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Advert Ref: N916

Leasehold Gift Shop In Gillingham For Sale

  • Gillingham, Kent
Asking price:
£25,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

IMMACULATE PREMISES
PRIME LOCATION
HUGE POTENTIAL
TURNOVER £1000 PWK
ILL HEALTH SALE

LOCATION
These charming premises occupy a prominent location in the centre of the Parkwood shopping centre, being unopposed and serving a vast well populated residential area.

BUSINESS
The business was established by our Clients some 2 years ago and is now only being marketed as a result of ill health. Tremendous potential exists for the introduction of a wider range of trading lines and an e-commerce website. Longer opening hours, especially Mondays would boost trade significantly.

TURNOVER
£1,000 PWK @ 78% G.P.

HOURS
9.00am to 5.00pm Tues to Sat
Closed Sun and Mon

PREMISES
Mid parade premises with double frontage and single entrance to Retail Area: 475 sqft. Totally refurbished throughout in 2017. Air con unit, digital CCTV. All round display shelving and racking, counter, till P.C. Store Room: 248 sqft. W.C. and W/basin. Kitchenette: st/stl sink. OUTSIDE: Yard: Parking: Small storeroom.

TENURE
3 years remaining on original 5 year renewable lease. RENT - £9,000 P.A. Service Charge - £1,500 P.A.

EPC RATING
Band C

BUSINESS RATES
Nil currently payable

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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