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Preferred Commercial is delighted to offer to the market this popular art gallery and picture framing business, which was established by our client in 1995 and which is only now being placed on the market due to his wish to retire and emigrate. The business generates a turnover in the region of £83,000 per annum derived from the sale of a variety of original paintings, sculptures, jewellery, ceramics, greeting cards and books, along with a bespoke picture framing service. The gallery operates 7 days a week and hosts a variety of exhibitions throughout the year. The business occupies a substantial stone property, set over four floors. There is immense scope for a new owner to increase turnover by perhaps, expanding the picture framing side of the business, offering canvas prints, digital printing service, limited edition prints and by embarking on a modest advertising campaign. There is a web site in place, which could be further developed to offer on-line shopping facilities. We are advised that the top floor and a small section of the first floor is currently let out generating a further income of £6,000 per annum. There is scope to develop owners' accommodation on the first floor and to expand into the roof space to create and additional level. We feel this is an ideal opportunity to acquire a popular and well-established gallery and framing business, in such a delightful location. Early discussions with Preferred Commercial must come highly recommended.
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