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Specialist Sugarcraft Retail Business for Sale

Bromsgrove, Worcestershire

£10,000 +SAV

Ref: 1698

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Description

Hilton Smythe welcomes to the market Sugarcraft Emporium.

This busy sugarcraft and baking supplier was originally founded in 1994 and has been under the sole ownership of our client since 2005 and reluctantly comes to the market due to our client's ill health. Sugarcraft Emporium opens 4.5 days a week as a popular baking supplier and is very well supported by the local community with the benefit of much repeat trade and word of mouth referrals and further boasts a monopoly trading position.

The store supplies a vast array of products including cookery books, cake tins, piping bags, cutters and moulds, ribbons, jewels and a fantastic display of readymade cake top decorations for all types of occasions.

On the second floor of the store is a classroom previously used to teach cake decoration classes, an aspect of the business we feel could easily be reinstated.

In particular as the baking industry has seen a huge revival over recent years with popular television shows such as the Great British Bake Off and Masterchef inspiring more and more people to have a go! We also believe that the business would see a massive increase in revenue if the current website www.sugarcraftemporium.com were to be upgraded to allow customers the option to buy products on-line.

This is a fantastic walk in trading opportunity with the potential to further develop and early viewing comes highly recommended.

Tenure

Leasehold

We are advised leasehold.

The original lease length is 12 years with 4 years remaining.
Rent is £9784 per annum.

Hours

The business opens:-

Sunday and Monday closed
Tuesday and Wednesday 10.00am - 5.00pm
Thursday 10.00am - 1.00pm
Friday 10.00am - 5.00pm
Saturday 9.30am - 4.00pm

Staff

The business is solely run and managed by our client.

Financial Profile

The business reports a yearly turnover of £115,000 with reported gross profit at £34,348.

Location

The business is situated in the large residential town of Bromsgrove, with a population of circa 29,200 in Worcestershire.

Occupying a prominent trading position on the main retail high street within the town centre. Sugarcraft Emporium is surrounded by a host of complementary businesses, ensuring heavy footfall throughout the day and further benefitting from a bus stop and on road parking to the frontage. Bromsgrove is around 16 miles from Worcester and 13 miles from the City of Birmingham.

The town has excellent road links being intersected by the A38 and the M5 motorway bordering the town to the west and the M42 to the North.

The town is also well supported by public transport with a network of bus services and local train station.

Premises

Mid parade single fronted premise briefly comprising:- Bay window frontage with canopy.

Ground floor open plan retail sales area with shelving and racking to perimeter walls to suit trade, window display area and glass display cabinets with various cake decorations.

To the first floor is an office, store room, toilet facilities and kitchen.

The second floor houses the classroom and store room. To the rear are two allocated parking spaces and to the front on street parking is available.

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