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GIFT GALLERY LIFESTYLE STORE PICTURE FRAMING & STUDIO

Exeter, Devon
Leasehold Price:
£38,500
Status
FOR SALE
Advert ID
252506
Reference
MG34668N / Rightbiz
Famous GIFT GALLERY/LIFESTYLE STORE with work STUDIO, also undertaking some PICTURE FRAMING, popular and developing EXETER CITY CENTRE shopping area. Highly visible, fronts busy pedestrian and vehicle thoroughfare on route to nearby High Street, surrounded by an eclectic mix of other independent retailers ensuring the area remains a destination for shoppers.

Very deceptive premises, extending over 2 levels and to the rear a considerable length, presented and fitted to a high standard with bespoke fixtures and fittings, also contains a host of top quality picture framing equipment commanding substantial replacement cost. Provides ground floor split level front and rear retail areas with storage/staff facilities, lower ground work studio offering numerous uses, very favourable overheads, rent just over £150 per week, receives 100% business rate relief.

Established destination business in existence 10 years, stocking niche retail lines not available elsewhere, includes quality handmade items from independent manufactures, ensures regular repeat trade. Sales 2019 £151,347 ex Vat, Gross Profit £61,970 (41%), easily manageable, ideal for owner operators, offers numerous opportunities for new owners.

Leasehold £38,500 sav Ref: MG34668N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
Listing Details
Leasehold Price: £38,500
Tenure: Leasehold
Location: Exeter, Devon
Sector: Gift Shops, Picture Framing Businesses
Financials
Annual Turnover: £151,347
Contact Agent
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Advert Reference: MG34668N / Rightbiz

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