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Stunning Artisan Gift Shop In Heathfield For Sale

Heathfield, East Sussex, UK
Asking Price:
£44,500 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Under £50K

Would suit an owner operator.

The business was founded in 2021 by a well known local potter and artist and quickly established itself as a go to shop for its range of carefully curated gifts from a range of quality suppliers. The owner has achieved the goal of not being just another gift shop from the outset, with customer feedback such as “this is joy in a shop” and “thank you for transforming our high street” amongst the owner’s favourites.

A rare opportunity to purchase a successful artisan style gift shop retailing a range of pottery, cards, curated gifts, wrapping paper, nightwear and home accessories. The shop has been established for 2 years and has a loyal following in the local community as well as drawing customers in who come in to town from other areas specifically to visit the shop.

The business benefits from several exclusive supplier arrangements allowing the shop to be the unrivalled retailer in the area of a number of high selling lines.

Exclusive artist designed cards, wrapping paper and gift products that are only available to this shop and keep customers coming back for more. The owner is willing to discuss the ongoing supply of popular handmade pottery items and her own giftware ranges.

This business would suit someone who enjoys engaging with the friendly local community and the buzz of delighting customers with beautiful gift options in an attractive and calming environment.

Financials: Average weekly takings of £2,500 increasing in high seasons. The shop benefits from a prominent position in the centre of the high street and enjoys tourist trade in the summer with a famous annual agricultural show and French markets taking place in the town, a booming Christmas sales season and steady year round local trade from a consistently loyal community.

Property Information

Property:

Leasehold

Lease Terms:

5 year lease with a break at 3 years.

Leasehold Rent:

£16,500 per annum

Location:

Heathfield, East Sussex.

Premises Details:

The premises features a charming shop front with 2 retail display areas and a kitchen and WC downstairs. Upstairs is another staff room/kitchen, a stock room and a studio/additional stock room. The upstairs was used as further retail space by a previous occupant. To the rear of the property is a useful yard complete with a recently erected shed for additional storage. The entire building was renovated 2 years ago and is fitted with an alarm, CCTV and broadband.

Business Operation

Expansion Potential:

Scope to immediately and exponentially increase revenue further with an ecommerce website which customers have been asking for but the owners have not yet developed. The business already has a loyal local customer base and a high number of Facebook and Instagram followers who would also no doubt buy online should this be offered.
The first floor of the building has also been fully refurbished and currently has unused space which would perfectly facilitate an ecommerce operation.

Competition / Market:

There are several gift shops in town all offering a variety of different styles. Kiln & Home is widely considered the most desirable shopping location in town for gifts.

Reasons for selling:

The current owner is an artist and has new creative projects that she wishes to explore. The shop has a long established and friendly team who are flexible and willing to work with the new owners to ensure continuity of this successful business.

Trading hours:

Staff: The shop is managed and operated by a part time team of 5 who between them are the equivalent of 1 full time person, 6 days a week.

Employees:
5 part time
Years established:
2021

Other Information

Support & training:

Full support and training by the current owner and existing staff who are willing to remain with the business if required.

Financing available:

No.

Furniture / Fixtures value:
£12,400 - included in the asking price
Inventory / Stock value:
£20,000