Sold

Well-Established Gift Shop in Bakewell, Derbyshire For Sale

Bakewell, Derbyshire

£14,950 +SAV

Ref: 2522

Share this property
Share

Description

Hilton Smythe is delighted to welcome to the market this well-established gift shop in Bakewell, Derbyshire. The business was established by our client in 2010 and is only now being offered to the market due to our clients other business interests. The business operates 7 days per week and generates a turnover in the region of £109,000, with a gross profit of approximately 45%. The turnover is generated from the sale of a wide range of gifts, bath & body products, teas, edibles, cosmetics etc. These products are exclusively sought after brands for the location. The business has built up an excellent reputation within the town for the high quality of the goods and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth referrals. The premises are well-equipped to suit the trade with a large sales areas boasting a number of product displays. We feel there is scope to increase the turnover by extending the opening hours and perhaps expanding the range of goods offered. A new owner could also embark on a small marketing campaign to highlight the business and goods offered. Elliott Rose already has a very informative website in place to promote the business, which offers online ordering facilities. the turnover is increased from the online sales, as well as other sales platforms. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Tenure

Leasehold

We are advised Leasehold: Original lease length: 5 yearsRemaining lease length: 5 yearsReview every: 5 yearsRent: £17,000 per annum A new lease has been agreed at the same rent rate.

Hours

The business is open: Monday – Saturday: 10.00am – 5.30pmSunday: 10.30am – 5.00pm The business also opens on Bank Holidays.

Staff

The business is owner run and managed with part time casual staff members.

Financial Profile

The business generates a turnover in the region of £109,000, with a gross profit of approximately 45%.

Location

Elliott Rose Ltd occupies substantial two-storey premises, ideally located on Portland Square in Bakewell, Derbyshire. The shop is set amongst a parade of complementary shops and businesses and benefits from a high footfall with much passing trade. The premises benefit from ample parking facilities within the area. Bakewell is a small market town and civil parish in the Derbyshire Dales district of Derbyshire. The town is well known for the local confection Bakewell Pudding. In the 2011 census, the civil parish of Bakewell had a residential population of 3,949. The town is close to the tourist attractions of Chatsworth House and Haddon Hall. Although Bakewell has a population of around 4,000 people, the town acts as a service centre and shopping area, which supports a larger population of around 15-20,000. In addition it is an extremely popular tourist location, with an estimated 2 million visitors annually. Set in an enviable location on the banks of the River Wye, with the river meandering gently through the centre, this beautiful old market town is in the heart of the Peak District, surrounded by stunning countryside views and is famous for its puddings and events. The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is in Buxton, approximately 12 miles away. The area is also well served by the A-roads, with the A6 running through the town, which links to the national A-road and motorway networks. Chesterfield is approximately 12½ miles away and Sheffield is 17 miles away.

Premises

Prominent two-storey premises, briefly comprising: Ground floor: Good size sales and display area.Bespoke fitted cabinets and shelving units to perimeter walls.Central display table.Serve over counter with electronic cash register and credit/debit card terminal.Open plan staircase leading to first floor.CCTV with 6 x cameras. First floor: Bespoke fitted cabinets and shelving units to perimeter walls.Serve over counter. Staff kitchenette area. External: Pedestrianised walk-through area

Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes […]

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are […]

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions […]

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in […]