Unique Antique & Vintage Bridal Shop in East Devon - Low Rent, Rate Relief, £18K Negotiable
Budleigh Salterton, Devon
- Status
FOR SALE
- Date Submitted:
03/04/23
- Advert ID
511120
- Reference
W35600N / Rightbiz
- Call Agent:
- Leasehold: £18,000
- Turnover: £17,372 (£334 Per week)
- Net Profit: Not Applicable
Business Details
ANTIQUE & VINTAGE BRIDAL & FASHION
Destination ANTIQUE & VINTAGE BRIDAL & FASHION retail outlet, also offering some accessories and collectibles. Situated within the sought after and desirable affluent EAST DEVON coastal town of BUDLEIGH SALTERTON, fronting the main shopping/pedestrian/vehicle thoroughfare on route to the popular beach which is only a stone's throw away. Easily accessible with free on street car parking and shoppers car parks close by.
Eye catching character premises, benefiting from enclosed forecourt display area to the front, providing front retail area, rear bridal area, storage room and cloakroom, with rear yard offering rear access. Enjoys very favourable overheads, rent only £90 per week, and receiving 100% business rate relief, surrounded by affluent residential areas and close national retailers.
Famous business, established and same owners in excess of 20 years, currently operated on low semi-retirement basis, only opening 3 days each week and by appointment with additional online trade. Attracting customers from considerable distances such are the niche stock lines available. Income 2022 £17,372, Gross Profit £11,071 (64%), minimal overheads, in particular the premises costs, offers considerable opportunities for new owners to increase sales.
Leasehold £18,000 stock negotiable. Ref: W35600N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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