Coffee Shop Healing Centre & Boutique For Sale

Business description

Leasehold Coffee Shop, Spiritual Healing Centre & Unique Boutique For Sale
Based in Winchester, Hampshire

Business Description: We are delighted to offer for sale this well loved and growing business based in the historic city of Winchester. Little Sanctuary was established in February 2005, and was previously named The Gaia Tree. Owned by the previous business manager of The Speaking Tree Winchester, this unique store was opened directly after the closure of The Speaking Tree and therefore has maintained a loyal customer base and high reputation gained from years of experience in the complex and exciting field of Mind, Body and Spirit related products and therapies. Recently undergoing a rebranding and refurbishment in June 2007, this Coffee Shop, Healing Centre and MBS store now boasts a fresh, vibrant, contemporary but classic quality that has awarded it ‘The Best Small Business of Winchester 2007’. It has also gained a Gold Excellent Award through the Health and Safety ‘Safe To Eat’ scheme. The coffee bar provides a small range of ethical cakes and sweet bites, a new line that is expanding rapidly. As the only store of its type in Winchester, Little Sanctuary enjoys a varied customer and client base and also attracts custom from further afield. The business currently provides a ground floor Coffee Shop and take away bar, ground floor retail space, lower ground floor therapeutic room, and lower ground floor workshop space (currently undergoing redecoration). The fully equipped therapy room already has regular and growing use from a well-respected and fully qualified team of self-employed practitioners (having worked with the owner for 4+ years) and potential to expand into further workshops/classes/courses is evident. The current owner believes there is still a vast scope for potential growth; through late night openings, increased marketing, expanding into workshops and classes, expanding the current internet site into a further sales forum and opening the currently undecorated room into another potential source of income. Turnover for the year ending March 2006 was over £100,000, and the current owner believes that increased revenue is easily achievable with fresh enthusiasm and new ideas. Having now been established as a unique and independent business for three years, this business has survived the hardest and most challenging time of any new company and continues to successfully grow. This is a fabulous opportunity for anyone wishing to work in the healing, alternative health, and spiritual fields, offering the ability of simply stepping into a well established and popular store.

Property information

Property:

Leasehold

Lease terms:

Lease Terms: New 5 Year Lease (2008), Break Clause September 2008 and September 2011, Set at £850pcm (Under £10,500 per annum).

Living accommodation:

Accommodation, Fixtures & Fittings: Little Sanctuary comprises of ground floor and lower ground floor accommodation in a beautiful historic building that retains many original features. *Ground floor large window display with original window box, restored by a professional wood specialist. *Ground floor seating and sales area with black ceramic and slate tiled floor, feature wall of regency wallpaper, heather walls, new suspended ceiling, black iron chandeliers, wooden tables and chairs, black metal and glass display shelving, card spinners, classic floor lamps, floor to ceiling organza curtains, custom made coffee bar home to espresso coffee machine, and Access To: *Kitchen, with new black work surface, 1 under counter fridge, 1 upstanding fridge freezer, microwave, coffee bean grinder, storage cupboards, metal storage rack, electronic till, Stainless steel sink and drainer, hot water heater, Gift wrap counter. *Ground floor cloakroom with toilet, sink, hot water heater and active vent. *Stairs to lower ground floor with original hand made wooden banister; *Lower ground floor corridor with alarmed door accessing rear of property, under stairs storage and filing cabinet, two wooden bookcases and motion sensor, Leading To: *Private Treatment Room with wine and magnolia walls, hand carved wooden framed mirrors, three hand crafted storage units (drawer unit, drawer and shelving cupboard, pine and iron blanket box), free standing uplighter, CD player, oil radiator, pine table, two pine chairs, hand made oversized massage couch in wood and soft leather, small leaflet display table, wooden blind and floor to ceiling organza curtains, and a range of soft furnishings; *Workshop/retail/office/therapeutic space (currently undergoing redecoration) with high ceilings, fully carpeted, magnolia walls, large window, currently used as storage for: Two glass and wood display cabinets, card spinners, large pine music display complete with interactive touch screen, Glass and metal display cabinet, computer desk, office chairs, two silver uplighters, oil radiators, several flat-packed wooden bookcases and back stock of retail products. The Current Valuation of Fixtures and Fittings Included in Sale is: £18,000 Stock Available: Little Sanctuary works hard to buy from small, ethical companies and fair trade where possible. This means that stock lines vary throughout the year, and some stock is only available seasonally. The store carries a good range of Incense (fair trade and hand made); Candles; Crystals; Crystal Specimens and Fossils; Essential Oils and accessories; Home Fragrance Products; Egyptian Perfume Bottles; Ornaments, Statues and Figurines; Small Items of Furniture; Hand Crafted Lamps; Drums, Djembes, Gongs, Singing Bowls and Didgeridoos; Hand Made and Local Artist Produced Jewellery; Tarot Cards and Oracle Decks; Books; Music; Original Artwork and a selection of Hand Made / Local Artist Produced / Tree Free Gift Cards. All stock will be made available at the time of purchase. The estimation of current stock value is: £16,500, however please be aware that the value of stock may fluctuate up or down dependant on current orders and purchases. Stock of Teas, Coffees, Hot Chocolates, Take Away Cups etc, is estimated at: £2,000. Please be aware that this figure may also fluctuate.

