Hobby Shops for sale in Greater London

View the "Southwest London 150 year-old Art Supply & Stationary Business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons is the way to go and the one I recommend. 

C. McFarquhar (Apr 2017)
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Leasehold Price: £66,000
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Business Description
• Well-known stationery, art, craft, printing and framing business, established for 150 years

• A1 Retail shop of 1277 square feet in prime, high-income, Southwest London area

• Office area and staff kitchen to rear

• Storage area with convenience of deliveries to rear of shop stockroom/garage via the mews behind the shop; could be converted to garage

• Minimal on-line presence - clear opportunity to expand sales substantially

• Priced attractively - the site could be used for another business if desired

• For sale due to owners’ retirement

Due to the owners’ pending retirement, this long-established art & stationary supply business, well placed in a wealthy Southwest London area, is for sale with Transworld as exclusive agent. The large premises, over 1200 square feet, would be suitable for many businesses, and are priced with an attractive premium, so the site could be repurposed as needed. The current art and stationary business has turnover of over £300,000, and impressive gross profit margins of approximately 40%. So the existing business is also very compelling, with considerable room for expansion in sales. For example, there is currently no e-commerce website attached to the business, which could be easily added to increase turnover (and revenue) substantially. The business also has separate access to the rear of the shop, directly to the large storage area, which could be re-purposed in a number of ways, as needed- including as a garage, or commercial kitchen.

Prospective buyers are encouraged to contact Bo Scott of Transworld on 07452 960 217 or via email to BScott@TworldUK.com, to arrange viewing , or for any enquiries.

Statistics Summary:
Price: £66,000
Rent: £45,000 per annum
Business Rates: 13,576 per annum
Weekly Turnover: approx £6,000
Annual Turnover: Approx £310,000
Location: Southwest London High Street
Tenure: Leasehold

Listed by: Transworld Business Advisors

Find out more about this business opportunity.

 
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66661-96388
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