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  • Listing ID: 2378928

Established Gift Store/ Gallery In Finnieston, Glasgow For Sale

Glasgow, Glasgow City
  • £25,000
Turnover:
£50K - £100K
Net Profit:
Under £50K


Business Description

Unique gift shop and gallery available in highly desirable Finnieston area of Glasgow supporting artists and designers from all over Scotland and the UK selling original artwork, prints, jewellery, homeware and fashion items.

Successfully established over 7 years
Popular local business
Potential for increased turnover
Sought after location at the heart of Finnieston
Large following on social media accounts
Potential to increase online sales

Expansion and improvement in Finnieston is continuing to make the area hugely appealing.
New student apartments and housing are almost finished which will bring new customers to the area.
Newly opened food markets and event spaces have also just opened which has already seen an increase in footfall.
Many hotels in the area have seen an increase in tourism and we had significantly increased summer sales this year.

Finnieston has grown the reputation of being one of the "trendiest places to live" in the UK and the support and cooperation between businesses here provides a real sense of community.

There's plenty of potential for increasing the shop's presence and the owner is more than happy to assist in helping out with the handover with any ideas and advice.

Property Information

Property:
Leasehold
Lease Terms:

Current lease runs till November 2022

Leasehold Rent:
£16,000 per annum
Location:

Prime high street location in increasingly popular Finnieston area.

Premises Details:

Large shop floor toilet and sink area at back.
Fully furnished with display units

Size in square feet:
40 sq/m

Business Operation

Expansion Potential:

Potential for increase turnover with focus on wall space eg monthly exhibitions.
Increased opening hours (currently closed on Mondays and 5pm close)
Regular updates to our online store would easily provide an increase in sales.

Reasons for selling:

Owner would like to concentrate on his other career. Feels the business needs an injection of new ideas and enthusiasm but will only sell for the right price.

Trading hours:

Tuesday to Saturday 10-5, Sunday 12-4

Employees:
1 part time staff
Years established:
2010

Other Information

Support & training:

Happy to assist on handover and support new owners

Website:
Please click here to view the link

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