Sold

Long Established & Popular Card & Gift Shop

Sheffield, South Yorkshire

£282,000 +SAV

Ref: B05149

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Description

Hilton Smythe welcomes to the market Cards Cards Cards.
The business has been operated by the current owner for over 40 years in which time it has built up a strong and loyal customer following within the surrounding area and beyond and which now due to retirement this truly rare and exciting opportunity has now become available.
This long-established and popular business stocks a large range of greetings cards, wrapping paper, cuddly toys, and partyware and caters for all occasions and offers the opportunity for a new operator to take the business to the next level.
This is an excellent lifestyle business opportunity and would suit either an established operator looking for an additional site or for and individual or partnership looking to take on a busy and established greetings card shop and to put their own spin on things by developing this popular brand further.
The site is an excellent and much sought-after location and could easily be expanded by tweaking the product offering and developing a stronger on-line presence and ordering facility. The site is being offered to the market as a freehold opportunity which is extremely rare in this location, the shop has additional accommodation to the first floor with a separate entrance and rear parking space currently let out on an AST.
This therefore makes the site and business opportunity extremely versatile and would suit both investors and owner occupiers looking perhaps to change the dynamics of the current business.
A very rare investment opportunity


Tenure

Freehold

We are advised the business and accommodation is being sold as a Freehold opportunity with a guide price of £289,950


Hours

The business is currently operating:
Monday to Friday: 10.30am to 5.00pm 
Saturday: 10.00am to 5.00pm 
Sunday: 11.00am to 4.00pm



Staff

The business is managed by the current vendor with 6 x part time staff


Financial Profile

We are advised the business is currently turning over in the region of £60,000 per annum with excellent growth potential.

The first-floor accommodation is let out on an AST generating £6,000 per annum

There are currently no business rates payable.

Location

Situated on the much sought-after Sharrow Road in Sheffield.
The site is located just a short stroll from Endcliffe Park and Hunters Bar Junior School.
Sharrow Road is a vibrant area full of shops, eateries and small businesses just off the A625 and is easily accessible from all the road network links in the area, on foot and by all modes of transport with plenty of pay and display parking to the front of the site.


Premises

Ground floor retail unit situated on the very popular Sharrow Vale Road.
Entrance through to the main trading area with card holders, shelving, display racks and storage utensils, service counter and till.
Rear store room kitchenette and WC.
Via separate rear entrance is additional accommodation over two floors comprising:
Kitchen
Living Room
Shower room to the first floor
Attic conversion to the top floor which subject to building regulations could be split into two bedrooms.


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