Business for Sale in SIDMOUTH, Devon GIFT & JEWELLERY SHOP

Key Information

Reference

MG035668N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Gift Shops

Annual Sales

£44,374.00 Exc. VAT

Accommodation

No

Business Information

Niche GIFT SHOP, sought after EAST DEVON coastal town, situated within desirable SIDMOUTH, occupying valuable town centre trading position, fronting the main pedestrianised shopping thoroughfare of Old Fore Street, leading to the market square and esplanade/beach. Surrounded by other popular businesses to include national retailers, other complementary businesses and catering establishments, ensures masses of pedestrian foot flow.

Attractive eye catching premises, benefiting from favourable overheads, rent only £145 per week, and qualifying for 100% business rate relief. Valuable display window, very well maintained and presented retail area complete with masses of display cabinets, service counter.

Business established and under current ownership since 2000, very well-known with regular customers and visitor boost. Specialising in gemstone jewellery – earrings, pendants, necklaces, rings and broches, along with collectible polished and rough stones – quartz, amethyst & pyrite to name a few. Income 2022 £59,621, Gross Profit approaching 60%, trading 3 day week, opening easy hours, being easily manageable, operated by 1 person, offering further opportunities.  

Leasehold £25,000 sav Ref: MG035568N