Art Galleries for sale in Hebden Bridge

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 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £14,950 Price Reduced Turnover: £85,800 Gross Profit: £33,500
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Business Description
BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular art gallery business, situated in a prime location in Hebden Bridge, West Yorkshire. The business was established by our clients in 2005 and is only now being offered to the market due to our clients desire for a well-deserved retirement. The business currently operates at a pace to suit our clients at just 4 days per week, generating a turnover in the region of £86,000 per annum, with a gross profit of approximately 40%.

The art gallery offers exhibitions and the sale of fine art and currently are exhibiting the work of 40 artists. Commissions on the sale of the artists’ work are approximately 40%, as well as sales of the owners work. Our clients currently have a database of around 600 customers and all the exhibitions are changed on a regular basis. A new owner can apply to join the Own Art Scheme, which our owners presently benefit from.

We feel the turnover could be increased by extending the number of artists’ being exhibited and by target marketing potential customers. A new owner could also extend the opening hours of the business and trading 7 days per week.

This is an excellent opportunity for a new owner to take this thriving art gallery to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
The Calder Gallery occupies substantial ground floor premises, ideally located in the market town of Hebden Bridge, West Yorkshire. The gallery is surrounded by a wealth of complimentary shops and businesses including cafes, a bookshop and supermarket, therefore benefitting from a high volume of footfall and passing trade. The business further benefits from on-street parking directly to the front of the premises. The town is very popular with tourists and visitors to the area and is an attractive place in which to live and work.

Hebden Bridge is a market town in the Upper Calder Valley in West Yorkshire. The town has a residential population of approximately 4,500. The Arts Festival and Fringe Arts Festival take place every year at the end of June and are hugely popular, as are the Egg Pace plays at Easter time. The nearby Hardcastle Crags is also very popular with a beautiful wooded valley with streams and a carpet of bluebells in the spring.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Hebden Bridge railway station is approximately 10 minutes walk away. The area is also well-served by the A-roads, with the business being located on the A646, which links to the national A-road and motorway networks. Huddersfield is approximately 14 miles away and Burnley is 11½ miles away.

PREMISES
Ground floor retail premises set over split levels, briefly comprising:

Window display.

Large sales and display area.

Small serve over counter with electronic cash register and credit/debit card terminal.

Display racking and shelving throughout.

Modern lighting system.

Porcelain flooring to lower floor.

Solid wooden flooring to higher floor.

The property, furnishings and fittings are to a very high standard.

Kitchenette with sink and units.

WC.

2 x storage cupboards.

External:

Good clear signage.

Public car parking within the area.

TENURE
We are advised Leasehold:

New lease to be negotiated.

Suggested rent: £275 per week.

HOURS
The business is open:

Monday – Wednesday: Closed

Thursday – Saturday: 10.00am – 5.00pm

Sunday: 11.00am – 5.00pm

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
The business generates a turnover in the region of £86,000 per annum, with a gross profit of approximately 40%.



Tenure: Leasehold

Listed by: Hilton Smythe
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