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Key Facts

[Ref: 1141596]

Business For Sale : Quality Gift Shop
Location : 241 Lord Street Southport Merseyside,
Asking Price: Guide Price 39,995

Contact: Jolley & Co

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QUALITY GIFT SHOP

John Duncan's, 241 Lord Street Southport Merseyside, PR8 1NY UK

Business

Location

The business is located at the centre of Southport at the junction of Lord Street and Eastbank Street, next to the Scarisbrick Hotel and opposite the Tourist Information Office. The area benefits from good quality shops, good residential areas and the many visitors to the town for its shops and sea side attractions.

Business History

The Duncan family name has been associated with tobacco and pipes industry since the First World War. The shop was opened in 1987 to market pipes and tobacco together with a range of luxury gift goods and accessories for both ladies and gentlemen. The owner is now seeking to retire.

Business Profile

The sale of a range of luxury gift items including pipes, tabaccos, shaving brush sets, pewterware, ladies compacts and brooches, wriiting implements including 'Waterman Cross' and ' Mont Blanc', leather goods, cards, walking sticks and hunting sticks, flasks, manicure sets, jewellery boxes, cuff links etc.

Financial Profile

The owners have accounts available for the business and will be pleased to discuss all the financial aspects of the business with prospective buyers.

Opening Hours

9:00am - 5:30pm Monday to Saturday. 11:00am - 4:00pm Sunday.

Tenure

Leasehold. Ten year lease from 21 May 2003. Rent 25,000 pa plus VAT. A copy of the lease will be made available for prospective buyers. Leases should always be read, explained and verified by buyers solicitors.

Uniform Business Rates

Sefton Council have verbally provided the following information:- Rateable Value 25,750, Payable 2010/11 10,660.50. Net payment after Transitional Relief 9,377.06.

Accommodation:-

This was well presented at the time of our visit and comprises a double fronted shop with double doors opening into a shop approx. 37.45m (403.12 ft) together with basement office and store areas of approx. 42.64m (459 ft). The main shop benefits from spotlights and fluorescent lighting and air conditioning.

Staffing

One part time owner, one full time and three part time staff.

Fixtures & Fittings

The vendors will be pleased to discuss all the financial aspects of the business with prospective buyers.

Price

39,995 for the goodwill, fixtures and fittings plus SAV.

EPC

Jolley & Co. hold a copy of the EPC.

 
 

[PRFLID:27357] [CMPID:161] [FRMTeID:] [MiUITID:1] [MiID:142297] [PdUITID:1]

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