Leasehold Art Gallery In Oxfordshire | | Oxford Oxfordshire | | Art Gallery Oxford Profitable business. Well established business in a prominent trading location. A/T: £265,169 GP: £147,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 13216
ADVERT IMPRESSIONS : 12,299 TIME(S) | | | | BUSINESS SECTOR: | Leisure / Recreation | | TRADE TYPE: | Art Galleries / Museums | | SALE: | Agent Sale | LEASEHOLD: | £175000 + SAV | ANNUAL RENT: | £30000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | This superbly presented business is ideally situated in Oxford city centre. Situated in Little Clarendon Street, containing many businesses, which are complementary to the art gallery. There is short-stay parking opposite and the popular area of Jericho is only yards away.
Bag A Business is delighted to offer for sale one of the top contemporary art galleries in the UK, founded in 1999, and situated in the centre of the historic City of Oxford. It has shown steady growth, is highly successful, well established, and profitable. The gallery deals in quality paintings, sculptures, glass and ceramics, uniquely sourced from all over Britain, Europe and South Africa. It has a framing workshop offering a full picture framing service. Its outstanding location is in one of the city's most vibrant shopping and entertainment streets, with highly visible double windows, and large modern, fully fitted gallery. There is free short term parking in the street, and included in the lease is off-street parking space. The gallery has an outstanding growth record and reputation, with a strong existing customer base and mailing list built up over 7 years. It has a regular advertising programme together with a schedule of exhibitions throughout the year. There is considerable growth potential in the corporate, professional, and university sectors for the sale of artworks and the framing service. The owners have taken the decision to sell the business due to family commitments, but will be willing to continue on a consultancy basis. The existing part-time staff will also be available if required. This is a truly unique opportunity to acquire an attractive, highly successful and established business with great potential for growth, situated in one of the prime locations in the country.
FINANCIAL PROFILE
A/T £265,169
GP: £147,000
OPENING HOURS
Mon - Sat: 10.00am - 5.30pm
Sun: 11.00am - 4.00pm
PROPERTY DETAILS
Large glass fronted double shop unit, briefly comprising:
GROUND FLOOR
Service counter area
Airy and atmospheric display area
Quality lighting
Art display area extends to the rear
Kitchen and W/C to the rear
Alarm system
BASEMENT
Storage
Picture framing area
Framing equipment worth approximately £5,000
EXTERNAL
One parking space at the rear
TENURE
Leasehold.
Original: 7 years.
Remaining: 5 years.
Review Every 4 years.
Rent: £30,000 per annum. | | | | | | FOR SALE | | | | | REFERENCE: | 7984 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
