Gifts & Home Accessories Shop – Bognor Regis

0 Sq Ft
£40,000
  • Ref: 11885
  • Type: Crafts, Gifts, Cards, RETAIL
  • Availability: For Sale
  • County: West Sussex
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Property Features

  • Gross T/O of £6-7,000pw.
  • Rent £30,000, with a new lease being offered on favourable terms.
  • Net profit c.£56,000 p.a
  • Located next to national retailers
  • 3 floors of sales & storage space
  • Established 10yrs, well known & regarded
  • Vendor is happy to provide a reasonable hand-over period

Property Summary

Retirement sale of prime trading location in a pedestrianised town centre of a busy West Sussex
coastal town.
Sales on 2 floors, storage on third floor.
Established in 2007, there is steady year round trade from a loyal customer base plus the bonus of tourists
from February through to Christmas.
Proprietors own the freehold and are offering a new lease with an annual rent of £30,000pa.

Very busy store with a gross T/O of £6-7,000pw.
Previously fully staffed; since Covid. Run by owners with 5 P/T staff.
Net profits range between £56k -£67k pa before adjustments.

There is a full EPOS system, extensive website with social media presence and huge potential to build on web
sales.

Open daily 9-5pm and10-4pm Sundays, selling jewellery, gifts, cards, fashion accessories, home furnishings, art, etc.
Located amongst national retailers and enjoying ample year-round footfall there is also a Butlins Holiday Camp in town which substantially increases footfall. The town has a successful parking scheme which brings people into the shop.
Must be seen to be appreciated.