Craft retail warehouse in Sturminster Newton available for sale
Sturminster Newton, Dorset
- Status
FOR SALE
- Advert ID
645694
- Reference
HA36509R / Rightbiz
- Call Agent:
- Leasehold: £55,000
- Turnover: £211,316 (£4,064 per week)
- Profit: Not Applicable
Business Details
FABRIC, HABERDASHERY, & CRAFT RETAIL WAREHOUSE
Destination FABRIC, HABERDASHERY & CRAFT RETAIL WAREHOUSE with online shop, enjoying strong following and commanding excellent reputation. Occupying valuable easily accessible trading position within the sought after desirable NORTH DORSET town of STURMINSTER NEWTON, bordering the town centre, close to the Market Place, adjoining shopper car parks, adjacent offices and other popular businesses to include national retailers.
Huge spacious detached premises, more than 6,000 square feet, plus large 30 car customer car park which proves lucrative. Masses of retail/display space, includes main front retail area, further rear retail area, 3 offices/stores, additional store, staff and customer cloakrooms. Additional mezzanine floor offering 2 classrooms/workshops, staffroom, 2 further offices and storerooms. Ample space to grow business to include additional retail lines and development of online sales, also scope to sublet surplus space.
Established more than 30 years, drawing customers from a wide catchment area, appealing to all age groups, enjoying a great deal of repeat trade, reluctantly offered for sale to pursue retirement. Renowned for its comprehensive stock range of fabrics, wools, yarns, haberdashery items and accessories to include sewing machines. Producing and retuning consistent levels of sales and profitability, Sales 2025 £211,316 ex Vat, Gross Profit £129,448 equating to an impressive 61%, predominantly shop sales, online sales only approx. 10% offering further opportunities, owners working part time.
Leasehold £55,000 (Freehold Potentially Available) sav Ref: HA36509N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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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