Business Summary

Falcon Commercial is delighted to offer for sale this busy Art and craft retailer which was established over 20 years ago and has been under the proud ownership of our clients since 2005. It is now reluctantly being offered to the market as the vendor wishes to retire.

Ceres Art and craft is run by the owner with help from one part time member of staff. It enjoys a turnover in the region of £47,000 per year with an average gross profit margin of approximately 40%. The business has over the years built up an excellent reputation in the local area and with visitors for its selection of traditional fine art materials, jewellery supplies as well as paper crafting and crafting products for all ages and abilities.

We feel that this is opportunity represents an ideal base on which to build upon possibly by opening on a Sunday or utilizing the internet and starting an E-shop. Early negotiations with Falcon Commercial are recommended.

Premises Details

Ceres Art and Craft occupies a prominent position on one of the main shopping streets in Bude, Cornwall. This popular trading town has a good mix of independent and multiple businesses that includes other retailers and Cafes. There is ample customer car parking close by. The well-presented premises briefly comprise:

Ground Floor

Bright, modern well fitted main sales area with suspended ceiling and carpeting to the floor. Display shelving to walls and center islands. Raised counter area
Second sales area with displays of craft materials to the walls.
Store room with shelving to walls. Hand basin

Toilet

Opening hours

10.00am – 4.00pm Monday – Saturday

Tenure

The business is offered with the benefit of a 12 year lease of which 10 are remaining. The rent payable is £5,400 per year. A new lease (to be arranged) will be granted to suitable applicants.

Property Details