Buy a business

Gift and Homeware Store With Ecommerce Website

Monmouth, Gwent, Wales

Advert ref: 1122MW

Business Partnership is pleased to have been appointed as sole selling agent in order to seek a purchaser for this very well established business, which was started by our client some 14 years ago, and has only been made available for sale due to pending retirement.

Very attractive gift shop in a fantastic high street position in historic and affluent market town. Offering high quality gifts and home-wares with exclusive lines, the current owners have built a loyal customer base.

With a professional E-commerce website built but currently unused there is great scope to further enhance the sales and profitability.

We strongly urge any seriously interested buyer to view this business at the very earliest opportunity.

Key features:

  • Very Well Established.
  • Prime High Street Location.
  • Highly Profitable.
  • Loyal Customer Base.
  • Excellent supplier database.
  • Fantastic growth potential as currently no Internet sales.
  • Genuine retirement sale.
  • Bespoke Ecommerce website.

Property Details: Leasehold
Asking Price: £49,950 + SAV (Leasehold)
Turnover: £170,000 Annual
Location:

The Business is located at the heart of the high street in the very busy market town of Monmouth.

Premises Details:

The premises are extremely well fitted out and decorated throughout, with high quality specialist shelving and racking, which sympathetically displays and promotes many market leading products, giving the shop an extremely warm and inviting atmosphere.

Lease Terms:
Leasehold - the rental paid currently is £25,000 per annum

The landlords are happy to offer a new lease to any purchaser, with terms to be agreed and subject to references.

Reason For Selling:
Genuine retirement sale

Expansion potential:
The business has a well-constructed e-commerce website already constructed, however the vendors do not currently utilise this.

Trading hours:
Monday - Saturday 9:30 - 17:30

Support & training:
An excellent handover is assured, with full training and instruction offered to any successful purchaser.

Costs:
Each party to be responsible for their own legal and professional fees, but the purchaser should note that they will be responsible for the Landlords reasonable legal costs in connection with the preparation of a new lease.

Fixtures and fittings:
The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time.

Gift and Homeware Store With Ecommerce Website Monmouth, Gwent, Wales

Financial Details

  • Leasehold: £49,950 + SAV
  • Turnover: £170,000 Annual
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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