Needlecraft Retail & Mail Order Business For Sale In Superb Peak District Location | | Bakewell Derbyshire | | Beautifully presented and appointed specialist Needlecraft retail & mail order business in a truly outstanding trading position at the heart of the famous tourist centre & market town of Bakewell. Well known business with world wide client base. SUPERB. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 44787
ADVERT IMPRESSIONS : 20,618 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Craft Shops | | SALE: | Agent Sale | LEASEHOLD: | £145000.00 + SAV | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business:
A long established, thriving, specialist needlecraft retail and worldwide mail order business occupying an enviable, prominent main road trading position in the beautiful Peak District tourist centre and market town of Bakewell.
The business specialises in the retail and mail order supply of a huge and varied range of needlecraft kits and associated products from suppliers around the world and accessories, and also provides a make-up service, manufacturing cushions, fire screens, footstools etc; reproduction and some restoration work is also undertaken.
Winner of 8 industry awards, Wye Needlecraft is a very well equipped and beautifully presented business, very well known in this specialist industry with an excellent reputation as one of the foremost operations of its type in the UK, with a worldwide customer base and also supplying other retailers.
In addition to the retail outlet, the business benefits from a professionally designed, produced and fully developed E-Commerce website extending to some 16,000 pages, with the highly desirable domain name: www.wye.co.uk, which has been independently valued at £15,000.00, as well as using wyeneedlecraft.co.uk, & .com. The business also utilises other online commerce media such as Amazon and Ebay.
Wye Needlecraft is currently working closely with a number of large companies to expand the online retail market and has also started to organize its second retail show, “Stitches”, held in Bakewell, which previously attracted over 3000 visitors. The current owners will provide assistance to the purchasers in order to complete this show.
Supported by 8 experienced staff alongside the owners, this is a thriving, high turnover and very profitable business, now offered for sale at an extremely realistic price due to the pressures of our clients’ other commitments, presenting the fortunate new owners with a rare and unusual opportunity to acquire a business with genuine potential for very significant further development.
Location:
Bakewell is an extremely well known, bustling, thriving and hugely popular Peak District market town and tourist destination close to Sheffield, Chesterfield and Derby. The business occupies a prominent, highly visible main road trading position at the heart of this beautiful town, amidst an eclectic variety of shops and businesses, with the benefit of pay and display parking for customers to the rear of the premises.
Premises:
Spacious, beautifully presented and well appointed double fronted retail shop premises, fitted out and equipped to the very highest of standards and very briefly comprising:
Ground Floor:
Spacious sales area, with a great many needlecraft examples on display. Customer service counter. Store cupboard and understairs storage area. Staff kitchen.
First Floor:
Further spacious retail sales area. Separate room utilised as a stock storage area, postal/packaging room and staff room. Separate store room. Admin office with 2 websales workstaions. Staff wc with wash hand basin.
The premises benefit from a dedicated staff parking space to the rear.
Trading Hours:
Monday to Saturday : 10.00am to 5.00pm. Sunday: 11.00am to 4.00pm..
Tenure:
The premises are held on a renewable12-year lease from October 2002.
Rent: £27,214.00 per annum.
Rates: £8,400.00 per annum.
Service Charge: £2,200.00 per annum.
Financial Details:
Annual Turnover: Circa £220,000.00.
Net Profit (Adjusted): Circa £47,000.00.
Value of Domain Name: Circa £15,000.00.
Stock Holding: Circa £60,000.00.
Our View:
Here is an outstanding and most unusual, beautifully presented and equipped, thriving niche market business in a quite superb trading position, offering genuine, significant potential for further development at an attractive and realistic price. It is extremely rare for businesses of such quality to be offered for sale on the open market. Early Viewing is Absolutely Essential.
Viewing:
Strictly By Appointment. Please telephone this office on 0114 2356600 and we will arrange a suitable time for both parties.
Offers:
All offers are for the leasehold, goodwill, fixtures & fittings and should be made to this office.
Finance:
Please contact us for advice.
Terms & Conditions:
Please read the attached/enclosed Terms & Conditions before proceeding. | | | | | | FOR SALE | | | | | REFERENCE: | 1584/GT / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
