Retirement sale of well-established (50 years), thriving art gallery based in Southsea, Hampshire. The gallery offers a bespoke framing service, local art, a full range of art supplies and unique, design-led gifts. The business has a strong reputation, both within the local community and further afield. While benefitting from a high volume of footfall, the gallery also serves an established base of regular customers. There is wide scope to increase trading and turnover, such as through further developing an online presence, growing trade framing services or extending opening hours.
The framing department works to the highest standard, using conservation materials throughout, and is renowned for quality. This has led to a very loyal client base, which is ever-increasing due to word of mouth recommendation. The current owners have invested heavily in the latest technology, resulting in high efficiency and excellent profit margins.
The gallery sells original artwork, limited edition prints and open prints, 3D art and design-led gifts. Almost all the artwork is produced by local artists, making the work and gallery unique. It is the only gallery within the area selling a full range of art supplies, including leading brands such as Winsor & Newton and Daler Rowney.
The business is well presented throughout and is being sold with all fixtures and fittings, so no additional funds are needed for modernisation. This is a business offering an internet-proof service, giving it rare security as a retailer in the current age. Full training and support will be provided if required after sale completion. The property is leasehold and the landlord will offer a new 10 year lease.
Unique location with high volume footfall in busy coastal town