Superb Gift Shop West Midlands | | Kingswinford West Midlands | | SUPERB GIFT SHOP - WEST MIDLANDS Early interest and viewing is highly recommended Business to include all fixtures & fittings | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64365
ADVERT IMPRESSIONS : 6,698 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Gift Shops | | SALE: | Agent Sale | LEASEHOLD: | £15,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SUPERB GIFT SHOP - WEST MIDLANDS
Early interest and viewing is highly recommended
Business to include all fixtures & fittings
Vibrant village location in Kingswinford
Ideal for husband and wife partnership
Advised annual turnover of £69,450
Low annual rent of £9,000 plus vat
Genuine sale due to ill health
Scope to add internet sales
Parade location
LEASEHOLD
Location
This superb gift shop is located just off the A491 and main cross roads in the vibrant village of Kingswinford. It sits between Stourbridge (4miles) and Wolverhampton (6miles), it has easy access to the A41, A449 and in close proximity to the M5 motorway. Kingswinford is a suburban area (formerly a large village) in the West Midlands. The current significance is probably in tourism, education and housing. Positioned at the western edge of the West Midlands it borders on a rural area extending past the River Severn, which explains recent changes. But its position at the edge of the Black Country and its long standing in the area means it has had significant influence in the past.
Business History
Meridian Business Sales are delighted to offer to the market this well-appointed gift shop which has been established for 12 years and has been in the careful hands of our client for 9 years. This superb concern is run by our clients and 1 part time member of staff and is regrettably only being offered to the market due to ill health. Since our clients took ownership of the business they have continually invested in high quality fixtures and fittings which are all included within the sale price. They retail a broad range of gifts from photo frames, candles, handbags, evening bags, costume jewellery, scalfs, figurines, money boxes, pottery and watches. They have an excellent level of repeat business as they operate a Christmas savings club. Our client informs us that they have an annual turnover of £69,450 and they believe that there is scope to increase trade by introducing internet sales. Early viewing is highly recommended.
Financial Profile
Turnover: £69,450 pa
Stock approximately £6,000
Tenure
Leasehold
Original length: 9 years
Remaining: 1 year
Rent: £9,000pa + VAT
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 gift shop, parade location on very busy cross roads street briefly comprising;
Ground Floor
Retail shop with display window, sales and display shelves, glass display cabinet and sales counter
Store room with shelving, tea and coffee area and sink drainer
Toilet and wash basin
Stock room with shelving
External
External rear parking for 2 | | | | | | FOR SALE | | | | | REFERENCE: | 2666 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
