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£0 £1000000

Long Established Card and Gift Shop

Oldham, Greater Manchester

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£19,950 +SAV

Ref: 13396 D

Leasehold

Overview

Hilton Smythe welcomes to the market Cards ‘R’ Us. Established by our client over 10 years ago, the business is very well known in the area and sees a high level of repeat trade and further benefits from passing trade due to its superb trading location. The store holds a vast array of stock, clearly displayed throughout with products including greeting cards, novelty and seasonal gifts, mugs, the very poplar range of Yankee candles and accessories, figurines, wrapping paper and boxes. The store is a Willow Tree Stockist. According to the 2015 accounts the business reported a generous turnover of £85,000 with gross profit at 50%. Early viewing of this long-established business is highly recommended with the business coming to the market due to our client’s ill health.

Turnover
According to the 2015 accounts the business reported a generous turnover of £85,000 with gross profit at 50%.

The business is owner run and managed with the assistance of 1 part time member of staff.

The business opens: - Monday: 10.00am – 4.00pmTuesday: 10.00am – 5.00pmWednesday: 10.00am – 4.00pmThursday: 10.00am – 5.00pmFriday: 10.00am – 4.00pmSaturday: 10.00am – 4.00pmSunday: Closed

The business is located in the historic town of Royton, nr Oldham in Greater Manchester. Cards ‘R’ Us occupies a prominent trading position amongst a busy retail parade within the vibrant the town centre with a high and constant footfall. The business is located on the arterial A671, a central commuter road between Rochdale to the north and Oldham to the south. The area has excellent public transport links with bus services running daily and a bus stop conveniently facing the business. The area is connected to the motorway network from the M60 and A627.

Mid parade premise briefly comprising: - Good signage and large window display to front. Retail area with serving counter, ample adjustable perimeter wall shelving and display units, central card displays, mug display, Yankee candle display and novelty gift display. Rear shelved store room and staff toilet.

Tenure
We are advised leasehold.As of 2016, The lease length is 5 yearsRent is £952.43 per calendar month

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