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BUSINESS REFERENCE : 1355 / RightBiz UNIQUE ETHNIC HANDMADE CRAFT RETAILER - KENDAL | | | | | | Desirable location within Lake District National Park Turnover £22,668 per annum and very profitable One room lock up shop with WC & wash basin Business offers complete lifestyle change Scope for further development LEASEHOLD | | | BUSINESS LOCATION: | Undisclosed Cumbria UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Gift Shops | | SALE: | Agent Sale | LEASEHOLD: | £19,995 PLUS SAV | ANNUAL RENT: | £3,144 | | | | | | | | | | | BUSINESS DETAILS: | Desirable location within Lake District National Park
Turnover £22,668 per annum and very profitable
One room lock up shop with WC & wash basin
Business offers complete lifestyle change
Scope for further development
LEASEHOLD
Location
The business enjoys an excellent trading location just off the main pedestrianised shopping area in Kendal town centre. It is surrounded by complementary businesses with parking facilities close by. Kendal, 'The Gateway to the Lakes', has a population of approximately 25,000 with a catchment area estimated to be 100,000 which increases greatly during the busy tourist season. Kendal is an attractive, historic market town just a short drive from the heart of the Lake district & Lake Windermere. It also benefits from excellent connections to the rest of Cumbria and the national M6 motorway.
Business History
Meridian Business Sales are delighted to offer for sale this unique business opportunity with excellent scope for expansion. Established by our client 2 years ago, initially selling from various local markets, it has operated from its present site for 14 months. Our client has other business interests and lives a distance away and so is reluctantly selling.
The shop sells a superb range of handmade jewellery, pashminas, ethnic pottery, lamps and rugs. Our client has recently started trading on the Internet and with further development and investment the potential to increase the turnover is excellent. All contracts, contacts and stock except Voodoo Baby are included in the price and our client will happily advise during initial hand-over period.
Tenure
Short Leasehold
Original length 5 years
Remaining 3.5 years
Rent £3,144 pa
Opening Hours
Monday 9:30am - 5:30pm
Tuesday 9:30am - 5:30pm
Wednesday 9:30am - 5:30pm
Thursday 9:30am - 5:30pm
Friday 9:30am - 5:30pm
Saturday 9:30am - 5:30pm
Sunday Closed
Accommodation
Traditional mid-terrace ground floor lock up shop located in a beautiful parade just off the pedestrianised shopping area originally built circa 1900, briefly comprising:
GROUND FLOOR
Large display window
Two side rooms for office use and storage with own WC and basin
Ample shelving and floor space
Recently decorated and carpeted by our client
Fitted to suit trade
The shop has a authentic ethnic ambiance
Financial Profile
Turnover £22,668 pa
Gross Profit £11,334 (50%) | | | | | | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1355 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
