Mailbox Estates is pleased to present this long-established and much-loved Cards & Gifts
business, successfully operated by the current owners for over 18 years. Located in a prime high street position, this business benefits from excellent visibility, strong footfall, and a loyal customer base.
Business Highlights:
Part-Time Operation: Currently run by a husband-and-wife team, each working only 16 hours per week, offering huge scope for growth with increased hours.
Improved Profit Margins: Gross profit has recently improved to an impressive 64%, up from 55%.
Untapped Potential: Extended trading hours (later evenings, Sundays, and bank holidays) could significantly boost turnover.
Diverse Product Offering: In addition to cards and gifts, the shop stocks premium candles, personalised items, accessories, mugs, and more.
Ideal Opportunity:
This is an excellent opportunity for a full-time owner-operator or family-run business to take over a well-established operation and build on its strong foundation. Alternatively, the premises could be converted to other retail formats such as:
Convenience store
Vape shop
Beauty salon
Or any other retail venture
Location:
Situated in a popular retail parade with national brands including Morrisons, Costa Coffee, Boots, Iceland, and WH Smith
High footfall and consistent trade from the surrounding commercial activity
Financial Overview:
Average weekly retail sales: £2,000 (based on part-time hours)
Gross Profit Margin: Recently increased to 64%
Premises:
Total size: Approx. 1,312 sq ft / 122 sq m
Ground floor retail area: 612 sq ft
First floor: Office, stockroom, and kitchen
Rear delivery access and dedicated owner parking
Lease & Costs:
Rent: £15,000 per annum
Lease: 5 years remaining (renewable)
Service charge: £1,268.98 per quarter (inc. VAT)
Business rates: Eligible for Small Business Rates Relief (currently nil)
Staff:
Operated by part-time husband and wife team
Supported by one part-time staff member
Trading Hours:
Monday to Saturday: 9:00 AM - 5:00 PM
Sunday: Closed (potential to increase revenue by opening Sundays and holidays)
Sale Details:
Asking Price: £55,000
Stock: Payable in addition at valuation
Fixtures and fittings: Included in the sale
Legal fees: Each party to cover their own. Landlord's legal costs to be split equally.
Next Steps:
Trading information available to serious buyers upon signing an NDA
A non-refundable deposit will be required to secure the sale
Strictly no direct approach to staff or vendors. Viewings by appointment only
