Businesses For Sale, Commercial Property
Location:Situated within the Nags Head Shopping Centre but facing Holloway Road (the premises benefit from return frontage into the shopping centre as well as Holloway Road). This is a busy shopping centre which includes tenants such as M & S Foods, Morrissons Supermarket, Selbys Department Store, Boots the Chemist and various others.
Description:Established business for sale which is trading as a Hallmark greeting card retailer with good turnover and excellent prospects for further expansion. Comprising a lock up shop arranged over ground and 1st floor. The upper part comprises offices, storage, WC's and staff facilities, but could possibly be let separately subject to creating a separate entrance. The business has been trading 20 years and trades 6 days a week, although there is no restriction to opening 7 days a week to further increase the turnover. The premises are offered fully fitted with all fixtures, fittings and equipment plus stock at valuation.
Lease:Held on a Lease expiring December 2017 (December 2012 rent review outstanding). The current rent is £59,000 pa.
Terms:£140,000 sought for the goodwill, fixtures and fittings.
Subject to contract
Property reference: cpjyu7z8qr
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