Card Shop for sale in Eastbourne

Eastbourne, East Sussex


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, sought after SUSSEX TOWN.

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of artists materials, and in our opinion there is potential for commercial stationery, if desired. In addition in our opinion the business would benefit from establishing a website. We are further advised that the sales year ending 31st March, 2012 showed £148,624 with a gross profit in the region of 42%.

We understand the landlord, subject to satisfactory references is prepared to grant a new 10 years lease at an initial rental of £10,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £2,200 p.a. approx. after small business relief)

THIS MOST ATTRACTIVE BUSINESS WAS ESTABLISHED BY THE PRESENT OWNER APPROXIMATELY 9 YEARS AGO AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive 9 a.m. - 5 p.m.
NO SUNDAY TRADING
The business is also closed on all bank holidays

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £75,000
Tenure : Leasehold
Status: Available
Sectors:
Card Shops
Gift Shops
Stationers
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