Business for Sale in Hampshire GIFT SHOP

Key Information

Reference

MG035582P

Tenure

Leasehold

Status

Sold

Region

Hampshire

Sector

Gift Shops

Annual Sales

£114,697.00 Exc. VAT

Accommodation

No

Business Information

Destination GIFT SHOP, desirable large SOUTH EAST HAMPSHIRE village, enjoying prime trading position, situated in a famous market square, popular with the both the local resident community in addition to attracting visitors. Surrounded by other popular businesses, benefiting from easy access with an abundance of car parking in the square, assisting with the areas popularity.

Attractive premises forming part of a shopping walk which is host to other popular businesses ensuring good levels of pedestrian foot flow/passing trade. Comprising character retail unit, comprehensively fitted with abundance of display shelving, cabinets and tables, with additional external display cabinets and space for display spinners. Favourable overheads, rent less than £200 per week, zero business rates.

Renowned business, established some 30 years, only 2 owners in this time, retailing cards and gifts for all occasions, the home and individual, top brands stocked, ensures strong following and repeat trade, boosts from visitors. Sales y/e 31.1.23 £114,697 ex Vat, Gross Profit £65,023 (57%), adjusted Net Profits in excess of £50,000 to owner operators, benefits anticipated from new housing developments.

Leasehold £39,995 sav Ref: MG35582P