Traditional yarn and fabric shop. Very well stocked throughout. Business has traded from this location for 30+ years. Ideal for a hands-on operator with passion for this type of hobby. Enviable trading location in the heart of Melrose. New lease to be issued.
LEASEHOLD Price £17,500 plus stock at valuation.
The attractive town of Melrose is arguably considered to be the “Jewel of the Crown” of the Scottish Borders towns, it lies in the shadows of the Eildons on the banks of the River Tweed and is famed for its medieval Abbey and is a hugely popular destination for walkers and cyclists. Other towns located close by include Kelso, Peebles and Jedburgh. Edinburgh (via A68/A7) is approximately 39 miles north, while Newcastle is 69 Miles to the south via the A68.
Melrose is a vibrant town with a variety of independent shops and business’s and is popular with tourists and visitors all year round with a natural peak between March and October. Visitors are drawn to the famous historic Abbey and the annual Rugby Sevens Tournament at the Greenyards. The town is also home to the Melrose Book Festival, held in June, which brings a lot of business and visitors to the town.
The Fabric Shop benefits from a prime trading location on the High Street in the heart of the town.
The Fabric Shop is a well-loved retail business located on the High Street of the beautiful town of Melrose. It has been trading from this location for over 30 years, the last 13 under the stewardship of our client who has decided it is now time to retire. Well used both locally and from those travelling from further afield, many customers specifically come to Melrose to purchase items from the shop due to its excellent reputation for being extremely well stocked with a great selection of fabrics, yarn and haberdashery to cater for keen hobbyists.
There is scope to develop what is currently in place, although like many other businesses in Melrose, locals and visitors love the individuality of the independent shops and what they have to offer.
A guide price of £17,500 is sought for the leasehold interest in the property and all fixtures & fittings pertaining thereto. Stock at valuation will be payable in addition to the purchase price.
