Leasehold Craft Shop For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this highly regarded retailer of craft materials and baby wear, which is in such a prime trading location within Boldon Colliery. The Village Craft Shop has been established for over 20 years and has built up an enviable reputation throughout the North East. The business sells a wide variety of craft materials from greeting card accessories, needlework, cross-stitch, jewellery making, knitting to baby wear. The premises have undergone a substantial refurbishment programme and benefit from a high standard of fixtures and fittings throughout. The spacious open-plan sales area is ideal for craft classes and demonstrations. Currently the annual turnover is £38,000, achieving a 60% gross profit. There remains infinite scope to develop this further through the promotion of extra craft classes and the option of children's workshops. Early discussions with Bag a Business Ltd must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining length: 8 years
Review every: 3 years
Rent: £4,000 per annum

Living accommodation:

ACCOMMODATION DETAILS Ground floor, lock-up premises in a prominent trading location, briefly comprising: GROUND FLOOR Main shop: . Spacious open-plan retail sales area . Completely refurbished with new floors, ceilings, shop fittings etc . Craftwork and needlework display stands . Central aisle . Central demonstration table with seating for up to 12 persons . Baby wear garment hanging rails . Various card spinners . Wool display unit . Tapestry/cross-stitch/knitting displays . Accessory displays . Wide aisles with disabled access throughout the shop . Sales counter with electronic cash register and credit/debit card terminal . Rear office and kitchenette . Exit to rear yard . WC and wash hand basin . Additional storage area EXTERNAL . Wide frontage . Elevated front window display . External canopy . Manual shutters . Bus stop outside . Free car parking . Rear yard

Location:

The Village Craft Shop is located in a prime, highly visible trading position on North Road, within the central shopping area of Boldon Colliery in Tyne & Wear. The premises have an attractive wide frontage and ample car parking facilities directly outside. In addition, there is a main bus stop outside the business with frequent no-change services to Jarrow, North and South Shields, as well as Chester-Le-Street. The property is surrounded by a variety of other quality shops and businesses, as well as an ASDA Superstore, which contributes to a high daily footfall. North Road is one of the major arterial roads in the area, therefore offering potential to attract passing trade. The area is easily accessible being just off the A184 and the main A19 Expressway.

Other information

Trading hours:

Tues: 9.00am - 4.30pm

Contact the seller