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North Yorkshire - Embroidery Business With Accom For Sale

Skelton-In-Cleveland, North Yorkshire
Asking Price:
£142,000 Furniture / Fixtures included
Turnover:
£20,000
Net Profit:
Available on request

Same Owner Since 2009
Annual Turnover £20,000
Short Trading Hours
No Direct Competition
1 Bedroom Accommodation
EPC - E

REF 5515 – Freehold Embroidery Business with Accommodation

Blacks Brokers are proud to bring to the market this freehold embroidery business with accommodation located in the much sought after area of Skelton-In-Cleveland, North Yorkshire.

INTRODUCTION

Stitches has been trading from High Street since 2009 and during that time it has firmly established itself within the local community and within this business sector. It has gained a large and loyal customer base and a most enviable reputation.

LOCATION

Skelton-in-Cleveland is a small, popular town in North Yorkshire. The area is well utilised by shoppers and visitors to the area in addition to the strong residential community in place. Stitches is positioned well within High Street with other business surrounding and much passing trade. The shop is well placed for easy access and is well linked with local travel links and public transport.

REASON FOR SALE

The business is only being offered for sale due to retirement, creating a superb opportunity for a new owner to really enjoy this excellent business and impressive property.

LEASE

This is a freehold sale – no lease details applicable.

BUILDING LAYOUT AND DESIGN

The business is housed within the ground floor of a large, end of terrace property. The large shop front is well branded with good signage on display and two large display windows covering both sides of this corner plot. Inside, the shop is well presented and well stocked, with products displayed on wall shelving, central gondolas and display stands. The counter and servery area is positioned to the rear of the shop floor – this is well equipped with storage in place. To the rear of the building are two large storage rooms and a kitchenette.
On the first floor is a beautifully presented living accommodation, this comprises of an open plan loung and dining area, large, ensuite bedroom, fitted kitchen and balcony. All areas are tastefully decorated and well presented.

STAFF

The business is managed by our client on an owner/operator basis. However, in recent months our client has been overrun with new work and due to this demand, the business would benefit from a further two members of staff.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £20,000 with strong gross profits. Most customers are from the local area as one would expect.

SUMMARY

This freehold business has a solid trading history in place with superb reputation and is an exciting opportunity for a new owner. The business has much scope for expansion and we feel that with much demand for this service, this proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. In addition, an online presence would be of benefit, potentially with booking system. Early viewings are strongly advised.

Property information

Property:

Freehold

Business Operation

Trading hours:

MON & TUE: 09:00 - 17:00
WED: 09:00 - 13:00
THU & FRI: 09:00 - 17:00
SAT: 09:00 - 13:00
SUN: CLOSED
Also closed on bank holidays

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