Card And Gift Shop – Walsall

Nov 9, 2020

£ 25,000.00

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  • Sales Revenue:
    £ 140,400.00
  • Net profit:
    50000
  • Location:
    West Midlands
  • Sector:
    Retail

Description

Established profitable business for 22 years (16 years with present owner) Excellent Ground floor location Takings average £2700 per week Sale due to pending retirement.

Property Information

  • Property: Leasehold
  • Lease Terms: The vendor advises the six year lease is renewable in 2021. Current rent is £12,980 per annum plus vat and plus service charge of approx £7,500 per annum.
  • Energy Performance Rating: B
  • Business Location: In a delightful shopping mall on the ground floor of the converted church – The Crossing at St Paul’s in Darwall street Walsall
  • Leasehold rent: £12,980

Other Information

  • Furniture / Fixtures value: Undisclosed
  • Inventory / Stock value: Undisclosed
  • Reasons for selling: Pending retirement
  • Years established: 22
  • Employees: 1 F/T working owner supported by 2 P/T
  • Trading hours: Monday to Saturday 9am – 5.30pm

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