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Successful Art And Craft Shop In Cockermouth For Sale

Cockermouth, Cumbria
Asking Price:
£10,000 Furniture / Fixtures included
Turnover:
£90,000
Net Profit:
Under £50K

Very successful Art & Craft shop on the Main Street in Cockermouth, Cumbria, on the edge of the Lake District National Park. The business was opened by the current owner in 2009, but now wishes to retire. Turnover has increased year-on-year, with 2017-18 being the most successful year to date. Most leading art supplies brands are stocked and the shop has a profitable picture framing franchise. Our loyal customer base is county-wide and there are strong links to a local venue running popular residential art courses in the heart of the Lake District. The shop has a well-visited website - cockermouthartandcraft.co.uk - which could be included in the sale with an opportunity to fully develop an online sales capability.

To the rear of the retail space is a stock room with a small staff kitchen and toilet at the rear of the property.

The business is run and managed by the owner with the help of 2 part time members of staff.

The landlord has indicated that a new 5 year lease would be offered upon transfer of the business.

If interested please contact the seller through the form on this page.

Property information

Property:

Leasehold

Lease Terms:

Current lease expires end of March 2019, but the landlord has indicated that a new 5 year lease would be offered upon transfer of the business.

Leasehold Rent:

£9,600 per annum

Location:

Located on Cockermouth's busy Main Street, with many complimentary independent retailers.

Premises Details:

Double aspect ground floor premises, with stock room and staff facilities to the rear.

Business Operation

Expansion Potential:

There is potential to further develop the on-line sales capability, and Sunday opening could be considered.

Competition / Market:

There are no similar shops within an approximate 25 mile radius.

Reasons for selling:

The owner wishes to retire.

Trading hours:

Monday - Satuday 9am-5pm

Employees:
2 part-time
Years established:
9

Other Information

Support & training:

The existing owner would try to ensure a smooth handover regarding supplier contacts etc.

Inventory / Stock value:
£25,000
Website:
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Contact Information

    1. Your Address

    2. Optional
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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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