Business for Sale in Norwich, Norfolk Commercial Photography Business

Leasehold Price £195,000

Key Information

Reference
M35734E
Tenure
Leasehold
Status
For Sale
Region
Norfolk
Sector
Photographers/photo Shops
Rent Payable
£35,000 per annum.
Business Rates
£2,650.94 per annum.
Accommodation
No
  • Exciting & Interesting Opportunity
  • Highly Regarded
  • Specialising in Studio Photography
  • Videos, Ads, Studio Hire, Website Hosting
  • Very Well-Appointed Offices & Studio
  • Long Established
  • Lots of Repeat Corporate Clients
  • Bespoke Room Sets Created
  • Hi-Res Scanning & Printing of Fine Art
  • Huge Array of Equipment & Set Props

Business Information

Coming new to the market we are delighted to present to you this exciting and very interesting opportunity to acquire this long established and highly regarded commercial photography business. Ideal for someone with a passion for photography looking to venture into this sector or equally for an existing company looking to expand their offering and client base.

Such businesses do not come to market often, particularly one which presents so well in all aspects and so we would expect see significant interest in it. Full details can be provided upon request however we would urge you to contact us at your earliest opportunity to register your interest.

THE BUSINESS

Established by the owner some 20 years ago the business has gone from strength to strength and now enjoys a strong and prestigious client base who provide regular repeat orders.

Whilst predominantly shooting photos for brochures, websites and other marketing material and providing bespoke room settings in their in house studio, they also offer many other services such as video production, 360° spins, designing of artwork, website design and hosting, T.V advertising, studio hire, location and fashion shoots and much more. Of note also is the Hi-Res scanning and printing of fine artwork and larger items.

The work is varied, interesting and exciting and can be studio, office or on location based, offering a great deal of enjoyment whilst at the same time being very profitable.

PREMISES

The premises are one of the big selling points to the business being presented in excellent condition and providing an ideal working environment. Situated on the outskirts of Norwich City centre with good access, the property was acquired from new by the owner and they have since designed and fitted it out internally to a very high-standard.

To the front of the building there is adequate space for at least 12 vehicles and so plenty of parking is available for both staff and clients. Through the main entrance door you will find a well appointed reception area with desk, sofa, male and female toilets, stairs up and doors through to the studio and rear office. Whilst there is space in the office for a spare desk it is mainly used for storage as the main working areas are upstairs. This room also leads through to the modern fully fitted kitchen with built in hob and oven. As well as for staff use the kitchen is also utilised for preparation for food and drink photo shoots.

Moving upstairs there is a large owners office with meeting table, wall mounted T.V and en-suite shower room which can also be used as a changing/make up room for models. There is also a door leading onto the balcony which overlooks the studio. Across the landing through to the main open-plan office, which is split level and has multiple desk spaces and again is very well presented. Steps lead up to the upper working area which has doors off to the purpose built editing suite and to a separate storage room.

Back downstairs and into the studio. This is an excellent work area with a double height ceiling of approximately 7 metres and with an up and over roller door, to enable access for vehicle photography and allow delivery vehicles to unload. The main area is around 11 metres wide and is equipped with an infinity curve with an all white floor and backdrop and a movable curved floor standing reflector of approximately 7x2.5m. There is a purpose made top light as well as a floating ceiling/reflector of around 7x3m in size. In the studio also is the large hi-res digital scanner as well as lots of space to store equipment and materials including a 3 level prop store to the rear. The loading area also benefits from a high glide system so that you can have multiple shoots being carried out at the same time if so needed. Overall the property extends to around 4,100sqft of very well laid out space.

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ADDITIONAL INFORMATION

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL INFORMATION: In order to release further information on the business – such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

REFERENCE NUMBER: M35734E.

OPENING HOURS: 8:30am to 5:00pm Monday to Friday. Closed Saturday & Sunday.

TENURE: Leasehold.

The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease.

RENT PAYABLE: £35,000 per annum.

RATES PAYABLE: £2,650.94 per annum.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: 3 full-time, 1 part-time at the time of instruction.

EPC: The Energy Performance Certificate for the property shows a ‘D’ rating and a score of 87. Full Energy Performance Certificate is available on request.

PRICE: £195,000 + STOCK AT VALUATION.

For the benefit of the leasehold, goodwill of the business, fixtures, fittings and equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

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DISCLAIMER

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

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East Anglia

Your Regional Director Chris Ruggles

EM&F East Anglia

116 - 118 Prince of Wales Road
Norwich
Norfolk
NR1 1NS