Status: Completed
Tenure: Leasehold
Leasehold Rent: £2,100 per quarter
Turnover: £40,794
Busy Card Shop in Town Centre Location For SaleBusy Card Shop in Town Centre Location For SaleBusy Card Shop in Town Centre Location For Sale
£25,000 + SAV

Busy Card Shop in Town Centre Location For Sale

Completed
  • Reference: 1713
  • Location: Telford, Shropshire
We are advised the asking price includes all stock

Hilton Smythe welcomes to the market Best Wishes Card Shop. Established by our clients in 1998 this popular card shop is well supported by the local community with much repeat trade and ample passing trade due to its location facing a large supermarket.

This modern store is fully fitted to suit the trade with ample shelving and racking. Best Wishes Card Shop is very well stocked with a large range of greeting cards for every occasion, gifts, wrapping paper, balloons, cuddly toys and party goods.

We believe this busy store has the potential to expand, perhaps by increasing the gift products in stock or introduce additional lines such as fancy chocolates to generate additional income. We feel the business would also benefit from extended opening hours, in particular taking advantage of Sunday trade and further promote awareness of the business through a marketing campaign.

This is an easy to run walk in trading opportunity producing good turnover, with low overheads, and genuinely comes to the market as our clients look towards a well deserved retirement an ideal purchase for a younger person to take over the helm of this popular business.

TENURE

We are advised leasehold.

The original lease length is 10 years with 7 years remaining. Rent is £2100 per quarter.

HOURS

The business opens:-

Monday and Tuesday 9.00am - 5.00pm
Wednesday 9.00am - 1.00pm
Thursday to Saturday 9.00am - 5.00pm
Sunday closed

STAFF

The business is owner run and managed by a successful husband and wife team.

FINANCIAL PROFILE

The business reports a good turnover of £40,794 per annum with gross profit at 60%.
The business is located in the town of Madeley, located within the southern part of the new town of Telford in the lovely county of Shropshire.

Ideally located in the town centre within a new pedestrianised shopping parade constructed in 2010. The business is in a prime location facing a large Tesco store, ensuring heavy footfall throughout the day. Conveniently there is a large free car park and bus stop in close proximity.

Historically Madeley was a coal mining town and the famous Iron Bridge Gorge falls within the parish of Madeley with a population of approximately 17,900. The B4373 runs through the town, and the A4169 runs along the northern edge providing good road links. The nearest railway station is Telford Central around 5 miles from the town with a network of busses running though the town centre and out to surrounding villages.
Double fronted modern mid parade premise briefly comprising:-

Ground floor open plan retail sales area, carpeted throughout, diffused lighting, only built in 2010 so all fixtures and fittings are like new,. Shelving and racking to perimeter walls to suit trade, 2 aisles, 2 wrap displays, soft toy selection, picture frame display, 6 glass display units, giftware area, L shaped counter server with ecr.

There is an office to the rear.

To the first floor is a large store room with same floor space as ground floor. Toilet facilities and kitchen area.