Jewellers for sale in Crediton

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Crediton, Devon, England

  • Leasehold Price: £85,999  Price Reduced arrow_drop_down
  • Annual Turnover: £111,669
Seller Reference: KBT42858
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Business Description
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Seller Reference: KBT42858
Request Details
Business Description
• Well established and highly lucrative jewellers for sale, accomodation above could be negotiated
• Advise turnover of £111,669 with ANP of £46,568
• Fantastic location on an extremely busy high street in a densely populated area with strong foot fall and steady business throughout the year
• Fixtures & fitting included. Plus SAV.

Ref. 42858 Well established jewellers for sale for sale in a delightful part of the country. Continuous trading for over 25 years. Extremely lucrative business with fantastic potential. Advised T/O of £111,669 with ANP of £46,568. For sale due to retirement. Leasehold

Genuine opportunity to acquire a well established and profitable business in the delightful and picturesque Devonshire town of Crediton. V E Barker Jewellers has been successfully trading in the local community for the past 20 years, and has earned an excellent reputation. The business is known for providing quality goods and services at extremely competitive prices. The current owner prides themselves on their quality of service, which is reflected in the high level of loyal and retuning customers.

Located in the north-west of Exeter on the A377 Barnstable road, Crediton is one of Devon’s most desirable areas to live due to its rapidly growing economy and vibrant housing market. Situated in a prime position on the town’s extremely busy high street, the shop benefits from a roaring passing trade due to its ideal location. The business receives a lot of repeat customers, which is reflected in the business’s immaculate reputation in the area and surrounding towns and villages.

The shop offers a wide range of quality traditional jewellery items such as rings, necklaces, earrings, watches, cufflinks and bracelets. V E Barker Jewellers in addition stocks a wider range of bespoke gift items such as pen’s, photo’s frames, jewellery boxes, hip flasks, collectable ornaments and money boxes. The shop also has a large and wonderfully unique collection of miniature clocks in the shapes of various objects. In addition to retail sales, the business operates very successful jewellery and watch repair service, as well as an engraving service for wedding/christening/birthday glasses and tankards.

This is an ideal business for someone looking to expand the successful business model or for someone looking for a re-location opportunity to a delightful part of the country. The current owner owns the freehold of the building and we are advised that there is a 2 bedroom flat available above the shop available to rent if required.
Offers in Region of £130,000

Summary. Genuine opportunity to acquire an successful business in a fantastic area. Highly lucrative business model. Ideal re-location opportunity for the right person. Viewing highly recommended.
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