Location:

Location: Little Sanctuary is situated in an ideal trading position with regular footfall in the heart of the historic and famous City of Winchester. Little Sanctuary is based on Jewry Street, one of the main arteries into Winchester city centre, which links to the high street with its excellent shops, and also resides directly opposite the famous Theatre Royal and the newly refurbished Winchester Library and Discovery centre. Winchester was recently voted the best place to live in the UK, and originally the capital of England and Wessex, is the County Town of Hampshire. It is a very affluent and thriving city with a population of over 40,000. Steeped in history, it enjoys many visitors who come to see its fine cathedral and castle, where King Arthur's Round Table hangs in the Great Hall. Winchester is very popular with commuters to London having its own mainline railway station to Waterloo, and being located just off the M3 motorway which links to the M25. The railway station is a short walk on a direct route from Little Sanctuarys current position. Winchester boasts excellent facilities with a major hospital, excellent local schools, including several public schools and the nearby Marwell Zoo.

Other information

Expansion potential:

The current owner believes there is still a vast scope for potential growth; through late night openings, increased marketing, expanding into workshops and classes, expanding the current internet site into a further sales forum and opening the currently undecorated room into another potential source of income. Turnover for the year ending March 2006 was over £100,000, and the current owner believes that increased revenue is easily achievable with fresh enthusiasm and new ideas. Having now been established as a unique and independent business for three years, this business has survived the hardest and most challenging time of any new company and continues to successfully grow.

Competition / Market:

This beautiful store is unique in Winchester and the surrounding area, meaning that direct competition is not evident. Stores within the surrounding areas may have similar qualities or stock similar product lines but lack the entire package that this business offers which gives Little Sanctuary a uniquely comfortable position in the current market. The current owner does not believe in the concept of competition within small businesses of similar type and therefore has worked hard at creating a postive referral system between Little Sanctuary and other businesses that may have cross clientle - including gyms, pilates studios, jewellers, artists, health food shops, crystal specialists and individual complementary health practitioners. This positive attitude has allowed Little Sanctuary to grow unchallenged in Winchester.

Support & training:

Opportunities: The current owner is willing to continue working on a part time basis (included in cost of sale) for one month to assist the new owner in establishing themselves into a routine, providing support and advice, providing connections and contacts, and transferring all their suppliers credit and trading agreements over to the new owner personally. The owner will also offer Barista Training to the new owner and any additional new staff to ensure that the quality of drinks maintains the high standard currently held. (Barista Training will not be certified by the owner – however additional training can be arranged via London connections). A team of fully qualified practitioners already operate from the therapeutic room on the lower ground floor. Two part time staff members experienced in the products, menus and therapies are also on hand to assist in the change over. Great relationships with other local companies (such as gyms, pilates studios, and beauty parlours) are already established and word of mouth reputation of this unique store is always abundant in praise. This is a reputation that can be expanded, but already has a great foundation.

Reasons for selling:

Reasons for selling: Genuinely priced for quick sale, family reasons.

Trading hours:

Trading Hours: Currently 11am-4pm Mondays, 10am-6pm Tues-Sat, Winter Hours increased to Late Opening Thursday Nights, 11am-4pm Sundays

Furniture / Fixtures value:

£18,000

Inventory / Stock value:

£17,000

Website:

www.LittleSanctuary.co.uk

Related documents:

• 
• Little Sanctuary Sale Brief

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