For Sale

Established Card and Gift Shop

Peterborough, Cambridgeshire

£30,000 +SAV

Ref: B04955

Contact sales negotiator

Jessica Aspinall

01204556307

Email Jessica Aspinall

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Description

Hilton Smythe welcomes to the market Just For You, a card and gift shop that was established in the mid 1990’s and is being sold due to our client having other commitments.

Just For You is a well-stocked gift and card shop, stocking many different lines including TY toys, Yankee Candles and Wildthings Swarovski crystal gifts.

The business also has many stationery lines, costume jewellery plus much more that complement the large selection of cards on offer.

There is a strong local customer base from Yaxley and the surrounding villages, as this is the only shop of its kind that serves the area.

The business has a Facebook profile which is regularly updated offering the new gifts etc that are on offer.

There is scope for development Just For You by considering the following:

• Opening hours
• Continued renewal of lines being sold in the shop
• Introduction of a website
• Further social media coverage

There are many reasons to buy Just For You including:

• Long established business
• No local competition
• Low outgoings
• A turnkey business

Hilton Smythe highly advise early viewing to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold business opportunity with a 10-year lease signed in December 2013

The annual rent is £10,000, which includes the service charge.

Our clients inform us that they do not pay rates.

Hours

The business opening hours:

Monday - Friday: 9am – 5.30pm
Saturday: 9am – 5pm
Sunday: Closed

We have been informed there are no restrictions on the lease with regards to opening hours

Staff

The business is run and managed by our client, with the help of a part time member of staff.

Financial Profile

Just For You generated an advised turnover of circa £106,000 as of the 2018 accounts, with a gross profit of 41% and an adjusted net profit of £20,969

The assets in the business are worth in the region of £3,000

The average stock value is circa £20,000

Location

Just For You is located in Yaxley, Cambridgeshire approximately 4 miles South of the city of Peterborough.

The business is located in the Broadway Shopping Centre, a pedestrianised shopping precinct with unlimited free parking, surrounded by many independent businesses and larger chains.

Due to the location of the shopping centre there is good footfall which comes from Yaxley and the surrounding villages.

Premises

Outside is a covered area with display board and entrance door to the shop.

The main shop area has two aisles divided by a large, central double-sided card stand.

• Balloon/badge stand
• Multiple gift shelving
• Glass gift display
• Card stands
• Woodwick candle stand
• Yankee Candle stand
• Creation Express machine, for personalising gifts and cards on site with a same day service.
• Children’s stationery area
• Stationery area
• Shelving for jigsaws
• Wildthings rotating stand
• Costume jewellery area

The service counter display area has till and card machine, storage below and doorway to the rear lobby way.

The lobby has doors to:

• Store room,
• Kitchen,
• Toilet


At the rear of the building there is direct access to the parking area and shelving for storage and the Creation Express press.

The store room has multiple shelving and safe.

The kitchen has:

• Sink,
• Storage cupboard,
• Fridge and plenty of racking.

The premises were a bank prior to the mid 1990’s and has security bars on the rear windows, high security rear door and shuttered front.

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