Description Bruce and Co are pleased to introduce for sale Gifted, a popular and busy gift shop located in the Scottish border town of Kelso. The business was started by our clients 21 years ago and they have very reluctantly chosen to place the business on the market due to their wish to retire. Gifted is a profitable business, as well as having an enviable location in a popular tourist area; the business also has a good base of loyal clientele and enjoys much repeat custom due to the excellent selection of unique gifts that the shop has on display. Gifted is trading well however still offers opportunity for new owners to increase turnover, one possibility would be to introduce online sales.
Staff Owner run
Situation Kelso is an historic and attractive town set in the heart of the Scottish Borders situated along the banks of the River Tweed. The town attracts many tourists as it is an ideal base for exploring the Borders, the Berwickshire coast and north Northumberland. Kelso has its own racecourse along with many historic attractions including Floors Castle. The jewel in the town's crown is perhaps the French styled cobbled square which Bellevue Guest House is a short walk from. Kelso is approximately 1 hour's drive south of Edinburgh and is, therefore, within easy commuting distance.
Building Internal The business occupies the ground floor of a traditional 3 storey property with mainly commercial properties on ground level and residential accommodation located above. The business boasts an excellent trading position located on a very popular street where retail units are seldom available and benefits from high footfall from passing trade. The business premises benefit from a large glass display window next to the entranceway. The shop floor is well designed to maximize display opportunities and it is presented to an extremely high standard with functional display shelving surrounding the walls, glass display cabinets and an island stand. The customer service counter is positioned to the rear where there are large storage areas, WC, sink with hot water and a fridge.
Building External The business is situated in a highly visible trading position on a busy street in the Centre of Kelso. The front of the property looks straight to street and there are ample parking directly outside but also benefits from the main car park behind the property.
Services The property has mains water, drainage and electricity.
Accounts Available after a formal viewing has taken place.
Summary Precious Cards and Gifts presents buyers with a well-established business at an attractive asking price. Early viewing essential!
Tenure A new lease is being offered with a monthly rental of and term negotiable as the current lease is rolling.
Price Offers over £34,995 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
Viewing Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.
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