Auction House

Price:

Leasehold - €0

Seller Ref:

SP6115L

Location:

Andalucia (includes Costa del Sol), Costa del Sol, Undisclosed

Business Type:

Service Businesses

See Other:

Auction rooms for sale in Andalucia (includes Costa del Sol)
Service businesses for sale in Andalucia (includes Costa del Sol)

Description:

THE BUSINESS:

Asking Price – 50,000€ (Leasehold) All Reasonable Offers Considered Established Auction House - Only One in the Area Very busy Second-Hand Retail Outlet Fantastic Opportunity 300m2 Storage and Display Rooms Self-Contained Office Outstanding Reputation with Wide-Spread Customer Base Potential to develop much Further Opening Hours - Mon, Tues, Weds & Friday: 10.00 - 14.00 & 16.00 - 18.00 Thurs & Sun: Closed Sat: 10.00 - 14.00 Large double industrial doors to front of unit, leading to inner porch. Front glazed double entrance with windows either side. To the right is an area currently used as snack bar for Auction days. Separate secure office with glazed sliding window, ideal as serving hatch if required. Phone, internet & electric points throughout. Remainder of this 300m2 unit is used for furniture display, clothing, books & greetings cards, plus the Auction podium. Ramp divides warehouse area in to two separate display areas. Separate toilet with wash hand facilities. There are removable steps leading to a 5m2 mezzanine above suitable for small storage area. The front area of the Auction House has a false ceiling and approx 60m of display shelving, wall display cabinets & many over head lights. The rear area is well lit with an older higher style ceiling, approx 35m of metal display shelving plus an area for a hairdresser, who currently works on Auction Days only. The building has four high level windows which all have security bars attached. The electrics are of the highest quality with a separate fuse for many different areas & facilities of the building. A speaker system is in place with microphones for Auction Days. The building and its safety measures i.e.: fire extinguishers, signage, etc have recently been approved by the local Town Hall. All certifications, licences and police verification process (legal requirement for second hand companies) are in place. This is the only licenced Auction businesses trading in this region of Spain that continues to grow in popularity with ex-pats not only from the UK & Ireland but from throughout Europe and Scandinavia. The business occupies an ideally located commercial unit on the very edge of the residential area of the town with good main road access, free parking and excellent walk-in trade, it has continued to develop and owing to customer demand, now offers fortnightly auctions of a wide range of goods including, furniture, electrical appliances, plant/machinery, home ware and almost anything else that its customers wish to put into the sale. Each Auction Sale attracts an average of 300 - 400 lots with lotting fees, reserve fees and commissions charged to both buyers and sellers generating a healthy income. A small cafe area offers welcome refreshments and supplements this. The business remains open during the week trading as a busy second hand retail outlet. There is an established customer database, established webpage & social network page, bespoke computer package and templates available to the purchaser of this business, which is fully licenced and has been trading for over five years. Although well established and with a well earned reputation, there is an excellent opportunity for growth especially if new owners were able to spend more time sourcing items for sale, offering house clearance services and collection/delivery services – all of these are currently outsourced to a team of contacts. At the moment the business is only open for 2 hours in the afternoon, this could easily be extended if required. For these reasons, this business would particularity suit a family or partnership operation; however the business premises are easily manned by one person. Viewing Arrangements Interested parties are advised that this is a confidential sale and as such members of staff at the premises may not be aware that the business is on the market. No direct approach to the premises should be made and all viewings should therefore be arranged through the vendor’s agents RTA. RTA will be happy to assist with flight and accommodation arrangements to facilitate a viewing and bi-lingual staff will be on hand when you arrive.