Craft Shops for sale in Bideford

View the "CRAFT, FABRIC AND HABERDASHERY BUSINESS WITH ESTABLISHED TRADE" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Y. MacGregor (Nov 2017)
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Leasehold Price: £13,950 Annual Net Profit: £15,000
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Business Description
* Trading from a prominent double fronted shop unit
* Turn key operation with many repeat customers
* Operating 6 days per week, 9.30am - 4.30pm
* Also offering bespoke curtain services
* Currently operated by one owner plus 1 / 2 part time staff

LOCATION
Bideford is the administrative centre of the Torridge area and has a static population in the order of 13,000. Barnstaple, the sub-regional centre of North Devon, lies approximately 9 miles to the east, with access along the North Devon Link Road to the M5 at Tiverton. Barnstaple has a static population in the order of 25,000 with a shopping catchment population of 141,000.

THE SITUATION
The property is situated within the pedestrianised area known as Mill Street, adjacent to the entrance to the town's High Street, it is located close to WH Smith and Co-Operative Food. Other operators in the immediate vicinity include Barclays Bank and TUI Travel Agents. Mill Street has undergone considerable investment of recent years including mixed residential and commercial development schemes.

THE PROPERTY AND CONSTRUCTION
Being a double fronted shop unit, the premises is fitted with assorted display shelving, racking, service counter / cutting table plus a rear stockroom. There is shared kitchen and toilet facilities within the building

THE PROPOSAL
Our client is inviting offers for the Leasehold interest. We understand the Landlord will grant a new lease, with the lease term by negotiation.

THE BUSINESS
The business was established by our clients during 2013 and in 2015 she moved the business to the larger shop unit that the business trades from today. Operating 6 days per week 9.30am - 4.30pm the business is run by our client plus 2 part time members of staff (one undertaking 1 day and one undertaking 2 days). Main lines include craft supplies, fabrics, wools, cottons, haberdashery as well as our client offering bespoke curtain services. Suppliers to the business include Clarke Clarke. The current owner is prepared to offer her services for curtain making should new owners desire. Net profit for the past 3 years has provided an average of £15,000.

THE STOCK
Any current stock to be purchased at valuation upon completion, estimated £28,000 - £30,000.

THE INVENTORY
The property is sold with an inventory of trade fixtures, fittings and equipment.

VAT
Payable, if applicable, at the prevailing rate.

ENERGY PERFORMANCE CERTIFICATE
Please contact the agents for a copy of the Energy Performance Certificate and Recommendation Report.

THE ACCOMMODATION (comprises)

SHOP UNIT
22`6 x 20`1 (6.85 m x 6.10 m) GIA 452 sq.ft (42 sq.m) Double fronted shop unit with prominent window display, false ceiling, strip lighting, carpet tiles, assorted shelving, racking, displays, cutting table, till

STOCKROOM

TOILET (shared with office occupiers above)

KITCHEN (shared with office occupiers above)

Commercial Funding

Having been in the trade for many years we have established good connections in the finance sector. Our association with these Banks and Commercial Brokers mean that we are able to offer you introductions to competitive finance packages, for a new purchase or refinance purposes alike. Whether it is initial advice on your likely purchase level or if you are at the point of making an offer, you will often be able to achieve preferential rates, possibly saving you thousands of pounds. Please call for more information.

IMPORTANT NOTICE
JD Commercial for themselves, and for the Vendors of this property whose Agents they are, give notice that:
1. The Particulars are set out in general outline only for the guidance of intending purchasers and do not constitute part of an offer or contract. Prospective purchasers should seek their own professional advice.
2. All descriptions, dimensions and areas, references to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct, but any intending purchaser should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3. No person in the employment of JD Commercial has any authority to make or give any representation or warranty whatever in relation to this property or these particulars nor to enter into any contract relating to the property on behalf of JD Commercial, nor into any contract on behalf of the Vendors.
4. No responsibility can be accepted for any expenses incurred by any intending purchaser in inspecting properties which have been sold, let or withdrawn.

PROPERTY MISDESCRIPTIONS ACT 1993
1. All measurements are approximate.
2. While we endeavour to make our sales particulars accurate and reliable, if there is any point which is of particular importance to you, please contact JD Commercial and we will be pleased to check the information for you, particularly if contemplating travelling some distance to view the property.
3. We do our utmost to comply with this Act in full. However we are also trying to represent our clients’ properties in their high possible light, as such we may use summer photographs to promote some properties.

VIEWING
By strict appointment through the selling Agents, JD Commercial, 42 Ridgeway Drive, Bideford, North Devon. EX39 1TW
TEL: (01237) 424053 / 07868 846357 E-MAIL: sales@jd-commercial.co.uk
Tenure: Leasehold

Downloadable Documents

Listed by: JD Commercial

Find out more about this business opportunity.

 
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