Business for Sale in EXETER, Devon LIFESTYLE STORE

Leasehold Price £35,000

Key Information

Reference
MG35423N
Tenure
Leasehold
Status
For Sale
Region
Devon
Sector
Gift Shops
Annual Sales
£105,244.00 Exc. VAT
Accommodation
No

Business Information

Renowned LIFESTYLE STORE, offering GIFTS, also undertaking PICTURE FRAMING, occupying eye catching EXETER CITY CENTRE trading position, situated within destination shopping area popular with independent retailers and other businesses. Fronts busy pedestrian and vehicle thoroughfare, benefiting from pay and display on street car parking, main shopper’s car parks and High Street with national retailers only a short walk away.  

Deceptive premises extending to the rear some length and over 2 levels, enjoys favourable overheads, rent only £166 per week, and receiving 100% business rate relief despite City Centre trading position. Offers character split level ground floor retail area, fitted and presented to high standard, complete with staff kitchen & cloakroom facilities. Lower ground floor picture framing studio, comprising 2 inter-connecting rooms, comprehensively equipped, the equipment commanding a substantial replacement cost.

Established some 13 years, well known throughout the area, commanding a strong following. Offering an eclectic range of gifts for the individual and the home, offering a picture framing service. Sales 2022 £105,244 ex Vat, Gross Profit £46,349 (44%), low day to day overheads ensuring a profitable business, being easily manageable, and can be operated by 1 person, offers scope to build on the current levels of trade through additional retail lines and promotion of the framing side of the business.

Leasehold £35,000 sav Ref: MG35423N  

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