Retail premises for sale in Thrapston, Northamptonshire NN14, £59,950

59,950.00

Offer Nr.:
63990758
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Everett Masson & Furby
Phone(s):
01603 963504

* Leasehold
* Popular & Well Regarded Business
* Busy & Expanding Town
* Customers from Miles Around
* New Lease to be Granted
* 'B’ EPC Rating
* Prime Location in Centre of High Street
* Long Established & Well Presented
* Good Range of Stock
* Additional Storage may be Available
* Contact emf for Further Details
**Agents note**
This is a business for sale as a going concern, not an empty premises for sale
or let.
**Particulars**
Coming new to the market, we are delighted to be able to offer you this busy
and popular card and gift store, ideally located in the centre of the high
street, in the bustling and expanding town of Thrapston.
Situated on the River Nene just off the A14 between Kettering and Huntingdon,
the shop draws customers in from many miles around, being well known for its
excellent range of greeting cards and unique gifts.
This is a great opportunity for someone new to continue on and expand the
existing successful business, whilst putting their own mark on it. Given the
desirable location and positioning of the shop we expect interest to be
strong.
**The business itself**
The business has enjoyed a consistent level of turnover during the 15 years
since the current owner established it, only dipping, as would be expected
during the pandemic, but now returning to the levels previously enjoyed.
Stocking a full and extensive range of cards and gifts the shop can cater and
provide for all customer needs in this regard and our client works hard to
ensure that they offer a different selection of cards to other stockists in
the area. Cards for all occasions are on display to browse and choose from,
whilst gifts available include ty plush toys, Nordic lights, bespoke
jewellery, Yankee and Woodwick candles, picture frames, helium balloons and
other such items that one would normally expect to find in such a shop.
Whilst providing this comprehensive selection of products to customers coming
into the shop, we feel that there is scope to increase turnover further by
providing an online offering via a dedicated business website.
**Premises**
_all measurements are approximate and for guidance only. _
As stated the premises are in a prime spot in the centre of the high street
with public parking in front where customers can pull up. The business is to
be offered with the benefit of a new lease subject to terms being agreed with
the landlord, but which have been initially indicated to us. Emf will be able
liaise between the parties in this regard to assist in ensuring an agreement
can be reached.
Entering into the shop with it’s full height glazed frontage you find a bright
and welcoming retail area which measures approximately 14. 19m long by 4. 42m
wide. It has been well fitted out with a central card display with drawers
under for storage. The walls to either side and to the rear also have a range
of different display units and shelving, whilst the customer service counter
can be found to the front.
Through a door to the rear of the shop there is a small office with sink, wall
and base units and with a further two doors off providing additional storage
and a w. c.
We are advised by the vendor that they currently rent some additional storage
space in a neighbouring property and they understand that this arrangement is
likely to be able to be continued by a new owner should they so wish. There is
not though a requirement to take this space if it is not required.
We understand that a new lease will be granted subject to the consent of the
landlord to the proposed new owner and to terms being agreed. We have been
provided with an indication of what terms for the new lease would be
acceptable and full details can be provided upon request.
**Further information**
**reference number**
BC34365SM.
**Opening hours**
9: 00am to 5: 30pm Monday to Friday. 9: 00am to 5: 00pm Saturday. Closed on
Sunday.
**Tenure**
Leasehold. We understand that a new lease will be negotiated with landlord on
terms to be agreed however it has been suggested that a 12 year lease could be
provided.
**Rent payable**
Currently £14, 000 per annum.
The purchaser will be responsible for the landlords costs and fees in
connection with the grant of a new lease.
**Rates payable**
Nil - We are advised that the shop currently enjoys the benefit of Small
Business Rate Relief.
This information has been provided to us by the vendor and any interested
party is advised to enquire of the local authority to check the position with
regards to business rates that will apply to a new owner.
**EPC**
The Energy Performance Certificate shows a rating of ‘B’ and a score of 40.
**Price**
£59, 950.
For the benefit of the goodwill, fixtures, fittings & equipment. Stock payable
in addition on completion at valuation. This is a business for sale as a going
concern.
**Viewing**
Strictly by appointment only, please call our Norwich Office on to make an
appointment.
**Finance**
Finance may be available to suitable purchasers.
**Business to sell?**
Let us know as soon as possible! Just ask for a free no obligation valuation
and one of our valuers will carry out a detailed marketing appraisal of your
business at a time of your choice.
**Premier marketing**
We take care to present our businesses to a standard like no other. Offering
quality property particulars as well as detailed information on all of the
online portals and our own website, make your business stand out from the
crowd - call us today!
**Unhappy?**
Do you feel you are receiving the level of service promised by your agents? If
not, we would be happy to carry out a free no obligation marketing appraisal
of your business.
**1\. Money laundering regulations: ** Intending purchasers will be asked to
produce identification documentation at a later stage and we would ask for
your co - operation in order that there will be no delay in agreeing the sale.
**2\. General: ** While we endeavour to make our sales particulars fair,
accurate and reliable, they are only a general guide to the property and,
accordingly, if there is any point which is of particular importance to you,
please contact the office and we will be pleased to check the position for
you, especially if you are contemplating travelling some distance to view the
property.
**3\. Measurements: ** These approximate room sizes are only intended as
general guidance. You must verify the dimensions carefully before ordering
carpets or any built - in furniture.
**4\. Services: ** Please note we have not tested the services or any of the
equipment or appliances in this property, accordingly we strongly advise
prospective buyers to commission their own survey or service reports before
finalising their offer to purchase.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: