Antique shop for sale in Hythe Kent with extensive stock and growth potential
Hythe, Kent
- Status
FOR SALE
- Advert ID
652823
- Rent: £12,000 (£1,000 per month)
- Turnover: £360,000 (£6,923 per week)
- Profit: £150,000 (42% Profit margin)
Key Features
- Accessible location in town centre
- Affordable rent and expenses
- Antique and art-focused business
- Antique and vintage items
Business Details
Antique shop for sale
Discover an exceptional opportunity with this well-established antique business, boasting a remarkable stock valued at over £400,000. Situated in a prime high street location with convenient off-street parking, this establishment benefits from heavy foot traffic in a vibrant area renowned for its interest in antiques. The business has been successfully operating for eight years and has cultivated a strong reputation for quality and authenticity.
The ambience of the shop is enhanced by charming vintage lighting and art displays, creating a welcoming atmosphere that invites customers to browse the extensive collection of unique antiques, which includes exquisite furniture, glassware, and decorative items. This spacious venue offers potential for expansion, with available space to accommodate additional inventory or display setups.
Additional Highlights
Alongside its extensive offerings, the business presents several noteworthy features:
- An accessible town centre location, close to popular restaurants and supermarkets
- All fixtures and fittings included in the sale
- Impressive stock and high-value assets available
- Established local presence with a loyal customer base
- Online presence with potential for growth in online sales
- Low operational costs and affordable rent
- Secure storage facilities and display solutions
- Profitable revenue potential and strong profit margins
- Residential accommodation options as the upstairs five-bedroom flat is currently vacant, which could cover the cost of the shop rental if let
Owner Transition and Support
The current owner is retiring after eight successful years and is prepared to offer training opportunities to ease the transition for new owners. With no local competition, this antique business presents a rare opportunity for someone looking to step into a legacy with established goodwill and a steady flow of customers.
In summary, this antique shop is not just a business; it is an invitation to tap into the growing market for unique vintage items in a thriving town centre. With all necessary support and a solid foundation already in place, this venture promises both financial rewards and the joy of working with beautiful antiques.
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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.
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