Sought-After Gemstone Jewellery & Gift Shop in Central Sidmouth Devon for Sale
Sidmouth, Devon
- Status
FOR SALE
- Advert ID
616475
- Reference
MG035668N / Rightbiz
- Call Agent:
- Leasehold: £25,000
- Turnover: £44,374 (£853 Per week)
- Net Profit: Not Applicable
Business Details
GIFT & JEWELLERY SHOP
Niche GIFT SHOP, sought after EAST DEVON coastal town, situated within desirable SIDMOUTH, occupying valuable town centre trading position, fronting the main pedestrianised shopping thoroughfare of Old Fore Street, leading to the market square and esplanade/beach. Surrounded by other popular businesses to include national retailers, other complementary businesses and catering establishments, ensures masses of pedestrian foot flow.
Attractive eye catching premises, benefiting from favourable overheads, rent only £145 per week, and qualifying for 100% business rate relief. Valuable display window, very well maintained and presented retail area complete with masses of display cabinets, service counter.
Business established and under current ownership since 2000, very well-known with regular customers and visitor boost. Specialising in gemstone jewellery – earrings, pendants, necklaces, rings and broches, along with collectible polished and rough stones – quartz, amethyst & pyrite to name a few. Income 2022 £59,621, Gross Profit approaching 60%, trading 3 day week, opening easy hours, being easily manageable, operated by 1 person, offering further opportunities.
Leasehold £25,000 sav Ref: MG035568N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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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