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Superb Gift Shop For Sale In Isle Of Wight

Isle of Wight, Isle of Wight

Asking Price £22,000
Turnover £60,000

Business overview

A unique gift shop on the beautiful Isle of Wight.
Easy to run shop in Sandown great lifestyle choice with the opportunity to own a business on the island with a regular income from the word go.
Currently trading eleven months of the year, winter opening hours are 10 am till 4 pm Monday to Friday Summer hours 10 am till 5 pm seven days a week.
Selling a wide range of giftware, local art and island products, and the main theme is Retro, TV and Movie themed products which have proved to be very popular with both visitors and islanders alike.
Over the past few years we have built up a good customer base and have excellent working relationships with a range of specialist wholesale suppliers.
Located in the upper part of Sandown High Street adjacent to Boots the chemist with Café’s, Lloyds Bank and local newsagent within close proximity. The shop is very close to one of the best beaches on the island with a high level of tourism and locals alike. Local amenities include the Isle of Wight Zoo, Dinosaur Island and the very popular Pier is just around the corner, Sandown has two carnivals throughout the summer season and also a Christmas Fun Day which brings lots of visitors to the town.
The shop has a retail sales area is approx 40 square meters and storage areas of approx 20 square meters and a staff toilet.
The storage rooms are fitted out with various wood and metal racking, desks and work surfaces there is a kitchen sink base unit and wall unit a fridge freezer, microwave, kettle etc.
The sale includes all stock fixtures and fittings in fact everything for the purchaser to continue trading as per normal.
To gain an insight into what we sell and our ethos please have a look at our website and also our facebook page which now has over a 1000 likes most of which are from the island.
New lease available the existing landlord is offering a new three year lease with good incentive terms annual fees as follows: Year 1 = £6500 pa Year 2 = £7500 pa Year 3 = £8000 pa

Asking price £22,000 plus stock SAV including all fixtures and fittings.

Existing stock valued at £14,500

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