Haberdashery Shops for sale in Sutton Coldfield

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Well Established Fabric,Wool & Haberdashery Shop

Sutton Coldfield, West Midlands, England

  • Leasehold Price: £170,000
Seller Reference: UNI844
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: UNI844
Request Details
Business Description
Unique welcomes to the market FABRICA.

This creative fabric, drapery, textile, yarn, and haberdashery emporium was founded by our clients in 2013 after almost 40 years trading at another location and is very well supported by the local community.

The business is now reluctantly coming to the market due to retirement.

Since establishing the business our client has seen year on year growth and now reports a healthy turnover.

Revenue is derived from the sale of modern, quality textiles, dress and quilting fabrics, furnishing/upholstery/drapery fabrics, knitting yarns, knitting accessories, patterns, trimmings, and haberdashery items to meet the creative needs of sewing and knitting enthusiasts in the region and on the internet.

There are over 1000 different buttons on display on the famous Fabrica button wall (see photos).

The industry has seen a massive rise in demand due to lockdown.

The shop is beautifully presented throughout with a huge selection of stock clearly displayed. (See photos).

Our client has completely refitted the premises to an extremely high standard and the space presents a very relaxed and friendly atmosphere.

Advertising is predominantly via the business’ informative website www.fabricauk.com, Facebook, Instagram, and a mailing list of over 1600 customers with data growing exponentially every week.

Our client has an established e-commerce function, which was launched in 2019 and has seen great results. We believe this will take this already expanding business to the next level. Product sales are featured on Amazon, Etsy, and the Fabrica Website, with a worldwide sales reach.

This is an exceptionally well-presented business, with a good client base, ready for a new owner with the same passion and drive as our client to continue this expanding enterprise. There is plenty of opportunity for expansion via such enterprises as classes, repairs, making and obviously longer opening hours and sponsorships etc.

Early viewing comes highly recommended.

Location

FABRICA occupies 2 double fronted premises, directly facing Costa Coffee (3.5 metres), ideally located in The Lanes Shopping Centre, Wylde Green, within the town of Sutton Coldfield in The West Midlands, alongside such names as Spar, Sainsbury’s, Costa Coffee and Boots, with easy access to Birmingham and junction 6 of the M6.

The properties occupy a prominent position with private parking to the rear with 2 dedicated parking spaces and 2 rear access doors.

FABRICA is a destination store and further benefits from a high volume of footfall and passing trade, as well as free car parking facilities facing the premises.

FABRICA is on local schools recommended list.

The area of the business is well served by the public transport system, with several bus stops and a train station within easy walking distance of the properties.

Premises

Well maintained premises with bespoke, eye-catching signage.

Entrance door and separate Exit door, with window display areas to both sides. Perimeter and centre racking and shelving units with displays of dress making fabrics, hobby & craft fabrics, zips, buttons, patchwork squares, furnishing fabrics, upholstery fabrics, sewing, knitting yarns, accessories and much more. Including such high-profile names as Sirdar, Style craft, King Cole, Prym, Gutermann, Moon, Crafty, Fryetts, Nutex, Debbie Shore, Peter Horton, Kimgary, The Craft Cotton Company, Chatham-glyn and Sew Cool amongst many others.

There are 2 cutting and measuring tables and a pattern browsing table with seating,

2 display counters and 2 cash registers.

There are 2 WC’s and 2 kitchen areas. A separate office and a separate stock room.

The sale also includes:

2 Cash registers

Alarm system

CCTV system

All shelving and Slatwall

Retail Equipment

2 Cutting tables.

Browsing table.

2 Counters

Castor fitted trucks.

Etsy

Amazon

Website

Facebook

Instagram

Tenure

We are advised that the business is being sold on a Leasehold basis, with 2 years remaining on the 5-year lease. The rent and service charge are currently £23,500 P/A and the business has £0 rates payable.

Hours:

The business is currently trading:

Monday - Closed.

Tuesday - 10:30am - 4:30pm

Wednesday - 10:30am - 4:30pm

Thursday - 10:30am - 4:30pm

Friday - 10:30am - 4:30pm

Saturday - 10:30am - 2:00pm

Sunday - Closed.

Financial Profile:

Full financials can be made available upon further request.

FABRICA is not your average high street haberdashery store by any stretch of the imagination. With a stock value of over £100,000 we feel that this business really does cater for even the most demanding part time dress maker, professional seamstress, reupholsterer or interior designer.

Our customers include Maurice Whittingham (designer), Harper’s Dry Cleaners, local knitting and quilting groups, Highbury Theatre, Inspired Collections and Edge Menswear to name but a few.

Please call or email for further information or to arrange a meeting with the vendors.

PLEASE DO NOT CONTACT THE VENDORS DIRECTLY.
Trading hours:
Mon - Sat 10 -430
Number of employees:
5
Tenure:
Leasehold
Location Details:
Fantastic town centre location with free parking
Leasehold Term:
5 year renewable lease £1,100 P/M No rates
Listed by:
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