Retail premises to let in Hbb Cards, High Street, Newport Pagnell MK16, £12,000 pa

12,000.00 per month

Offer Nr.:
66129704
Type of ad:
to Rent
Property type:
Retail premises to let
Contact name:
Venture Commercial
Phone(s):
01582 955311

Venture Commercial are pleased to present hbb Cards, an award winning (having
won the prestigeous Retas Award in 2022) card and gift shop conveniently
situated on the busy High Street in Newport Pagnell. This represents a
fantastic opportunity to lease a property with an operating business that is
also available for sale.
The shop is immaculately presented and exceptionally well fitted out by the
current occupier and business owner, with all the storage and display areas
that you'd expect; boasting an impressive large, glazed front window,
providing an ideal space for eye - catching displays to attract passing trade.
Situated in a modern building forming part of a vibrant parade of shops on the
popular High Street in Newport Pagnell, this property benefits from a prime
location with a wide selection of local shops and amenities in close
proximity. Excellent public transport links ensure convenient access for both
customers and staff.
The property offers approximately 600 sq ft of floor space, providing ample
room for various business operations. It is classified as Class E, allowing
for a wide range of commercial activities.
Internally, the shop is immaculately presented, featuring a well - designed
layout with a range of storage and display shelving. The counter is
conveniently positioned to the right upon entry. As you move towards the rear
of the shop, you will find additional stock storage facilities, along with a
kitchenette and WC for staff use.
As of October 2022 the business has generated sales amounting to £94, 605,
resulting in a gross profit of £51, 403. It is worth noting that sales have
continued to grow since last October, and this year, the business is projected
to achieve a turnover exceeding £100, 000.
The exiting lease cost £12, 000 per annum and the business is being sold for
£40, 000 with existing stock worth approximately £25, 000 (at time of last stock
check) included within the sale.
This is an exceptional opportunity to lease a well - positioned property in a
thriving area. Further details and viewings can be arranged upon request.

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