Property Information
Address:
Gifts & Home Accessories Shop - Bognor Regis, 9 London Road, Bognor Regis, West Sussex
, PO21 1PQ
, West Sussex
, United Kingdom
Price: Buy: POA
Size: SOA
Primary Category: Commercial Property
All Categories:
Property Ref/Movehut: MH638628
Property Ref/Agent: 11885
*Please use the agent ref when calling the agent directly.
Property description
Prime trading position in a pedestrianised area of a busy West Sussex coastal town centre. Sales/storage on 2 floors, storage on the top floor.
Proprietors own F/H and are offering a new lease with an annual rent of £40,000pa.
Very busy store with a current T/O of £317,000pa (£380,000 gross) run by 1 F/T & 6 P/T staff with owners help as req.
Net profits range between £56k - £67k p.a before adjustments.
Open daily 9-5.30pm,10-4pm Sun.
Sells cards, gifts, jewellery, handbags, scarves, candles, home furnishings, kitchenware & wall art, etc. Located next to national retailers enjoying ample year-round footfall.
Must be seen to be appreciated.
T/O £317,000pa (£380,000pa Gross)
Rent £40,000
Net profit c.£56,000 p.a
Located next to national retailers
3 floors of sales & storage space
Established 10yrs, well known & regarded
Run by 1 f/t and 6 p/t staff
New e-commerce site, new lease
Vendor is happy to provide a reasonable hand-over period
Brand new lease with flexible terms offered
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