Prime Retail Space with Business Opportunity

HBB Cards, High Street, Newport Pagnell

£12,000 pa

Property Information

  • Available from 22 Nov 2023
  • Reference number veco_2104608834
  • Property Type Retail Property (high street)
  • Floor / Land Area 600 sqft

Key Feature

  • Retail Property (high street)

Property description

Venture Commercial are pleased to present HBB Cards, an award winning (having won the prestigeous Retas Award in 2022) card and gift shop conveniently situated on the busy High Street in Newport Pagnell. This represents a fantastic opportunity to lease a property with an operating business that is also available for sale. 

The shop is immaculately presented and exceptionally well fitted out by the current occupier and business owner, with all the storage and display areas that you'd expect; boasting an impressive large, glazed front window, providing an ideal space for eye-catching displays to attract passing trade.

Situated in a modern building forming part of a vibrant parade of shops on the popular High Street in Newport Pagnell, this property benefits from a prime location with a wide selection of local shops and amenities in close proximity. Excellent public transport links ensure convenient access for both customers and staff.

The property offers approximately 600 sq ft of floor space, providing ample room for various business operations. It is classified as Class E, allowing for a wide range of commercial activities.

Internally, the shop is immaculately presented, featuring a well-designed layout with a range of storage and display shelving. The counter is conveniently positioned to the right upon entry. As you move towards the rear of the shop, you will find additional stock storage facilities, along with a kitchenette and WC for staff use.

As of October 2022 the business has generated sales amounting to £94,605, resulting in a gross profit of £51,403.  It is worth noting that sales have continued to grow since last October, and this year, the business is projected to achieve a turnover exceeding £100,000.

The exiting lease cost £12,000 per annum and the business is being sold for £40,000 with existing stock worth approximately £25,000 (at time of last stock check) included within the sale.

This is an exceptional opportunity to lease a well-positioned property in a thriving area. Further details and viewings can be arranged upon request.

Tenure  : Leasehold

Deposit amount  :   £1,153.85


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