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Shop for sale

The Glass and Art GalleryMedomsley Road,Consett,DH8

154 sq. m. | £249,950

Property Description

Commercial information

  • Business for sale
  • 1,657 sq ft (154 sq m)

Key features

  • REF: 2729
  • FREEHOLD CARD AND GIFT SHOP

Full description

Tenure: Freehold

LOCATION
The business is located in the town of Consett, Country Durham.

The Glass and Art Gallery occupies a prominent corner position within a densely populated residential area of the town and on the busy commuter road B6308 seeing heavy passing traffic. The business is also ideally located facing a new leisure centre and the new Academy.

Consett is around 14 miles from Newcastle upon Tyne and has a population of circa 24,800. The area is well connected by road via the A692 and A691. Conveniently there is a bus stop directly facing the business with regular bus services passing the business and free street parking is available in the vicinity.
BUSINESS
Hilton Smythe introduces to the market The Glass and Art Gallery. Established by our client in 1999 the business has seen year on year growth to the highly profitable concern it is today.

The business specialises in retailing contemporary and modern bespoke artwork and craftwork supporting mostly North East artists. The business reports a healthy turnover of £74,000 with a good gross profit.

It is an official National Tourist Attraction with brown and white signage at various locations into Consett

The gallery and gift shop, going into three rooms, are immaculately presented with merchandise artistically displayed throughout. The products are an eclectic mix of paintings, glass art, ceramics, textiles, shabby chic furniture, wood carving as well as bespoke jewellery, accessories and much more. The gallery is a delight to walk around offering gifts that are unique and just that little bit different.

The business has potential for expansion if required by a new owner, as there is a second and third floor available for conversion, not only into a two bedroomed flat but perhaps into a café to entice passing trade, or let out to generate additional income. The business also has a website as well as an online shop where products are available to purchase on line

please follow link in order to see a walk around of the shop -

https://www.youtube.com/results?search_query=The+Glass+%26+Art+Gallery+Christmas+2015

This is a lovely well established business, ideal as an acquisition for a new owner with a love for art, crafts and retail to continue this unusual concept.
PREMISES
End of terrace premise briefly comprising:-

Well maintained frontage with attractive signage.

Ground floor
Main gallery area with art work, through to central gallery displaying jewellery, handbags and other art and gift items. The third room has further gallery items and also bespoke stained glass. This room has the potential to be developed into a café. To the rear there is a toilet and small kitchen area.

Stairs lead to the first floor.

First floor
Office
Bathroom
Walk in shower
Storage room
Studio no 1 - workshop
Stairs to second floor

Second Floor
Two rooms, one of which is used as a studio when required and the other as a store room.

Fittings include display cases and shelving, photocopier, computer and office furniture, fully fitted retail fixtures
TENURE
We are advised freehold.
HOURS
The business opens:-

Monday to Saturday 9.30am - 4.30pm
STAFF
The business is owner run and managed with the assistance of 1 full time, 1 self-employed and part time casual staff as and when required.
FINANCIAL PROFILE
The business reports a healthy turnover of £74,000 with a good gross profit.


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