Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Attractive Lifestyle Business Established For Over Twenty Years For Sale

Torquay, Devon, UK
Asking Price:
£25,000
Turnover:
Available on request
Net Profit:
Available on request

Portfolio Gallery is a picture gallery & coffee shop with framing workshop. The Gallery specialises in modern framed prints and canvases, complemented by contemporary gifts, stationery and greetings cards. The gallery has been established since 2000 and in that time has built up a reputation for offering customers quality merchandise and aims to support local artists. Popular with locals and holiday makers alike for its premium, Italian style espresso coffees and selection of handmade cakes and pastries, the coffee shop compliments the gallery perfectly. Portfolio also benefits from offering bespoke picture framing with an onsite workshop. Our clients have operated the business for the last 17 years and are now looking to retire, thus this fabulous life style opportunity has come to the market.

Property Information

Property:

Leasehold

Location:

Portfolio Gallery & Coffee Shop occupies a prominent position in the busy and well regarded district of St Marychurch, Torquay. St Marychurch is a popular part of town and is situated less than half a mile from the sea and less than a mile from Torquay town centre. St Marychurch is recognised as one of Torquay’s most desirable residential and commercial locations, with a fine mix of privately owned shops, attractive pedestrianised precinct and tourist attractions. The holiday district of Babbacombe is a 5 minute walk from St Marychurch and both areas swell during the summer months with the influx of tourists to The English Riviera (Torquay, Paignton & Brixham).

Premises Details:

The premises comprises:-

Main trade area
Entered via double glazed frontage with central entrance leading into the gallery. Wall mounted prints and canvases, floor standing card display, wall mounted display shelves, display windows to the front. Service Counter, counter top gift displays, cash register, under counter storage shelves. Additional display area and framing centre.

Coffee shop
Towards the rear of the unit with potential to seat 22. Service counter with GAGGIA fresh coffee machine and separate grinder, cake display, prep area, Buffalo Panini machine, small electric grill, microwave and under counter fridge. Wall mounted black board menu, sink unit with drainer, wash hand basin and storage shelving.

Cloakroom

Office

Frame workshop
Spacious, light and fully equipped with Morso Foot Operated Mitring Machine, KeenCut Excalibur 5000 Glass and Board Cutter, Cassese CSI Manual Frame Underpinner, Keencut Ultimat Gold Mount Cutter, Lamina Gold Dry Mounting and Laminating Hot Press.

Alarmed Exit to rear yard with Parking for 1.

General information

Rateable vale
£14,250. For information, we advise you to contact the Local Authority, Torbay Council.

Business
This delightful business is operated by a husband & wife team. The trading hours are currently Tuesday to Friday 9.30-5pm, Saturday 9.30-2pm. The gallery carries stock from a range of quality suppliers including Busy B Stationery, Devon Scenic Photography, Libra Home Furnishings, Nobile Glass & Woodmansterne Greetings Cards to name a few. The business has a steady turnover of circa £95,000 per annum. However, there is plenty of potential to expand on current stockists, the café and online trade should the next proprietor wish to.

Tenure
The premises is held on a 10 year lease from 2015 with repairing and insuring obligations. The rent is £14,500 per annum

Stock
The gallery carries approximately £12,000 in stock. This is to be purchased subject to valuation on completion.

Inventory
To include furnishings and equipment as per an inventory to be supplied, but excluding the owners personal effects.

Energy Performance Rating:
D

Other Information

Related Documents:

Contact Bettesworths

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

  2. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Halo Corporate Finance. They will contact you about financing your business purchase.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Bettesworths. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business