KITCHENWARE, TOILETRIES & GIFTS

SOUTH DEVON SEASIDE TOWN

LOCATION

The business is ideally situated in the middle of the main shopping thoroughfare of the town, overlooking the central lawns and brook. The shop is close to the local post office, and next door to a popular and recently refurbished café. This very popular seaside town has all-year-round local trade boosted in summer by the thousands of tourists staying in the area.

DESCRIPTION

This business is easy to run, selling kitchenware and home accessories as well as handbags, giftware and toiletries. With new signwriting, and a recently re-arranged interior, there is a fresh new look and a spacious and uncluttered feel to the shop. The stock is displayed clearly on shelving and freestanding metal display stands and wall units. The ideal position in the town’s main shopping street allows customer parking outside, with other town centre parking close by. Also, since the beach is only a stone’s throw away, the shop is easy and convenient for holidaymakers and beach-goers.

THE BUSINESS

The shop has been under the present ownership for two years, with a turnover of nearly £99,000 and gross profit of £31,500.

THE PROPERTY

The shop occupies half the ground floor of an attractive white-painted building, with bay window above. It has full-height and full-width glazed shop front with entrance door to the left. At the back of the shop is a door to the STORAGE AREA, with back door to the path outside. Beyond the storage room is a small KITCHEN AREA and staff TOILET.

FIXTURES, FITTINGS AND EQUIPMENT

A full list of fixtures, fittings and equipment will form part of the contract of sale, but will include: the counter with till; all shelving and display stands in the shop; shelving in the storage area.

STOCK

Stock to be sold separately at valuation (SAV). Approx. £6,500

PRICE

£ 22,500 LEASEHOLD for the Goodwill, Fixtures, Fittings & Equipment and the Leasehold interest.

AGENTS COMMENTS

An easy to run business ideal for the first-timer or for someone now wishing to enjoy an easier pace of life in a popular seaside town in the sought-after south west. There is scope to continue developing the ranges stocked, with more upmarket gifts and accessories as well as kitchen and home ware. The ideal location in the main shopping street guarantees a high footfall and allows this business to cater for the year-round local market and take advantage of the busy summer tourist season as well.