North Wales Leasehold Gift & Accessories Business, Indigo, in Abergele For Sale
Abergele, Conwy
- Status
FOR SALE
- Date Submitted:
08/05/22
- Advert ID
294948
- Leasehold: £29,000
- Rent: £6,000
- Turnover: £73,000 (£1,404 Per week)
- Net Profit: £31,000 (43% Profit margin)
Key Features
- Attractive Business
- Prime Location
- Small Business
- Adjacent to Multiple Retailers
- Offers Invited
- Accounts Available
- Unique Business
- Fully Fitted
- Town Centre location
- Established Business
- Close to Local Amenities
Business Details
Leasehold Gift & Accessories business For Sale In Abergele, North Wales.
Located in the coastal town of Abergele, North Wales, Indigo is a well established, warm and friendly gift and accessories shop with an excellent local customer base. It also benefits greatly from increased trade during the holiday season.
This charming gift shop has a well stocked selection of gifts, handbags, jewellery, scarves, ladies clothing and greeting cards.
It is a stockist of Joma Jewellery which is exclusive to the area.
The current owner makes a variety of hand crafted items giving the business a unique aspect and would therefore be an ideal investment for a creative minded person to take the business forward. There is also great potential to expand the business further through social media and online sales.
There is cctv on the premises and all fixture, fittings and stock are included in the price making it the perfect business to walk into. The current owner is selling due to relocation but would be happy to stay on for a hand over period.
Location.
Town centre location in a tourist destination with plenty of passing trade. It is surrounded by a variety of independant retailers. The shop itself is situated approximately five minutes walk from Gwrych Castle where the TV program I'm a celebrity was recently filmed.
Premises.
- Ground floor.
- Side and front window display area.
- Main shop area leading through to a secondary sales area.
- Rear stock room.
- Kitchen and toilet facilities.
Tenure.
Leasehold - new lease term to be agreed with the new tenant.
Very low overheads.
Hours.
Current trading hours are Tuesday - Friday 9.30 - 5pm.
Saturday 9.30 - 4pm.
Currently run solely by the owner.
Financial Profile.
The business generated a turnover in the region of £73,000 tax year 22/23 with a profit of £31,000.
Full accounts available on request.
Map
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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.
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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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