa
Combined Gross Profit: 127%
Pickles & Co Trading Ltd (Café): 77%
Pickles & Co (Gift Shop): 50%
Stock approximately: £18,800
Tenure
Leasehold
Lease to be negotiated
Opening Hours
Monday: 9:00am - 5:30pm
Tuesday: 9:00am - 5:30pm
Wednesday: 9:00am - 5:30pm
Thursday: 9:00am - 5:30pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 5:30pm
Sunday: Closed
Accommodation
Well presented and appointed end property offering external display and seating space. Ground floor gifts and card displays with serving area, first floor cafe with 2 seating areas, kitchen, toilet and drinks preparation, second floor 2 large storage rooms with shelving and racking. Prime location with neighbouring car park and high street facing front.
GROUND FLOOR
Prime corner location with side and front advertising signs and boards plus double window displays and central secure access door leading to:
Retail and serving area with fitted serving and payment counter with displays, wall fixed shelving displays, several free standing displays and glass cabinet displays.
Hallway area to open plan display area with free standing displays and display table plus stairs access to cafe and side door access to external seating.
Rear large greeting card and wrapping area with several specialist card displays with hangings and wrapping delays plus an ice-cream chest freezer.
FIRST FLOOR
Landing accessing cafe with original wooden beam features.
To the left of café
15-17 covers with fixed seating and traditional tables and chairs, toilet with wash basin.
Kitchen fitted with cupboards, worktops, drawers and units.
Overspill Café
15-17 covers with fixed seating and traditional tables and chairs and entrance serving and drinks preparation area.
SECOND FLOOR
Private areas with landing leading to 2 larger open plan storage rooms with shelving and racking plus staff areas with seating.
EXTERNAL
Side seating area with all weather tables and chairs, plant display area and additional side door entrance.
Note: Also available is an extra downstairs kitchen with coffee machine etc, suitable for expansion and serving customers on the outside square where there is permission for at least 4 tables and chairs. | | | | | | FOR SALE | | | | | REFERENCE: | 2574 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
