Art Gallery for Sale in Devon with Growth Potential and Established Clientele
Kingsbridge, Devon
- Status
WITHDRAWN
- Advert ID
632935
- Reference
INT3471 / Rightbiz
- Call Agent:
- Freehold: £695,000
- Turnover: £221,264 (£4,255 per week)
- Profit: £64,104 (29% Profit margin)
Business Details
Established & Thriving Gallery with Growth Potential in Affluent Town
This rare opportunity involves the acquisition of a long-standing and reputable art-focused business, well-established in a popular and affluent South West town. With nearly three decades of successful operation, the business is known for its high standards, loyal clientele, and far-reaching reputation.
Operating from a beautifully presented Grade II listed freehold premises, which includes on-site residential accommodation, the business offers a compelling blend of lifestyle and commercial potential.
Revenue is generated through regularly curated exhibitions, participation in major national art fairs, and a growing stream of online and remote sales. The gallery has a very loyal customer base, with many repeat buyers, including second-home owners and collectors, regularly purchasing directly from the emailed newsletter. The business represents a handpicked group of established and emerging artists, all working on a 50/50 sale-or-return basis.
Key marketing channels include Instagram, Facebook, and a monthly newsletter, though there is clear scope to expand the online presence beyond these platforms. The well-established website supports worldwide delivery and continues to grow.
Operated entirely by the owner, the gallery enjoys excellent footfall due to its central location in a thriving tourist destination. The premises include a spacious three-bedroom flat with estuary views, offering an attractive lifestyle and investment opportunity. Additionally, the property benefits from full planning permission to convert the first floor into a two-bedroom flat, providing further living space or rental income potential, complementing the existing residential accommodation.
The town is well-served by good local schools, making it particularly suitable for couples or families seeking to relocate and run a lifestyle business. There are also strong transport links, with convenient access by road and regular bus services.
The business is being sold due to the owner's retirement, with support offered during the transition.
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This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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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