Well Established Haberdashery Wool And Craft Business Eastbourne For Sale

Business description

The sale represents a rare opportunity to acquire a well-established haberdashery, wool and craft shop in a unique setting within this sought after Sussex coastal town. In the same family ownership for over 20 years, the shop has a loyal following of regular customers and has enjoyed considerable year-on-year growth due to the increasing popularity of home crafts. This easily run, profitable business is offered for sale due to the retirement of the owner.

Property information

Property:

Leasehold

Lease terms:

The business is being sold with the benefit of the remainder of a 2-year inclusive licence, which commenced in March 2010.

The weekly rent of £366.20 is fully inclusive of business rates, water rates, insurance, communal cleaning and maintenance, refuse collection, security and administration.

In addition there is a group advertising contribution equivalent to 2.5% of the rent, with a reciprocal 25% contribution made by the centre towards any independent marketing spend.

Location:

The shop enjoys an excellent trading position within the Enterprise Centre, Eastbourne.

The Enterprise Centre is one of the most prestigious retail locations in Eastbourne, with a diverse mix of quality independent retailers. The centre has become a true success story in recent years, with a high level of occupancy and over 50,000 customers each month. It enjoys a very central location immediately adjacent the mainline railway station and has excellent parking facilities.