Award-Winning Gift & Home Accessories Shop Based in Lincolnshire

Grimsby, Grimsby
REF: R07989

Asking Price:
£450,000
Annual Turnover:
£245,000
Annual Net Profit:
TBC
REF: R07989

Overview

Tenure:
Freehold
Established:
1989
  • Excellent reputation and loyal customer base
  • Huge potential for growth
  • Spacious premises
  • Wide variety of products
  • Accommodation included
  • Strong supplier relationships

The business for sale is a family-run, award-winning gift and home accessories shop based in Lincolnshire, which offers a wide range of different products to their customers.

Established in 1989, this long-standing business has been growing steadily over the years and has developed an excellent reputation and a loyal customer base.

The company sell a wide variety of different products, including baby and christening gifts, jewellery, handbags, scarves, Coach House, Hill Interiors, home accessories, and much more. The gift shop has even developed excellent relationships with their suppliers, which would normally be hard to attain for a new business.

The stylish shop has spacious and modern premises, with a 3-bedroom flat upstairs, which can either be rented out for £7,000 a year or the new owner could live in the flat themselves.

This fantastic business was even a finalist in The Greats Gift Retailer Awards 2018 and would be the perfect opportunity for someone already operating in the sector.

Facebook: Swags & Tails Est. 1989 / Instagram: @swagsandtails_

The business is located in a residential area, with nearby parking and no local competition. The spacious and modern shop measures 16m by 17m. Upon entry, you step into the large, main shop, with 3 stockrooms and an office to the back. There is even a flat upstairs, which can either be rented out for £7,000 a year or could be the home of the new owner.

All fixtures and fittings are included in the sale of the business, which means the buyer should be able to get to work straight away.

This would be the ideal business for someone looking to be an owner-operator and live above the business or for someone already operating in the sector.

There is huge potential for growth with this business for someone who has the energy and passion to push the online presence of the store. Developing an eCommerce shop and setting up stores with Amazon and eBay could both be great ways to gain further customers.

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  • On-site car parking
  • Nearby parking
  • Residential area
  • No local competition
  • High street location
Rent
N/A
Rates
£0
Lease Term
N/A
Lease Expiry
N/A
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
£300,000
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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