Well Established Haberdashery, Wool & Craft Business
Price:
Leasehold - £7,500
Location:
East Sussex, Eastbourne
Business Type:
Retail businesses
The sale represents a rare opportunity to acquire a well-established haberdashery, wool and craft shop in a unique setting within this sought after Sussex coastal town. In the same family ownership for over 20 years, the shop has a loyal following of regular customers and has enjoyed considerable year-on-year growth due to the increasing popularity of home crafts. This easily run, profitable business is offered for sale due to the retirement of the owner.
The shop enjoys an excellent trading position within the Enterprise Centre, Eastbourne.
The Enterprise Centre is one of the most prestigious retail locations in Eastbourne, with a diverse mix of quality independent retailers. The centre has become a true success story in recent years, with a high level of occupancy and over 50,000 customers each month. It enjoys a very central location immediately adjacent the mainline railway station and has excellent parking facilities.
The business is being sold with the benefit of the remainder of a 2-year inclusive licence, which commenced in March 2010.
The weekly rent of £366.20 is fully inclusive of business rates, water rates, insurance, communal cleaning and maintenance, refuse collection, security and administration.
In addition there is a group advertising contribution equivalent to 2.5% of the rent, with a reciprocal 25% contribution made by the centre towards any independent marketing spend.
North Yorkshire
£ 750,000
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