Status: Completed
Tenure: Leasehold
Leasehold Rent: £290 per month
Turnover: £54,000
Delightful Gift and Card Shop for SaleDelightful Gift and Card Shop for SaleDelightful Gift and Card Shop for Sale
£27,700 + SAV

Delightful Gift and Card Shop for Sale

Completed
  • Reference: 1755
  • Location: Wisbech, Cambridgeshire
Hilton Smythe welcomes to the market Country Fayre. This delightful gift and card shop is a real Aladdin's cave for sourcing unique gifts for all special occasions. Originally founded by our client in 2001 the business is very well known and respected in the area resulting in a large loyal client base as well as benefitting from ample passing trade due to the businesses' fantastic location.

This well maintained business is very well stocked with the products artistically arranged throughout the retail area. Merchandise includes soft toys, handbags, jewellery, hand-made greeting cards, pictures and picture frames, scarves and a wide range of unusual gifts.

Country Fayre is a profitable and clearly sustainable business opportunity, an ideal walk in trading opportunity. We believe the business has the potential for even further growth, perhaps by introducing a website and offering on-line sales would pay dividends.

Hilton Smythe recommends early viewing of this superb business within this desirable market town.

TENURE

We are advised leasehold.

The original lease length is 5 years with 1 year remaining on a rolling lease agreement.

Rent is a peppercorn £290 per month.

HOURS

The business opens:-

Monday to Saturday 9.00am - 5.00pm
Sunday closed.

STAFF

The business is owner run and managed with the assistance of 2 part time members of staff. Wages are £600 per annum.

FINANCIAL PROFILE

The business reports turnover at £54,000 with reported gross profit at £24,000.

OTHER

The business is located in the scenic market town and inland port of Wisbech in Cambridgeshire.

Located in the heart of the town centre, Country Fayre is centrally positioned on the bustling Hill Street. The business is surrounded by complimentary retail outlets, and is within close proximity to a free public car park and the main bus station ensuring heavy footfall in the area.

Wisbech lies on the River Nene with a population of circa 31,570, and is easily accessible by road via the A1101. The town is situated in between Peterborough and King's Lynn off the A47.
Mid parade premise briefly comprising:-

Well maintained frontage with good signage and large window display.

Lovely retail area with feature fireplace, wooden shelving, wooden dresser and further shelving around perimeter displaying products, rotating card displays, service counter with till and card terminal.

Rear stock room shelved with kitchenette area.

Toilet facilities.

There is some roadside parking available, however the business is close to a free public car park.