Shop for sale

Tenure: Leasehold

Location
Flawless Designs is ideally located in the centre of a busy industrial estate in Stirling, Scotland. The business occupies a monopoly trading location with no similar concerns in the area. The trading estate is located close to the centre of Stirling, an affluent and historic city. The area is easily accessible with the trading estate located just off the A9 and close to Stirling Castle. The city boasts easy access with junction 10 of the M9 motorway, which is just 2 miles away. There is good motorway access to both Glasgow and Edinburgh.

Business History
Preferred Commercial is delighted to offer for sale this popular craft supplies retailer, which was established by our client in 2003 and which is only now being placed on the market due to family commitments. The business generated a turnover of £57,263 with a gross profit of 50% for 12 month period to Oct 2011. Turnover was down on previous years due mainly to the business not trading for 8 weeks because of severe winter weather and business relocation (within same industrial estate). There is huge scope to increase turnover by further developing the web site with e-commerce facilities, opening Mondays and Sundays and perhaps on an evening for night classes. Flawless Designs are main suppliers of several brands including Docrafts, Kars NI, Personal Impressions, Groves & Banks and West Design. Various classes and demonstrations are offered with a full calendar available on the web site. The business boasts an enviable reputation and has won Best Independent Craft Retailer for Scotland and was the winner of the British Craft Award for the whole of the UK. We feel that this represents an ideal opportunity to acquire a thriving business in a growing sector, with immense scope for further growth. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £57,263 approx. (44 weeks trading)
GP: 50%

Opening Hours
Mon: Closed
Tues - Sat: 10.00am - 5.00pm
Sun: Closed

Accommodation Details
Situated within an industrial unit with a large shop floor and classroom. Briefly comprising:

Ground Floor
• Main sales and display area fitted to suit trade with retail counter and cash register, displays of various craft supplies including card making, scrapbooking, jewellery making, artist supplies etc. Archway to classroom.
• Classroom with sink and tables and chairs for up to 10 persons.
• Communal WC facilities in main building.

External
• Ample parking on-site

Tenure
Leasehold
Rolling lease
Rent: £5,100 per annum
including service charges