Shop for sale

Lombard Street, Stourport-On-Severn, DY13

£15,500

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

NICHE GIFT SHOP - WEST MIDLANDS
Early interest and viewing is highly recommended
Town centre location in the Stourport-on-severn
Rear retail area is sub-let for 40 per week
Advised annual turnover of 39,000
Brand new 7 year lease available
Low rent of 135 per week
Fixtures & fittings included
Genuine reason for sale
Well fitted retail space
LEASEHOLD


Location

This lovely business enjoys a town centre location in desirable Stourport-on-severn. It's surrounded by caravan parks and is just 2 miles from the West Midlands Safari Park so it is fair to say it is a located in a tourist hotspot. Stourport-on-Severn, often shortened to Stourport, is a town and civil parish in the Wyre Forest District of north Worcestershire, England, a few miles to the south of Kidderminster and down stream on the River Severn from Bewdley. Stourport lies on the River Severn and is accessed by the A451 and has close links to the A456 and A449.


Business History

Meridian Business Sales are privileged to offer to the market this niche gift shop. The business was established by our client 6 years ago. This superb concern is only being offered to the market due to our client's commitment to other business interests. During our clients ownership she has continually invested in new fixtures and fittings which are all included within the sale price. The business sells niche one off gifts as well as costume jewellery, handbags, men's gifts, baby gifts and handmade cards. Our client informs us that the annual turnover for the shop is 39,000. The business is owner operated with no staff and is run to suit on relatively short hours. We believe that there is further scope to increase turnover with the introduction of longer hours, possible Internet sales and with a new owner that can give it the commitment it deserves. The rear retail showroom is currently sub-let for 40 per week which helps towards the rent but the space could be utilised if a new owner wished. Early viewing is highly recommended as this business cannot be missed.


Financial Profile

Turnover: 39,000pa
Stock approximately: 8,000


Tenure

Long leasehold


Opening Hours

Monday: 11:00am - 5:00pm
Tuesday: 11:00am - 5:00pm
Wednesday: 11:00am - 5:00pm
Thursday: 11:00am - 5:00pm
Friday: 11:00am - 5:00pm
Saturday: 11:00am - 5:00pm
Sunday: 11:00am - 3:00pm (April - Dec only)


Accommodation

Single storey retail unit

Ground Floor

Retail showroom with display window, retail sales displays, glass display cabinets and sales counter.

Stock room

Kitchen with sink drainer, fitted units and tea and coffee area

2 x toilets and wash basins

2nd retail show room (currently sub-let for 40 per week)

Nearest stations

  • Hartlebury (2.5 mi)
  • Kidderminster (3.3 mi)
  • Blakedown (6.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hartlebury (2.5 mi)
  • Kidderminster (3.3 mi)
  • Blakedown (6.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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