Shop for sale

Sheep Street, GL54

£695,000

Property Description

Full description

Tenure: Freehold

Location
This fantastic antiques business is situated on a major main road in the market town of Stow on the Wold, in the heart of the Cotswolds. The Cotswolds has the largest number of conservation areas of any English region for the travel visitor to see. It stretches from the northern gateway of Broadway to the magnificent roman town and Georgian city of Bath on the southern fringes. The fringes of the region include Shakespeare's Stratford upon Avon, the king maker's castle of Warwick, the historic academia of Oxford, and Winston Churchill's childhood home, Blenheim Palace. The showroom is located in a beautiful Grade II listed building previously 3 stone cottages. Benefiting from private, off road and communal parking the highly visible and well signed business is surrounded by complementary businesses and residential properties and as such has a high footfall and passing trade. There is a wide range of sporting and leisure facilities found locally and the area is a haven for those seeking time out in a rural bolthole. Located off the A417, the M5 motorway is within easy reach providing access to the wider road network beyond. All in all this is an idyllic and truly desirable location and an important aspect of the overall concept and image of the business. Cheltenham is approximately 18 miles away and Oxford 28 miles away. Located off the A429, the M5 and M40 motorway is within easy reach providing access to the wider road network beyond. All in all this is an idyllic and truly desirable location and an important aspect of the overall concept and image of the business.

Business History
Meridian Business Sales are delighted to offer to the market this excellent antiques business which was established by our client in 1999 and the only reason this high end, well appointed business is being offered to the market, is due to our client's desire to take well deserved retirement. Since the business was established our client has invested time and money in the business and premises to the point it is in full walk in condition. Our client advises us that the annual turnover currently runs at 250,000 with a gross profit of 120,000 derived from the sale of period chairs, upholstery and soft furnishings. There is development potential to turn the premises into cottages, STPP, and as such may increase income and there is scope to develop the business further by increasing opening hours and the creation of a professional website. The business enjoys a strong reputation within the community and as such has a high level of regular and repeat trade. Our client is happy to provide full training after completion if it is required. This is a superb opportunity to purchase a premium business, with accommodation, in a superb location and as such early viewing is highly recommended.

Financial Profile
Turnover: 250,000pa
Gross Profit: 120,000pa
Stock: (Approximately) 80,000

Accommodation
Natural Cotswold stone, 18th century, Grade II listed building briefly comprising:

GROUND FLOOR PREMISES
Showroom/sitting room - beamed ceilings
Large hallway
Cloakroom
Kitchen/dining room - beamed ceilings, fully fitted with breakfast bar

FIRST FLOOR
Bedroom - beamed ceilings
Bathroom
Study area with stairs

SECOND FLOOR
Bedroom - beamed ceilings
Separate stairs to
Bedroom

EXTERNAL
Double garage
Off street parking for 2 vehicles
Steps leading to a barrel vaulted cellar - used as showroom
Walled south facing garden with steps to a large circular fish pond
Summer house and store

Nearest stations

  • Kingham (4.4 mi)
  • Moreton-in-Marsh (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Kingham (4.4 mi)
  • Moreton-in-Marsh (4.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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