FOR SALE – FANTASTIC SMALL RETAIL BUSINESS IN DERBYSHIRE

 

Castle Cards,

Retailer of Cards, Gifts, Celebration Items and Confectionery in Bolsover, Derbyshire

Location

• Prominent corner site location on the town’s market place, at the very centre of Bolsover
• Bolsover is a town with 11,500 residents, famous for its castle which draws tourists into the area
• Main Chesterfield Road passes the front door
• Free town centre car parks

Store layout

• Ground floor – 34’ long x 15’ wide (max)
• 1^st floor – further retail space, currently being used to store stock; plus a staff kitchen area and toilet
• 2^nd floor – further space which is not currently used
• Outside – communal rear yard shared with adjacent shops

Performance

• 12 months to April 2017: Turnover £65.3k (up 7.5% on the previous year); Gross Profit 63%
• Trading performance has been maintained over the last 6 months
• Nicely profitable, giving a good income for the owner
• Stock: varies seasonally but is normally in the range of £12,000
• Staff: the owner works in the shop 3 days a week – Mon, Tue, 1/2 days on Wed & Thu; 3 great, hardworking staff cover the rest of the days between them
• Trading hours: 9am – 4.30pm Mon, Tue, Thu, Fri; close early afternoon Wed and Sat
• Very loyal customer base

Potential

• Real potential for further growth
• No other competition in the town
• 1^st and 2^nd floors not currently being used

Rent & Rates

• Leasehold, term of 6 years from May 2015
• Rent: currently £624 pcm (incl. VAT) = £7,488 per annum (incl. VAT); payable monthly in advance
• Business rates: £Nil with SBRR
• Rating Authority: Bolsover District Council

Price

• Offers around £27,500 + SAV

The owner is selling the shop to pursue other career opportunities outside of retail. 

If you would like to arrange to view Castle Cards, please get in touch with the owner, Dawn Walker,

on 07803 588520 or dawnwalker67@live.co.uk. Many thanks.