Art Galleries for sale in Penzance

View the "Art Gallery/Shop business for sale in Penzance" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £10,000
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Business Description
The Alverton Gallery was established in Penzance ten years ago as a commercial art gallery/shop. Penzance, like most of West Cornwall, has a high profile in the art world and buyers come from all over the country. It also has a strong internet presence.

The gallery currently stocks a wide range of art, craft and jewellery, mostly from the rich selection of locally-based artists, and maintains a good standard of saleable items, neither too highbrow or too down-market.

The gallery is on the ground floor of one of Penzance's main shopping streets. It has a 3m window frontage but broadens out towards the rear providing a generous 115 sq m (1200 sq ft) of retail space, arranged in different areas which can be dedicated to the various art forms. The fittings include a specialist 'daylight' lighting circuit which shows off pieces to their best advantage.
At the rear is a large office/store area with an alternative rear entrance, currently including a kiln used by a local potter (not part of fittings). There are also two toilets.

The current lessee is changing direction and the business is for sale as a going concern. A new lease from September 2018 at a starting rental of £13,200 pa is available. The property benefits from full Small Business Rate Relief (based on rateable value) and currently pays no business rates.

The ingoing price is £5,000 ono to include all fixtures and fittings, enabling the business to continue without a break. Much of the stock has been supplied on sale-or-return and the remainder is available if required at valuation.

Alverton Gallery is the most diverse gallery in Penzance and represents an ideal opportunity for an art entrepreneur or small partnership with some business experience to build upon.

ALSO AVAILABLE First floor office/studio in the same building, 20 sq m of clear space, former uses have included a film company office and a yoga studio, rental £250 pcm

All enquiries to West Cornwall Home Office, 5a Alverton Street, Penzance TR18 2QW 01736 361269 wcho@btconnect.com
Tenure: Leasehold

Location Details:
Alverton Street is the western part of the main thoroughfare through the town, TR18 2QW

Find out more about this business opportunity.

 
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PAX01302422783
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