Business for Sale in Holt, Norfolk - GIFT & HOMEWARE SHOP - HOLT, NORTH NORFOLK - Leasehold: £49,950

Key Information

Ref
HA33750E
Type
Retail Businesses: Homeware Stores
Location
England: Norfolk
Tenure
Leasehold
Status
Sold
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We are delighted to bring to the market for the first time in over 25 years this long-established businesses situated in a prime position in the centre of the very desirable North Norfolk town of Holt. Being very well regarded by all that enter it is no surprise that the shop has enjoyed the odd royal and celebrity visitors in the past! Having a customer base of both locals as well as the many tourists that visit the area, including many repeat and returning ones, means that the business enjoys a year-round trade and is not dependent just on the summer season.

This represents an ideal opportunity for someone looking to acquire a solid long-standing business in one of the best locations in the region. Alternatively, there is the possibility of acquiring these premises and changing the use to suit a different business need.

THE BUSINESS ITSELF

Opened back in 1999 the House and Garden Shop has become a mainstay of Holt’s busy High Street and Market Place attracting people to it from all over the country and even further afield. The shop is a delight of individual pieces, ideal purchases for birthday or wedding gifts but also to adorn one’s own home and garden. With a collection of items from lamps, cushions, clocks, frames, furniture, mirrors, crockery and such like it is easy to see what draws the passing public inside. With a price range from £5-£500 there is something to suit everyone’s budget giving the shop a nice feeling of being classy and upmarket whilst being inclusive to all.

Stocking desirable wholesale brands such as ‘Terrace & Garden’, ‘Isabelle Avenida’ and ‘Authentic Models’ which are found in very few other places, customers come to the shop to see the items rather than buying on line, particularly as pricing is kept competitive with the internet.

With a turnover of c.£130k pa the business boasts a strong net profit margin whilst offering scope for someone new to add their own ideas to develop things further. The vendors will of course be prepared to provide a full handover of existing suppliers and contacts as well as details of trade shows where they purchase from to the new owners. There would though also be a clear benefit to someone who produces their own range of gifts or such like to display and sell to what one could say is a captive and motivated audience.

ACCOMMODATION

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.
This beautifully presented traditional shop benefits from a full height display window with new canopy over offering the ideal spot for people to stop and look before being drawn inside to browse further.

Set over two floors, at ground level you will find the shop showroom with original timber flooring and wall panelling with a range of shelving, cabinets and furniture displaying the many pieces that the shop has to offer. To the rear of the shop there is a staircase leading to the lower ground floor level and an area for the counter and till. This floor also benefits from a hot/cold air-conditioning unit.

Moving downstairs is an additional showroom again with a beautiful range of pieces stylishly presented to tempt customers into making a purchase. The hallway leading to the rear stockroom again provides an opportunity to display further items all the time making best use of the space without the feeling of there being too much in there. In the stockroom is a small kitchen set up including sink and in a separate room next door is the W.C.

The layout, character and charm of the property would seemingly make it an ideal home for this type of business and so we would strongly recommend a viewing to appreciate in full what is on offer here.

Copyright © EM & F Group Limited 2018 - Company No: 03035561 - VAT: 631 4000 02