Wonderful Niche Soft Furnishings Shop For Sale

Business description

The Business Partnership is pleased to support the owners of this excellent soft furnishings shop in the sale of their business.

The delightful niche shop sells bespoke cushions and bean bags from its location on an extremely busy high street amongst numerous other complementary retail outlets. The relatively new shop has enjoyed healthy takings from day one and now attracts an ever increasing number of customers as its profile grows rapidly.

Weekly takings are in the region of £1,100, and as the business operates with an extremely high GP of around 70%, this translates to a very impressive net profit for the owners. Combine this with the easy hours and relaxed nature of the business, and it all adds up to a superb lifestyle opportunity.

Having initially set up the business as a short term venture in 2008, the owners are now looking to pursue other interests, and this would be an ideal opportunity for someone with a passion for soft furnishings, interior design or a creative personality to enjoy running their own business and build on the excellent ground work carried out by the vendors.

Property information

Property:

Leasehold

Lease terms:

We are advised that the business operates on an occupation agreement and is subject to an annual rent of £8,800. We are also advised that the landlord would be willing to negotiate a new 5/10 lease with a new owner.

We are further advised that the 2 storey 3 bedroom flat above the shop is currently unoccupied and would also be available as accommodation or office space for an additional £500 per month.

Living accommodation:

Above the shop is 3 Bedroom accommodation comprising Lounge, Kitchen, Bathroom & W.C. This has recently been vacated and is also available if required as accommodation or additional office/storage space.

Location:

The shop is located at the side of an extremely busy main road in a historic West Yorks village which in recent years has been designated a World Heritage Site. The road contains numerous complementary retail outlets running along both sides of it and attracts many local shoppers along with visitors to the area.

The village is also surrounded by an abundance of picturesque scenery, and is within touching distance of both the Yorkshire Dales and the motorway network.

Premises details:

The business operates from the very well presented ground floor of a mid terrace property forming part of a lengthy parade of shops along a busy high street. There is also a sizeable basement below the shop which is currently used for storage, but may be deemed suitable for conversation into an office area to create additional selling space in the shop itself.

Other information

Expansion potential:

Although operating as a specialist outlet at present, there is obvious potential to expand into other areas if desired.

In addition, it is also envisaged that the business would greatly benefit from on-line sales derived through the development of a web-site and also from Sunday openings, when the area attracts a significant number of shoppers and tourists.

Reasons for selling:

To pursue other interests.

Trading hours:

Tues 10.00am - 4.00pm
Weds 10.00am - 1.00pm
Thurs - Sat 10.00am - 5.00pm