Asking price: £220,000

Sales revenue: 0 - £200k

Net profit: 0 - £100k

Fixtures value: Undisclosed

Stock value: £12,000

Business description
We are retiring I am 66 and my husband is 76.
I have run the shop for 10 succesful and happy years, the shop is in an idylic setting in the beautiful Dale of Upper-Teesdale. The shop is on a prime site opposite the car park in the centre of this busy Pennine Dale, tourist village of Middleton-in-Teesdale just the place to be if you want to be your own boss, escape the rat race and have a great lifestyle. While currently a craft and gift shop, it could easily be adapted to cafe, garden centre, pizza palace. At present, the shop sells artists' materials, prints, wooden toys, gifts, cards and confectionery and provides a bespoke picture framing service. There are extensive outbuildings. The outbuildings are used as a workshop for the picture framing and as storage but could be adapted and extended for other uses such as craft workshops, gallery or extra domestic accommodation. There is independent access to the outbuildings so they could be sub-let. The business is a profitable, going concern. Upstairs, there is a large flat, completely rebuilt and refurbished, just waiting for you to add the finishing touches. Underfloor heating, exposed stonework and pleasant outlook into tree filled Horsemarket and glimpses of the open fells. The business is capable of much more: because we are well over retirement age and are winding down, to see the potential of this property viewing is recomended.

Years established: 10 in present ownership

Employees: 1 full time, 1 part time

Trading hours: 1000 to 1730, 6 days/wk

Property: Freehold

Living accomodation
Recently, the flat above the shop has been completely rebuilt. Two bedrooms, two reception rooms, one of which could be used as an additional bedroom, fitted kitchen, bathroom and additional shower room. The main living room has a bay window looking out onto tree filled Horsemarket. There is oil fired, underfloor heating throughout, lots of exposed stonework, an old fireplace opening and the occasional beam. Plenty of private car parking and a single garage at the rear of the premises. The access to the flat is such that the flat, shop and outbuildings could be let as seperate units if required.

Location
Middleton in Teesdale is a busy village with shops, accommodation, cafes, bank, post office, primary school & etc. It is in the popular Pennine Dales tourist and walking area, the Pennine Way passes the village. The shop is on a prime site, opposite the car park in the centre of the village and adjacent to most of the other shops and cafes. Although Middleton in Teesdale is in the upper part of the dale, it has good road access and is a popular ride out venue from the conurbations of Teeside, Wearside and Tyneside. Englands largest waterfall, the High Force, is a main tourist draw and is only 6 miles further up the valley.

Expansion potential
The owners are well past retirement age so new, younger, more enthusiastic owners could soon restore turn-over and profit to former levels or might wish to embark on new ventures, anything from abacus making to zylophone repairs. Our interest was in painting, so we ventured into art materials, selling prints and doing picture framing. It has been a successful venture, what would you like to try?

Competition / Market
The market is a combination of local and visitor needs. Quieter in the winter, very busy in the summer holidays. This is a village of small, independent shops, less than 15, covering a wide range, food, hardware, shoes, books, clothing, stationery and newsagent. Inevitably some overlap but no direct competition and no chain stores other than the Co-op convenience store.

Support & training
If the new owners want to continue the existing business and would like our assistance, we are willing to help with introductions to our suppliers, advice about appropriate trade fairs and with training for the framing business.

Reasons for selling
Retirement. We are well past retirement age and would like more freedom.

Related website: www.judychasartefacts.com

Related documents

		The Facilities

		The Location

		Floor Plans

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