Asking price: £65,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: £17,000

Business description
ST.IVES, CORNWALL, LEASEHOLD SHOP AND BUSINESS IN PRIME RETAIL AREA
The Emanuel Gallery is superbly located halfway along Fore Street, the main shopping street in St Ives. The gallery has been established for 30 years and has gained a good reputation for high quality affordable art supplied by full time local artists. The gallery also stocks an excellent range of artists materials by Daler-Rowney and Winsor & Newton.
The gallery has a excellent web site where orders can be taken for prints and paintings.
This is an excellent opportunity to acquire a well run and established business with year round trade in the heart of the St Ives .

Years established: 30

Employees: 1

Trading hours: 10.30 - 5.30 closed sundays

Property: Leasehold

Lease terms
The lease will be reassigned to the ingoing lessee. It is expected to be a 14 year renewable lease with rent reviews on a 5 year basis.

Location
Absolute prime trading location, in the centre of Fore Street the main shopping street of St.Ives, a town itself renowned for its artists worldwide. And graced by the prescence of the Tate gallery, surrounded by beautiful unspoilt beaches.

Expansion potential
The art supplies business can be grately expanded as this is a reletively new venture, which has been very sucessful and building over the past 3 to 4 years. We have not built this side of the business into the gallery web site as yet, just due to lack of time.

Competition / Market
St.Ives is a massive draw for artists and art lovers alike. We have many galleries here, which seem to bring art collectors to the town. The gallery has been here 30 years this year and we are the only art materials supplier to the town.

Support & training
Full training and support will be given so the continuity of the gallery can continue.

Reasons for selling
I have been involved in the gallery for 20 years now, and with two very small children demanding more of my time,its time for a change for me.

Related website: www.emanuelgallery.co.uk

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