Contemporary Jewellery Studio for Sale in Sheffield South Yorkshire
Sheffield, South Yorkshire
- Status
FOR SALE
- Advert ID
653314
- Reference
B09679 / Rightbiz
- Call Agent:
- Leasehold: £149,995
- Turnover: £200,000 (£3,846 per week)
- Profit: £100,000 (50% Profit margin)
Business Details
Design, Create, Shine – Contemporary Jewellery Studio
BusinessPlease quote reference B09679
CoGoGo is delighted to bring to the market a vibrant and modern jewellery destination that's redefining the traditional retail experience.
Located in the heart of Sheffield City Centre, this business combines a stylish jewellery boutique with an open, interactive workshop where customers don't just buy beautiful pieces—they create them. The business offers an extensive range of natural crystal jewellery, handcrafted gifts and bespoke commissions, alongside hugely popular jewellery-making experiences suitable for beginners through to advanced makers. Customers can design crystal bracelets, necklaces, earrings and phone charms, or take part in silver jewellery workshops where they learn professional techniques including shaping, soldering and polishing. Bespoke jewellery services, including engagement and wedding jewellery, provide an additional premium income stream.
The welcoming, experience-led concept has built an excellent reputation with individuals, couples, families, corporate groups and special occasions, including birthdays and hen parties, creating a loyal customer base and strong social media presence. This is a rare opportunity to acquire a profitable lifestyle business with significant scope to expand workshops, events, online sales and bespoke commissions.
Viewings to be arranged strictly by appointment only with CoGoGo!
Location
Occupying an enviable position in Sheffield City Centre, the business benefits from excellent footfall, surrounding retailers, cafés and city centre attractions, making it an ideal destination for both shoppers and workshop visitors
Premises
Well-presented leasehold premises featuring an attractive retail showroom alongside an open-plan jewellery workshop where customers can watch, learn and create. The premises are fully equipped for retail sales, jewellery-making courses and bespoke consultations, providing an engaging customer experience.
Tenure
Leasehold premises with an annual rent of £22,000. Further lease details are available upon request.
Hours
Current opening hours are:
Monday - 10:00 am to 5:00 pm
Tuesday - Closed
Wednesday to Friday - 10:00 am to 5:00 pm
Saturday - 10:00 am to 6:00 pm
Sunday - 10:00 am to 4:00 pm
Staff
Run by the owners with support from a small, experienced team.
Financial Profile
We are advised that the business generates an annual turnover of £200,000 with an impressive net profit of approximately £100,000.
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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.
Be safe, use a Rightbiz Solicitor
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