Potential-Rich Freehold Jewellery Shop with Accommodation in Historic Rye for Sale
Rye, East Sussex
- Status
FOR SALE
- Advert ID
618354
- Reference
31166 / Rightbiz
- Call Agent:
- Freehold: £680,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- High Turnover
- Accounts Available
- Fully Fitted
- Town Centre location
- Established Business
- Attractive Business
- Prime Location
- Retirement Sale
Business Details
Freehold Jewellery Shop in Historic Rye
The property is situated in the ever popular and busy High Street in the historic town of Rye. Rye is a charming and historic town that offers a unique blend of old-world charm and modern amenities. Its picturesque streets, beautiful architecture, and proximity to the sea make it a highly desirable place to live. For retailers, Rye's thriving tourism industry and its reputation as a cultural hub provide high levels of footfall. The town's unique character and atmosphere attract visitors from around the world, making it an ideal location to run a successful retail business.
Business
Established in 1866 with only six owners in its history, this profitable jewellery shop specialises primarily in an eclectic mix of second-hand, vintage, antique and new jewellery. Currently operating with limited hours (10:30 am to 4:00 pm, Wednesday to Saturday), there is potential to expand these hours and introduce online sales. The business is currently managed by the sole owner with no staff. Full financial information is available to serious buyers.
Business Premises
The retail space measures 3.0m wide by 6.8m deep and features a counter and a collection of traditional display cabinets. Additionally, there is a separate office measuring 2.8m by 1.7m.
Accommodation
The residential accommodation can be accessed independently from the retail space which occupies most of the ground floor. A staircase leads to the lower ground floor, where there is a kitchen, bathroom, separate WC and lounge. Upstairs, the first floor features two double bedrooms, while the second floor offers two additional rooms. Many of the rooms boast expansive views across the Romney Marsh, overlooking Camber and beyond.
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Listing Statistics
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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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