Offers in Region of £16,000 | DAWLISH

DETAILS

A WELL ESTABLISHED SEASONAL RETAIL SHOP IN A BUSY PARADE WITH MAIN ROAD FRONTAGE IN THIS POPULAR HOLIDAY RESORT


* 200 sq.feet of RETAIL SPACE * OFFICE/STORE * USEFUL FORECOURT AREA * PARKING *




We are delighted to offer for sale this popular and well established joke shop, which occupies a prominent main road position at the entrance to the largest Holiday Park in Dawlish Warren.

Dawlish Warren is situated on the South Devon Coast at the mouth of the River Exe. It has a long sandy beach, 18 hole golf course and a nature reserve, along with a wide variety of holiday entertainment. It attracts visitors throughout a long season and boasts about 10,000 bed spaces. Warren Road is the main approach road to the beach from the majority of the holiday parks.

Giggles has been established for a number of years as a fancy dress and joke shop, which attracts local customers as well as the holidaymakers. The shop was completely refitted in 2006 with excellent racking and shelving, fitted carpets and intruder alarm. The proprietor also provides helium balloons and face-painting, as well as mail-order and wholesale service. Further storage space is available nearby.

Neighbouring shops include a takeaway, bakery, sweets and beach goods, supermarket etc. This parade of shops is located beside the main entrance to the Welcome Holiday park and enjoys very high passing trade.





THE ACCOMMODATION comprises with approximate measurements.

SHOP UNIT: 15'9" x 12'6" (4.8m x 3.81m) Single fronted unit with good display area, glazed counter with display shelving under, good range of wall racking and shelving, free standing display units, high ceiling and ample lighting.

OFFICE/STORE: 10'4" x 8'4" (3.15m x 2.54m) Worktops and cupboards, single drainer stainless steel sink unit with cupboard under, further racking and shelving, part tiled walls, access to rear.

FORECOURT: 24' x 24' (7.32m x 7.32m) approx. Useful additonal display area with inset flowerbeds.

CAR PARKING TO REAR

LEASE: The property is held on a renewable 3 year lease with 1 year to run.

RENT: The current rent is £4155 per annum, exclusive of rates.

RATES PAYABLE: £993.00 approx per annum for 2008/9 This is reduced by about 1/3 as it is a seasonal business.

TRADING HOURS: The business is currently run from Easter until the end of October with variable hours depending on the season. It is run by the propriator and his partner and the hours could be extended by employing an assistant.

TURNOVER: Approx £20,000 for the 2007 season and on course for £25,000 for 2008 season. The toal has increased year on year basis.

GROSS PROFIT: In the region of £10,000. Accounts available to genuine buyers.

PRICE: £16,000 for the benfit of the lease, business, goodwill, fixtures and fittings.

STOCK AT VALUATION: In the region of £5,000 to £8,000.

DIRECTIONS: On driving through Dawlish Warren from Dawlish, Welcome Holiday Park will be seen on the right hand side, along with the parade of shops. Giggles is the unit on the right hand side.



THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.