Wonderfully Presented Gifts and Cards Shop Shrewsbury Shropshire
Shrewsbury, Shropshire, West Midlands
Advert ref: 1025NJ
Special Days is a well-established business located in a thriving retail park in an affluent area of Shrewsbury. The site benefits from excellent footfall and free parking and is shared by other businesses, schools, doctor and dentist surgeries, and a Co-Operative supermarket.
Special Days offer customers the convenience of buying everything they need for that special occasion under one roof without having to venture into town. In addition to selling a large selection of cards and gifts, for example, Jellycat, Woodmansterne, POM, Museums & Galleries, they also stock a large selection of helium balloons and party products. With almost 30 years in the same location, the business has a consistent level of profitability and offers a lifestyle with the opportunity to earn a good wage. A full set of accounts is available on request.
The potential for growth is significant, with opportunities to develop the business online through social media and a new website. Extending the opening hours to seven days a week could also increase revenue and customer satisfaction.
Overall, Special Days is an attractive opportunity for anyone looking to own and run a successful business in a convenient location with consistent profitability and potential for growth.
Next steps:
To further your enquiry, please follow the instructions under 'What Do I Do Next?' at the end of these particulars.
Key features:
- Centrally located within a thriving retail park in an affluent part of Shrewsbury
- Well-established business with regular repeat business from satisfied customers
- Excellent footfall sharing a free car park with other businesses
- Adjacent to the Co-op supermarket, school, doctor and dentist surgery
- Massive opportunity to increase sales by developing online shopping
- The introduction of social media advertising & the improvement of the website will accelerate further growth
- Further potential to increase sales by expanding the opening hours
Property Details: Leasehold
Location:
Centrally located in a busy, thriving retail park in an affluent part of Shrewsbury. Conveniently positioned, sharing a free car park with popular amenities such as the school, the doctor and dentist surgery and the Co-Op supermarket. Easy access from the surrounding road network.
Premises Details:
The premises are reasonably sized to service the local community with a diverse product range, selling a large selection of cards and gifts, for example, Jellycat, Woodmansterne, POM, Museums & Galleries - furthermore, they stock a large selection of helium balloons and party products.
The shop also has a storage area at the back with an office, a staff toilet and a small Kitchen area.
The available space provides opportunities to expand the product range to increase sales.
Size in Sq Ft: 400
Lease Terms:
The rent is currently £850 per month. The original term is a 10-year lease with 6 months left. Our understanding is that the landlord, the co-op, will be keen to offer a new 5-year lease with 3 years break clause.
Reason For Selling:
The business owners have decided to seek retirement after 10 years of working in this enjoyable environment and are ready to pass on the opportunity to somebody else.
Financial Details:
The business is easy to run with some consistent profitability, and most of all, it offers a lifestyle with the opportunity to earn a good wage. A full set of accounts will be made available when requested.
Competition:
As far as we know, its the only shop of this type in the area.
Employees: The hours are shared between the two owners
Trading hours:
Mon-Fri 10:00am-5:00pm
Saturday 10:00am-4:00pm
Sunday Closed
Further potential to expand the opening hours
Support & training:
Our client will provide a comprehensive business handover to ensure a smooth ownership transition and trading continuity.
Rates:
The current rateable value of the property is £12,500. The business currently benefits from partial Small Business Rates Relief, and since April 2023, the rates payable have been £600 per annum.
Costs:
Each party will bear their own cost of the transaction.
Fixtures and fittings:
All fixtures and fittings are included in the sale price.
Financial Details
- Leasehold: undisclosed
- Turnover: undisclosed
- Net profit: undisclosed
- Fixtures value: undisclosed
- Stock value: undisclosed