Wadebridge, PL27 7NB
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Wadebridge, PL27 7NB

Investment Property
Guide price £65,000

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2 Polmorla Road, Wadebridge PL27 7NB

 
Points Of Interest
Key Features
  • Two Storey
  • Prime Location
  • Stock Inlcuded within The Price
Property Description

Additional Information

We are delighted to bring to market this exciting business opportunity. This established greetings card business originally began trading some 17 years ago from its current retail premises.

However, and mainly due to Covid restricting non-essential shops from trading the owners took advantage of the internet and during the last couple of years this successful business now trades not only from its outlet but created an online presence with the use of Amazon. Understandably this has dramatically increased its customer base and helped achieve excellent turnover (combined £345,000). The shop is open 6 days a week and has been trading 29 years.

We are not only offering the card and gift business from the retail premises but the online trading too. The business is mainly run by a husband and wife with the help of two members of staff who know the business like the back of their hand. The owners have kindly offered any successful purchaser a hand over period and early assistance to show them the ropes.

A new lease will be offered for around 10 years with a rent review at 5-year intervals. The rent for the premise is £13,800 per annum on a full repairing lease. It?s worth noting, the property was reroofed some 12 years ago and rewired approximately 10 years ago.

If you are looking for a change of career or always dreamed of owning your own business and possess entrepreneurial skills then this could be perfect for you.


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