Retail premises for sale in Boutport Street, Barnstaple EX31

Retail premises for sale
Interested in this property? Call +44 1204 351867 * or Request Details

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Property description

Please quote reference B05592

**stock included in sale**

Hilton Smythe welcomes to the market, Card and Gift Outlet.

Card and Gift Outlet was founded by the current owners in 2017 The business has been a real labour of love for her. The business is now being sold due to the owners wishes to take a change in direction.

Card and Gift Outlet is an independent, family run business that prides itself on its products, friendly and relaxed atmosphere and exceptional customer service. Offering latest trending styles in gifts and greeting cards for all occasions they offer some amazing brands locally through the retail shop.

Our client also provides personal hand-crafted cards, something that little bit different and uniquely designed.

Card and Gift Outlet, as the name suggests sells an impressive range of products including:

  • Giftware

  • Balloons

  • Greeting cards

  • Wrapping paper and gift bags

  • Soft toys

  • Calendars

  • Keyrings

  • Confectionery

  • Candles

  • Children’s toys

  • Christening gifts

  • Seasonal gifts

The sale will include the company Facebook page and the business enjoys great visibility on the internet with a comprehensive website.

Scope to Improve

  • Advertising and marketing campaign

  • Maximise the use of social media particularly twitter and Instagram

  • Extend the opening hours

  • Introduce email marketing and custom push notifications

Reasons to Buy

A well-established business with an enviable reputation and many regular customers

Prime trading position on a busy main road

All fixtures and fittings included stock

Ideal owner managed or partnership business

Low running costs and no business rates.

Current owner would be happy to offer a handover to ensure the continued success.

A real opportunity to increase turnover, the current owners have been running at a pace to suit due to other business interests.

Hilton Smythe highly advise early viewing to avoid disappointment.

The business is located in the popular town of Barnstable and is ideally placed within the heart of the town, benefiting from being surrounded by a host of complementary businesses resulting in a good level of footfall and passing trade.

Glass fronted, to create a bright & airy feel when entering the premises. The service counter is located to the front of the shop, with epos till system.

Large centre display isles run the full length of the shop with complimentary perimeter shelving & racking to display the fantastic level of stock.

The business is well signed & is easily visible in a prime trading location

Sale includes all fixtures and fitting and all stock in asking price.

We are advised the business is being sold as a Leasehold.

Original lease length: 5 years.

Remaining lease length: 2 years as of 2019.

Review period: 2 1/2 years.

Rent: £7200 per annum.

No Business Rates

The business open:-

Monday to Saturday 9.00am to 4.00pm

Sunday Closed

The business is run and managed by our client with the help of one part time volunteer.

Financial Profile
Card and Gift Outlet generated an advised turnover of circa £24,007 as of the 2018 accounts, with a net profit of £3,579.

Please quote reference B05592

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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