Gift shop for sale in St Andrews, Fife with a prime retail location since 2003
Saint Andrews, Fife
- Status
FOR SALE
- Advert ID
635831
- Reference
1761 / Rightbiz
- Call Agent:
- Leasehold: £45,000 (Stock at valuation)
- Rent: £42,500 (£3,542 per month)
- Turnover: On request
- Profit: On request
Business Details
An outstanding gift shop occupying a 100% prime retail pitch in St Andrews (ref 1761)
*** PRICE REDUCED ***
Exceptional gift shop business. 100% prime trading location in the heart of St Andrews since 2003. Retirement after long term ownership. Well established business offered in walk in condition. Easily run lock up premises. Exceptionally profitable. Current rent £42,500. Internal size 58 sq. m. Outstanding business in honeypot tourist town.
LEASEHOLD Guide price £45,000 plus stock at valuation.
This superb business opportunity is located in the world-renowned town of St. Andrews in the northeast corner of Fife. The town is best known as ‘the home of golf’ with seven courses in and around the town. St. Andrews sits south of the city of Dundee and close to the tourist haven and picturesque towns and villages of the East Neuk of Fife.
St. Andrews is also well known globally for its university, inextricably linked as the meeting place of the Duke and Duchess of Cambridge.
Much of the town’s economy is geared around the student population as well as the golf tourists who come to this attractive corner of north-east Fife throughout the year.
The Gift Gallery has been in our clients long term ownership since 2003. Our clients have made the tough decision to sell the business as they consider their retirement.
The business is firmly established in St Andrews, trading for over 20 years. It enjoys one of the prime trading pitches toward the eastern end of Market Street, the main street in this busy town centre. This allows the business to benefit from the increased footfall. The shop offers an eclectic mix of gifts, giftware, pictures and prints, attractive jewellery, bags, toys, ornaments, teddy bears, and candles etc.
The Gift Gallery offers new owners a well-established and quality opportunity, trading from an enviable location in this busy town.
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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.
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.
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