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Colinton Arts Colinton, Edinburgh EH13 0LQ

City of Edinburgh, Edinburgh
Leasehold Price:
£45,000
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
202299
Reference
14197 A / Rightbiz

Details

BUSINESS
Hilton Smythe are delighted to welcome to the market this truly unique opportunity to acquire a long standing, thriving Picture Framing, Gallery and Gifts business in the affluent Colinton (EH13) area of Edinburgh.

The business is very well known locally and has been trading since 1981 building up an enviable reputation, which has resulted in a loyal client base leading to a high level of repeat business from individual and corporate clients. Our client now looks to sell the business due to retirement.

The business offers a range of goods and services including, a bespoke framing service, repair work, art work sales (by local artists) and is also well stocked with jewellery, ceramics, books, greetings cards and other craft items.

The business prides itself on providing a bespoke service focused on the customers. In addition to being very well stocked and offering excellent customer service there is scope to further increase turnover, by embarking on further marketing activities including, updating the website, utilising social media and local press, evening art exhibitions, attendance of art and craft fairs along with extended opening hours.

This really is an outstanding opportunity to acquire a unique well-established business. Hilton Smythe highly advise early viewing to avoid disappointment.


LOCATION
Colinton Arts, occupies a substantial ground floor retail unit with a large basement workshop area on the busy and popular Bridge Road (EH13) in the affluent Colinton area of Edinburgh. The location also benefits from on street parking and is surrounded by a wealth of complementary shops and businesses, resulting in a good volume of footfall and passing trade. The area further benefits from excellent public transport links and local amenities.

Edinburgh is the capital city of Scotland, it is the second most popular city in Scotland and the seventh most popular in the United Kingdom. The city has long been known as a centre of education with 4 universities; all within close proximity to the business.

The city's historical and cultural attractions have made it the second most popular tourist destination in the United Kingdom after London, attracting over one million overseas visitors each year.

Historic sites in Edinburgh include Edinburgh Castle, Holyrood Palace, the churches of St. Giles, Greyfriars, The Canongate, and the extensive Georgian New Town, built in the 18th century.

PREMISES
Substantial double fronted ground floor premises in excellent condition; boasting an ideal trading location, briefly comprising:

Main Shop: -
Bespoke service counter/display unit.
2 x Large window display areas.
Further various display units located to front shop.

Rear Shop: -
Picture framing service area.
Various art display areas, stocking art work for sale.

Basement Area: -
Generous workshop area with two framing workshop areas, housing pneumatic and manual framing machines.

Kitchen Area.

WC.

Rear entrance to basement for all business-related deliveries.

The business is well signed and highly visible.

TENURE
We are advised that this is a leasehold opportunity.

2 years remain on the lease as of 2017.

Annual rent of £10,800.

The business owners have no reason to believe the lease would not be renewed.

HOURS
Opening hours: -

Monday to Friday: 09:30 – 17:30
Saturday: 10:00 – 16:00

Potential for late opening one night a week.

STAFF
The business is run by the current owner with help from two-part time members of staff.

FINANCIAL PROFILE
Turnover to be advised.

EXTRA NOTES
Niche business opportunity
Well established
Bespoke service
Ongoing new owner support from current owner BUSINESS

Hilton Smythe are delighted to welcome to the market this truly unique opportunity to acquire a long standing, thriving Picture Framing, Gallery and Gifts business in the affluent Colinton (EH13) area of Edinburgh.

The business is very well known locally and has been trading since 1981 building up an enviable reputation, which has resulted in a loyal client base leading to a high level of repeat business from individual and corporate clients. Our client now looks to sell the business due to retirement.

The business offers a range of goods and services including, a bespoke framing service, repair work, art work sales (by local artists) and is also well stocked with jewellery, ceramics, books, greetings cards and other craft items.

The business prides itself on providing a bespoke service focused on the customers. In addition to being very well stocked and offering excellent customer service there is scope to further increase turnover, by embarking on further marketing activities including, updating the website, utilising social media and local press, evening art exhibitions, attendance of art and craft fairs along with extended opening hours.

This really is an outstanding opportunity to acquire a unique well-established business. Hilton Smythe highly advise early viewing to avoid disappointment.

LOCATION

Colinton Arts, occupies a substantial ground floor retail unit with a large basement workshop area on the busy and popular Bridge Road (EH13) in the affluent Colinton area of Edinburgh. The location also benefits from on street parking and is surrounded by a wealth of complementary shops and businesses, resulting in a good volume of footfall and passing trade. The area further benefits from excellent public transport links and local amenities.

Edinburgh is the capital city of Scotland, it is the second most popular city in Scotland and the seventh most popular in the United Kingdom. The city has long been known as a centre of education with 4 universities; all within close proximity to the business.

The city's historical and cultural attractions have made it the second most popular tourist destination in the United Kingdom after London, attracting over one million overseas visitors each year.

Historic sites in Edinburgh include Edinburgh Castle, Holyrood Palace, the churches of St. Giles, Greyfriars, The Canongate, and the extensive Georgian New Town, built in the 18th century.

PREMISES

Substantial double fronted ground floor premises in excellent condition; boasting an ideal trading location, briefly comprising:

Main Shop: -
Bespoke service counter/display unit.
2 x Large window display areas.
Further various display units located to front shop.

Rear Shop: -
Picture framing service area.
Various art display areas, stocking art work for sale.

Basement Area: -
Generous workshop area with two framing workshop areas, housing pneumatic and manual framing machines.

Kitchen Area.

WC.

Rear entrance to basement for all business-related deliveries.

The business is well signed and highly visible.

TENURE

We are advised that this is a leasehold opportunity.

2 years remain on the lease as of 2017.

Annual rent of £10,800.

The business owners have no reason to believe the lease would not be renewed.

HOURS

Opening hours: -

Monday to Friday: 09:30 – 17:30
Saturday: 10:00 – 16:00

Potential for late opening one night a week.

STAFF

The business is run by the current owner with help from two-part time members of staff.

FINANCIAL PROFILE

Turnover to be advised.



£45,000
Seller Details
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Listing Details
Leasehold Price: £45,000
Tenure: Leasehold
Sector: Picture Framing Businesses, Gift Shops, Art Galleries
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