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Retail / Commercial For Sale
Guide Price £55,000
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High Street, Benson, Wallingford, Oxfordshire
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Available
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A prime village centre High Street store being sold as a going concern selling an extensive selection of quality greetings cards for all occasions together with an excellent choice of party stationery, gift wrapping, gift items and costume jewellery.
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THE BUSINESS:
Derry`s Den is a very well established concern which enjoys all the considerable commercial advantages of prominent and widely unopposed trading position among other complimentary outlets on the busy main central High Street of Benson which is on the outskirts of the historic market town of Wallingford and with excellent road links (A4074, A329, A4130, etc), this very well established concern currently primarily conducts an extremely popular retail operation of an extensive selection of quality greetings cards for all occasions together with an excellent choice of party stationery and gift wrapping paper, etc.
The store also stocks a range of traditional and eco friendly gift items including costume jewellery, scented candles and soft toys and would naturally furnish any enthusiastic purchaser with considerable scope for growth, not least with the introduction of Sunday trading in order to fully exploit year round local demand, and to exploiting all the increased volume of patronage likely to be generated on the completion of several proposed new nearby residential developments. The Benson RAF base is also being expanded.
The business would also benefit by adopting a more vigorous marketing policy of its excellent existing products particularly through its dedicated website in order to improve upon the already high levels of turnover and profitability it has achieved in the course of some twelve years trading in the hands of the current owner with the aid of two part-time assistants and we would strongly recommend the earliest possible viewing to avoid disappointment.
FINANCIAL INFORMATION:
Current turnover in excess of £70,000 per annum with scope to increase. GP circa 47%.
LEASE:
The premises are being offered with the benefit of a secure renewable 3 year lease with reviews every 3 years.
RENT:
The current rent stands at just £5,200 per annum.
BUSINESS RATES:
We are advised that the business rates currently stand at nil due to Government relief.
TRADING HOURS:
Monday - Friday 9am - 5.30pm; Saturday 9am - 5pm; Sunday - Closed.
PROPERTY DESCRIPTION:
Fitted and presented to high trade specifications throughout, these well maintained leasehold terraced parade premises provide excellent accommodation which consists of an inviting double fronted entrance with display window space on two sides directly off the High Street into the main, bright, well appointed and deceptively spacious retail sales and customer service showroom area which houses a full range of modern high quality fitted and free standing display furniture and shelving in addition to various glazed display cabinets, extensive greetings cards racking and a prominent fully equiped display point of sale counter area with electronic till point, etc.
The premises also incorporate a good size main stock room with full complement of storage shelving and basic staff kitchen area with further ancillary accommodation consisting of an additional small general storage room together with all the usual washroom/WC facilities and separate dorway access to the rear.
EXTERNALLY:
Occupying and outstanding trading position adjacent to a free public car park. The premises are well signed and attractively presented.
FIXTURES & FITTINGS:
The business is well fitted throughout and a valuable inventory os equipment is to be included in the sale price.
For further information, visit the business` website at www.derrysden.co.uk
VIEWING AND CONFIDENTIALITY:
All arrangements to view are strictly by an appointment through Griffith & Partners and no approaches should be made to the shop. For an appointment to view, please telephone 01491 612831 or 01491 839939.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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| This is an approximate location - provided for guidance only |
| This is an approximate location - provided for guidance only |
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