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Leasehold Toy Store in Great Malvern Worcestershire Available for Sale

Great Malvern, Worcestershire
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Leasehold Toy Store Located In Malvern Photo 1
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Leasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In MalvernLeasehold Toy Store Located In Malvern
  • Leasehold: £9,950
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

Leasehold Toy Store Located In Malvern

Leasehold Toy Store Located In Malvern
Potential For Alternative Use
Ideal Starter Business
Lifestyle Business
Ref 3218

Asking Price £9,950 plus SAV (£30,000)

Location
This delightful Toy Store is located in historic spa town of Malvern, Worcestershire. Nestled on the eastern slopes of the Malvern Hills, a designated Area of Outstanding Natural Beauty. A range range known for its beautiful landscapes and sweeping views over the Severn Valley and into Wales. The business is situated within a prominent and highly visible trading position on the main Worcester Road. The A449 road runs through the centre of Malvern, connecting it to Worcester and Ledbury. The M5 motorway is accessible at junctions 7 and 8 to the east of Malvern. The M50 motorway, also known as the Ross Spur, to the south is accessed at junction 1 on the A38 road between Tewkesbury and Malvern.

Business Description
Veritas Business Sales are delighted to offer for sale this respected Toy Store which is located in Malvern. The business was established by our client back in April 2017 and moved from Malvern link to these premises in 2020. They are now offering the business for sale so that they can enjoy a well deserved retirement.
A spacious retail space and since ownership they have kept the property in good order and fitted a number of sales & display units along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Heidi’s Treasure Trove is owner operated, comes with no staffing liabilities and has an annual turnover of circa £50,000. They are the only dedicated Toy Store in Malvern retail a high quality range of wooden toys, puzzles, books and games (no electronics or plastic toys). Stockists of brands to include, Steiff, Kaloo, Jonad, Orange Tree, Big Jigs, Inside OutSmart Games and University Games.
We believe that there is further potential to increase trade should you wish by extending the current opening days, building an online store and by expanding the product range. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a turnkey lifestyle business where all the hard work has been done and is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Sunday & Wednesday – closed
Tuesday – 09:00 – 17:00
Thursday – Saturday – 09:00 – 17:00

Leasehold
Original term: 9 years
Remaining: 3 ½ years
Rent: £16,814.04 pa
Rates: zero

Ground Floor
Retail sales area comprising: 2 x display windows, various display units, sales desk and central display.
Second retail area with various display units.
Storeroom with storage unit and high table.
Hallway with fuse board, fire alarm and rear exit door.
Kitchen with sink drainer, worktop and kettle.
Toilet with W/C and wash basin.

Both retail areas have air-conditioning units that also blow hot air when required

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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