Business for Sale in CULLOMPTON, Devon JEWELLERY & GIFTS

Leasehold Price £10,995

Key Information

Reference
J36102N
Tenure
Leasehold
Status
For Sale
Region
Devon
Sector
Jewellers
Annual Sales
£35,162.00 Exc. VAT
Accommodation
No

Business Information

Attractive JEWELLERY/GIFT SHOP, offering affordable modern silver jewellery, situated within rapidly expanding MID DEVON town, occupying prime central CULLOMPTON town centre trading position. Fronting the main shopping, pedestrian, and vehicle throughfare, surrounded by other popular businesses, benefiting from on street car parking nearby, surrounded by residential areas, close major new housing developments, and access to M5 motorway network with EXETER only a short drive away.

Immaculately presented premises, no expenditure considered necessary, contains range of professional jewellery display cabinets installed at a cost of approx. £6,000. Provides contemporary retail area with service counter, useful office/kitchen/staff/storeroom which would prove ideal for repairs, with cloakroom facilities leading off. Enjoys minimal overheads, rent £70 per week, and zero business rates.

A popular business with own growing brand image, enjoying a strong local following with some visitor trade. Retailing a range of modern silver jewellery, predominantly rings, earrings, bracelets, necklaces, and some body jewellery, offers huge scope to increase products range such as watches, purses, and handbags, along with jewellery and watch repairs for which there is huge demand. Easily manageable, operated by 1 person, Sales 2023 £35,162, Gross Profit £20,346, all from 4 day week, and proving most profitable.

Leasehold £10,995 sav Ref: J/MG36102N  

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