Commercial Property for sale

Silver Street, Cirencester, Gloucestershire, GL7

Guide Price £185,000

Property Description

Commercial information

  • Business for sale

Key features

  • Well known printers and stationery shop
  • Current shop sales average 3,000pw
  • Prime trading location, long trading history
  • Potential for growth and development

Full description

Tenure: Leasehold

DESCRIPTION
This printers and stationery shop has traded at its current location for over 40 years and by the current owners since 2005. Cirencester is a market town in east Gloucestershire, 93 miles west northwest of London.

Cirencester lies on the River Churn, a tributary of the River Thames, and is the largest town in the Cotswold District. It is the home of the Royal Agricultural University, the oldest agricultural college in the English-speaking world founded in 1840.

The business prides itself on excellent customer service and offers its customers a wide selection of stationery, providing everything you would expect from a specialist. The business has over 2,800 lines of stock and a further 30,000 available next working day giving the business the ability to get what its customers wants. A wide selection of stationery for both business and private consumers including filing products, quality pens, printing papers, envelopes, labels, office equipment, print consumables, notebooks, furniture to name but a few.

There is also a thriving and profitable copy and print side to the business offering black & white or full colour printing up to A3+ and 350gsm. They provide document print and bind, laminating, document scanning, wedding stationery, invitations, letterheads, compliments slips, business cards, advertising postcards and flyers and many ad hoc printed products. They also provide a scan to email plus emailed / USB stick document printing service. The business also has access to a commercial printing company that can print almost anything else at very competitive prices.

The business has the potential to grow with development of web sales and further penetration into the lucrative wedding market. The shop has many loyal local business customers with great potential to expand its b2b presence in this buoyant market town. The business is now only being offered to the market due to retirement.

WEEKLY SALES
Currently shop sales average 3,000.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Friday 09:00 - 17:00
Saturday 09:00 - 13:00
Sunday Closed

STAFF
The business is managed by the owners with full/part time staff.

PROPERTY
The business trades from a mid-terraced ground floor lock up premises.

TRADING AREAS
The excellently presented retail area is complete with the required shelving and racking for the sale of the lines it offers. The property also has a washroom / w/c and storage.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 9 year lease which commences with the new owners. The annual rent is 8,250 exclusive (correct as advised on 05/10/16). Rent reviews are at 3 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
A very well established business in a prime trading location with great potential for growth and development; a great opportunity not to be missed and is only offered to the market due to retirement.

More information from this agent

Nearest station

  • Kemble (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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 station

  • Kemble (3.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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.

Disclaimer - Property reference 45033. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.