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Fabric Store- Hampshire

Lymington, Hampshire, England

  • Leasehold Price: £75,000  Price Reduced arrow_drop_down
  • Annual Turnover: £153,938
Seller Reference: KBT47553
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Business Description
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: KBT47553
Request Details
Business Description
• Increase in Online Sales form previous years. Thriving business during lockdown restrictions providing Pure Cotton Fabrics for PPE. Established since 2013 and trading from this location since August 2018
• Showing a net profit of £30,000 with plenty of potential for growth
• Immaculately presented premises throughout and expertly managed
• A huge range of quality fabrics available supported by online sales with have improved during 2020

Ref 47553 Profitable and immaculately presented leasehold quality fabric store with website and online sales in a prime location in the busy town centre of an affluent Hampshire seaside port town. An annual turnover of £153,938 2020.

Lymington is a port town on the west bank of the Lymington River on the Solent in Hampshire. It faces Yarmouth and the Isle of Wight, to which there is a car ferry service. The town is a popular tourist destination and has an affluent population due to the New Forest and its harbour. It is a major yachting centre, with three marinas.

The business is located at the top of the main town centre route and is superbly presented. The current turnover is £170,000 with a net profit of £30,000. 15% of sales are generated online, and this possesses plenty of potential for growth as well as increasing open hours.

There is a dedicated single car parking space at the rear of the property but no residential accommodation.

Summary. Nicola’s Fabrics is a fantastic fabric store located in the very affluent seaside port town of Lymington.

Immaculately presented and profitable with an excellent website that has substantial potential for growth.
Awarded a 'Highly Commended' 5 Star Award at the British Sewing Awards

An ideal acquisition for a fabric enthusiast, a complete novice or as a bolt-on business for interior or soft
furnishing designer. Early viewing is highly recommended.

Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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