Gift shop for sale in Cheddar Somerset located in Cheddar Gorge with high foot traffic.
Cheddar, Somerset
- Status
FOR SALE
- Advert ID
647529
- Reference
VR420S / Rightbiz
- Call Agent:
- Leasehold: £49,000 (Stock at valuation)
- Turnover: £310,000 (£5,962 per week)
- Profit: £50,000 (17% Profit margin)
Business Details
CHEDDAR GORGE GIFT SHOP
LONG ESTABLISHED
RARE OPPORTUNITY IN THIS LOCATION CLOSE TO THE PUBLIC CAR PARK
SPACEOUS AND OPEN RETAIL SPACE
SALES FYE 2025 circa £310,000
CURRENTLY RUN UNDER MANAGEMENT
COMFORTABLE NET PROFIT
Cheddar at the foot of the Mendip Hills needs no introduction and the world famous Gorge and Caves attract many thousands of visitors throughout the year as well as walkers, climbers and potholers.
The area is a National Nature Reserve. And as well as attracting visitors in its own right Cheddar is frequently on the itinery for international visitors on coach tours which often take in the Cathedral City of Wells – some 8 miles away, and the World Heritage Site of Bath – approximately 25 miles away.
LEASEHOLD – £49,000 plus SAV
REF VR420S
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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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