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Retail gallery specialising in Contemporary Art

Price:
Leasehold - £75,000
Turnover:
Register to view
Seller Ref:
AH124
Location:

East Sussex

Business Type:

Retail businesses

See Other:
Art galleries for sale in East Sussex
Other retail businesses for sale in East Sussex
Retail businesses for sale in East Sussex
Description:
THE BUSINESS:
Opened approximately ten years ago, this is a very well established, well-respected gallery specialising in Contemporary art. It represents a great number of local, national and international artists, spanning both up and coming talent and established, but not necessarily well known, figures in the art world.

Focussing on mainly abstract pieces, all of which are originals, at affordable prices, this is a well-organised business featuring artists that are successful and works of art that sell.
Location Details:
The gallery is located in a prominent location in Brighton. The gallery enjoys high levels of passing traffic, footfall and customer awareness. Leasehold, the Ground Floor premises are approximately 335 square feet. There are approximately eight years remaining on the current lease which commands a premium of £25,000 which was paid by the current Owner of the business and is in addition to the Asking Price. Rent is currently £14,000 per annum. Rates are slightly in excess of £8,800 per annum.
Lease Terms:
Rent is currently £14,000 per annum. Rates are slightly in excess of £8,800 per annum.
Trading Hours:
The gallery currently opens seven days per week – between 10.00 am and 6.00 pm, Monday to Saturday a
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