Business for Sale in OTTERY ST MARY, Devon PICTURE FRAMING STUDIO & ART GALLERY

Key Information

Reference

AC35657N

Tenure

Freehold

Status

For Sale

Region

Devon

Sector

Picture Framing Shops

Annual Sales

£25,635.00 Exc. VAT

Accommodation

No

Business Information

Renowned PICTURE FRAMING STUDIO & GALLERY, reputed to have been in existence some 45 years, situated in the popular EAST DEVON town of OTTERY ST MARY, benefiting from being easily accessible. Occupying valuable trading position, situated opposite Sainsbury Supermarket with its free car park proving lucrative, customers attracted by easy drop off and collection. Surrounded by other popular businesses, the busy ‘Square’ close by together with residential areas.

Character premises extending over 2 floors, providing ground floor reception/consultation area to the front, and gallery area to the rear. First floor framing studio/workshop, offering a number of workstations, containing a range of equipment, and providing storage. The first floor also provides an office together with staff kitchen and cloakroom facilities.

Popular well known business, under current ownership last 15 years, some 90% of trade relating to framing, well known with a reputation for being able to frame anything, attracting local trade and from further afield to include artists. Currently operated on a lifestyle/semi-retirement basis, only trading 3½ days each week, ensures ample work in hand at any one time. Income 2022 £25,635, has been considerably higher when operated on full time basis with Income in excess of £60,000, impressive 81% Gross Profit margin.

Freehold £143,000 sav Ref: AC35657N