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Cards & Balloons

Dunston £95,000 Freehold REF: NE2105

Location

The premises form part of an end terrace of houses at the junction of Wood Terrace with Ellison Road. The shop is in a prominent position and there are good levels of both passing and captive trade.

The location is less than 2 minutes from the A1 and the immediate area is a mix of residential and commercial property with ample street parking nearby.

Business

This is a very long-established cards and gifts shop which has been trading from this site since 2004. With such an established trading history, this business has built up a strong reputation with high levels of repeat custom from both locals and customers travelling from outside the area.

In addition to the traditional cards and gifts the shop also retails a vast range of balloons and has built up a reputation within the region for the supply of both individual items and full room party packages.

The shop has an ecommerce online ordering facility and customers can order products for collection that include the balloons inflated and ready to install.

This could be an ideal business opportunity for either an owner operator to run or to be acquired by another existing trader to add to their chain.   

Property

The property comprise a ground floor lock up retail unit forming part of a larger parade. Accommodation;

Ground Floor

Sales Shop 49 sq.m. (530 sq.ft.)

Back Shop     9 sq.m. (  95 sq.ft.)

Office / Kitchen

W.C.

Trading Hours

Monday & Tuesday 12.00pm - 5.00pm

Wednesday         closed

Thursday & Friday 10.00am - 5.00pm

Saturday   9.00am - 3.00pm

Sunday         closed

Staff

The business is currently operated under management with 2 members of staff.

Fixtures & Fittings

A full inventory would be made available prior to an exchange of contracts. 

Rates

The premises are assessed as follows: 

Rateable Value £4,800 

Rates free incentives subject to individual status. 

Tenure

We are verbally informed that the title is freehold. Interested parties should make their own enquiries.

EPC

Rating – tbc.

Money Laundering Regulations:

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

Similar Retail opportunities

If you have something more specific in mind then please give us a call on 0191 487 8566, we're always happy to help.

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