PRICE NOW £550,000
The business as an art gallery and arts/crafts shop selling a range of paints and artists materials, as well as undertaking picture framing and the sale of original art work and prints from artists thorough out the United Kingdom.
There is a valuable online website www.gunnsgallery.co.uk which has approximately 6,643 images of art work to choose from.
We understand the turnover is approximately £120,000 per annum with a profit margin of approximately 47%. Accounts will be made available to those seriously interested parties who have inspected the property.
This is a genuine retirement sale by our client who has been in occupation for some 20 years and operates the business as a single proprietor with part time help if and when required.
The opening hours are to suit, during the busy summer months this is 7 days a week and during the winter months occasional weekends. The commercial shop, basement and storage room are also equipped with a burglar alarm.
The premises comprise of a substantial mid-terrace commercial property with two apartments, one on the first and one on the second floor and on the garden level there is a further one bed apartment currently utilized for storage purposes but easily reconfigured to provide owners accommodation.
Our clients currently let the two apartments but the property will be offered with full vacant possession of the upper floors and the going concern of the ground and lower ground floors providing a lucrative income.
EPC Rating G
Is accommodation included?:
In a prime tourist trading position almost directly opposite the main town hall in the thriving Exmoor resort of Lynton, which together with its sister resort of Lynmouth is often referred to as the little Switzerland of England.