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#Business ID: 17660

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Well Established Wool Shop

Business Location: Northumberland, England

Asking Price: £ 30,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Long established wool shop offering an excellent opportunity with good profits and fantastic potential - the asking price includes full stock, meaning the business is ready to run from the outset.

The shop offers a large selection of wool, knitting patterns and accessories.The business benefits from a large loyal local customer base and an excellent tourist trade due to the large number of visitors to the area throughout the year.

The current owner runs a knitting and crochet group from the premises one night a week, which has proved very profitable and provides a good revenue stream. This could be further developed as there is high demand for spaces in the group. At the moment, the business does not have a website - an online presence would enhance the turnover and profitability.

Spacious premises in good condition. Complete with wall mounted shelving and good storage. There is a large stock room/workshop to the rear, with kitchen and WC.

Current opening hours are: - Mon, Tues, Wed, Fri, Sat 9:30 to 17:00; Thurs 10:00 to 16:00

5 year lease, currently 4 years left. The annual rent is £6,100.

Excellent opportunity for a lifestyle change - viewing is highly recommended.

Property Details

Property Type:

Lease

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