Card Gift and Stationary Shop in Kent For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Kent.

Turnover £ 4,000
Price £50,000

Features

Well Established Stationery Business with Art Supplies, Cards and Gifts, National Lottery, Printing, Photocopying, Atm and Dhl Processing Point huge Potential To Intorduce Groceries, Tobacco, Vapes and, Subject To Consent, off Licence

Customer parking bays to front.

TRIPLE FRONTED PREMISES, in the region of 1,500 ft², WITH ELECTRIC SHUTTERS, Non-slip industrial vinyl flooring, suspended ceiling with LED lighting.

Sales counter - 2 serving positions, EPOS cash register.

Modern adjustable shelving (including slat wall), display racks, soft drinks fridge, ice cream freezer, display stands for art materials and supplies, lazer printer, etc.

Stock room.

Staff cloakroom with toilet and wash hand basin.

Rear office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 60% approx.

We are advised a the vendor has sublet a small part of the premises and in return the vendor receives £850 pcm

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

DHLPROCESSING POINT £250 per month
UPS PARCEL SERVICES £100 per month approx.
NATIONAL LOTTERY £50 per week approx.
ATM £20 per month
There is potential and local demand to introduce groceries, vapes, tobacco and, subject to Landlord and Local Authority consent, beers, wines and spirits.

Staff

The business is at present operated by the vendor with 1 full time and 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9 a.m. - 5.30 p.m.
SUNDAY 10 a.m. - 2 p.m.

Outside

Designated parking space to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2015 with reviews every 5 years (next review September 2025) at a current rent of £33,000 p.a. (under review)

Business Rates from April 2025 £9,580 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £50,000 plus STOCK AT VALUATION
LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 25,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote