Business for Sale in WEYMOUTH, Dorset GIFTS, SOUVENIRS, BEACH GOODS & FANCY DRESS

Key Information

Reference

MG35893R

Tenure

Leasehold

Status

For Sale

Region

Dorset

Sector

Gift Shops

Annual Sales

£160,826.00 Exc. VAT

Accommodation

No

Business Information

Seafront GIFT/BEACH/SOUVENIR & FANCY DRESS SHOP, overlooking WEYMOUTH’S famous sandy beach. A very valuable and lucrative trading position where retail units rarely become available and where premiums can be obtained for empty premises. Stunning outlook overlooking the Esplanade (part of SW Coastal Path), King George III statue, and Weymouth Bay. Forming part of a parade, nestled amongst other businesses, abutting the towns main shopping thoroughfare, close guest houses and hotels, with coach drop off points and bus stops immediately outside, the marina, harbour and other attractions only a short walk.

Particularly spacious premises, approaching 2,000 square feet, offering covered front display forecourt, spacious ‘L’ shaped retail area with high ceiling, useful lower ground floor offering masses of storage together with kitchen and cloakroom facilities, and also benefiting from rear delivery entrance. Enjoys favourable overheads despite size and trading position, currently receiving 100% business rate relief.

A famous destination business, in particular for its fancy dress, established in excess of 40 years with only 2 owners during this time, being under current ownership last 10 years. Enjoys all year-round trade from local residents and the masses of visitors and holidaymakers to the town, with substantial trading boosts experienced during the summer months, Halloween, New Year, and from visiting cruise ships. Sales 2023 £160,826 ex Vat, Gross Profit £69,137 (43%), well organised, regular suppliers, easily manageable, handover available if required, scope to introduce other retail lines with the premises holding an alcohol licence.

Leasehold £29,500 sav, Ref: MG35893R