Established Antiques, Gifts, and Homeware Gift Shop for Sale in York, High Growth Potential
York, North Yorkshire
- Status
FOR SALE
- Date Submitted:
25/10/23
- Advert ID
601684
- Reference
B07584 / Rightbiz
- Call Agent:
- Leasehold: £5,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Well established gift shop for sale
BusinessPlease quote reference B07584
CoGoGo are delighted to welcome to the market Castle Emporium Ltd, a highly rated retail business in Helmsley, York.
The business was first established by our client in 2022 and has flourished since opening accruing a number of regular customers along with a burgeoning reputation.
Castle Emporium Ltd has now come to the open market due to our clients wish to retire and spend more time with family.
The business specialises in selling a wide range of Antiques, Gifts, Homeware and Doggy Gifts, serving locals and a high volume of tourists.
Opportunities -
- The business presents an excellent opportunity for a buyer, in that it has built in a single year since incorporation, a loyal returning local and distant following; yet today it has not developed a website and is solely reliant on new and returning footfall.
- The potential to utilise the business website for online sales coupled with its unique exclusive suppliers, mixed offer and loyal customers brings a great potential for exponential growth.
- A steady retail business within a high footfall tourist retail area whilst growing an online ecommerce section of the business.
- Increase the trading hours.
- Introduce more advertising/marketing.
Location
Castle Emporium Ltd is located on Church Street, in Helmsley, York.
The business is nicely presented and maintained.
Premises
Occupies a rented shop unit.
Well presented with displayed shelving and counters of products.
Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 3 year lease. The rent is £650 per month.
Hours
The current trading hours are -
Monday - 10:30am - 4:00pm
Tuesday to Wednesday - Closed
Thursday to Saturday - 10:30am - 4:00pm
Sunday - 11:00am - 4:00pm
Staff
We are advised that the business is run and managed by our client, with the help of 2 part-time staff members.
Financial Profile
Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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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.'.
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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.
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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.
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Contact seller
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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