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A Well-regarded Wool And Haberdashery Shop In Musselburgh For Sale

Musselburgh, East Lothian, UK
Asking Price:
£115,000
Turnover:
Available on request
Net Profit:
Available on request

Excellent business opportunity in the popular high street. Has traded as a wool shop/haberdashery for the last 25 years.

Retirement sale.

Rarely available high street freehold property. Huge potential to enhance and increase business.

Currently operating on a limited basis through choice. Property is rates exempt. GIA 46.85 sq. metres. Ideal opportunity for hands-on operator or bolt-on business.

FREEHOLD PRICE £115,000 + STOCK AT VALUATION.

Four Bags Full is located on the east side of North High Street in the seaside town of Musselburgh.

Musselburgh is the largest town in East Lothian on the coast of the Firth of Forth, 5 miles east of Edinburgh city center.

The town boasts an ever-expanding population of around 22,000 and is linked to Scotland’s capital via the main A1 routing and also by its two railway stations.

Musselburgh is very much seen as a town in its own right but more and more the town is viewed as a suburb of an ever-expanding Edinburgh.

The business has been in our client’s hands since 2017, prior to that the business had been in the previous owner’s hands for 18 years.

The shop has traded as a successful wool shop and haberdashery for the last 25 years. The business is run at present on a deliberately low-key basis trading on Tuesdays, Thursdays, and Saturdays to individually suit our client, who is a sole trader with no staff assistance. The business is very popular with customers from the Musselburgh area as well as further afield including Edinburgh.

Huge potential exists for new owners to take over and boost trade immediately with extended opening hours.

The property is available on a Feuhold basis (Freehold).

Property Information

Property:

Freehold

Location:

Four Bags Full is located on the east side of North High Street in the seaside town of Musselburgh.

Musselburgh is the largest town in East Lothian on the coast of the Firth of Forth, 5 miles east of Edinburgh city Centre.

Premises Details:

The property comprises:
A well-presented wool and haberdashery premises with accommodation all on ground floor level.

The main entry is via a doorway from North High Street, leading into the shop premises.

The shop has sanded floors and LED strip lighting overhead. The till area is at the vintage haberdasher’s counter to the left-hand side on entry. The front shop area has a central gondola for patterns and very well-stocked wall shelving on two walls for wool.

The front shop area leads through to a back shop area with thread, ribbon, buttons, and wool display, as well as a rear service counter. Service areas in the premises include a back shop with WC, kitchenette, and further storage. There is also fire escape access and an additional storage area.

Business Operation

Expansion Potential:

Currently only open Tuesdays, Thursdays and Saturdays. Huge potential exists for new owners to take over and boost trade immediately with extended opening hours.

Reasons for selling:

Retirement.

Trading hours:

The business is run at present on a deliberately low-key basis trading on a Tuesday, Thursday and Saturday to individually suit our client, who is a sole trader with no staff assistance.

Other Information

Related Documents: