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The Most Iconic Guitar Shop In Exeter For Sale

Exeter, Devon, UK
Asking Price:
£450,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

The most iconic guitar shop in the UK is now for sale after many decades of successful trading by the founder and legendary guitar maker Hugh Manson. The brand and expertise are only matched by a similar shop in New York. The premises have been professionally fitted, with many soundproofed booths, repair centre and extensive display for low to high end guitars, amps, and an array of accessories. Anybody who is into their music knows about this shop and brand, which is contacted daily by customers from all over the world. The retail trade is impressive with a good online presence. This opportunity to acquire or incorporate ‘Mansons Guitar Shop’ into an existing business is an opportunity not to be missed. Viewings are highly recommended.

The premises have always been in Exeter and have been professionally equipped to offer the very best acoustic experience for the customers. Exeter is a highly sought-after, affluent Cathedral city within the UK with many top  business headquarters locating here. The town is beautiful and has a lovely feel because of its top University and is only a short drive to many beautiful beaches. The city is serviced well with a mainline train station, M5 motorway and an International Airport.

Originally the business was started by Hugh Manson, with the creation of state-of-the-art guitars.  It was a natural progression to open a guitar shop to compliment this which has supplied many of the world’s best loved guitarists and bass players. The shop is a qualified Gibson and Taylor repair centre and is also able to repair other makes. There is a large shop floor with a large selection of guitars, amps, and accessories plus 4 x soundproofed booths for customers to try instruments or amplifiers in privacy before they purchase. The online presence is very good but we, the agents, feel this could seriously be expanded upon, making the most of the iconic brand and reputation. This retirement sale is offered with a full hand over of the business to ensure its continued success and it also benefits from full complement of highly skilled staff and a supervisory / management team. Actual trading accounts will be made available after a successful formal viewing.

Accommodation comprises

The premises are located within the trendy under cover McCoy’s Arcade, off Fore Street, Exeter. The premises offers a retailing space which includes a shop floor / show room, 4 soundproofed booths, repair centre, office, stock rooms and general stores.

Business website

Shop opening hours

Monday – friday            09.00 – 17.30

Saturday                           09.00 – 17.30

Sunday                                closed

Staffing

A full compliment of highly trained staff with supervisor / management.

Fixtures and fittings

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

Services

Mains gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

Business rates

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)

Tenure

The premises are held on a secure and renewable lease - Leasehold

Price

Offers in excess of £450,000 plus stock at valuation.

Viewings.

All viewings and enquiries are to be made strictly through the agents, Ware Commercial.

If interested, please contact the seller through the form on this page. Information package available to all qualified Buyers upon a Non Disclosure Agreement being executed.

Property Information

Property:

Leasehold

Contact Ware Commercial

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