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Shop for sale

Abbotsbury Road, Weymouth, Dorset, DT4

£19,950
61 sq. m.

Property Description

Commercial information

  • Business for sale
  • 656 sq ft (61 sq m)

Key features

  • REF: 12888 I
  • LEASEHOLD
  • ARTS & CRAFT

Full description

Tenure: Leasehold

ART, CRAFTS, HOBBIES & PICTURE FRAMING SHOP FOR SALE

LOCATION
Art 4 All occupies substantial ground floor, lock-up premises, which is ideally located within the town of Weymouth in Dorset. The business is surrounded by a mix of both commercial and residential properties, from which the business derives much trade. The area benefits a high volume of footfall and passing trade, as well as on-street parking facilities within close proximity.

A café and local art centre is opening directly across the road scheduled to open in December and will bring in a lot of trade.

Weymouth is a popular seaside town in Dorset. According to the 2011 census, the town had a residential population of 52,323, making it the third largest settlement in Dorset. Weymouth is a tourist resort with many visitor attractions and is situated halfway along the Jurassic Coast, a World Heritage Site on the Dorset and east Devon coast.

The area of the business is well-served by the public transport system, with several bus stops within easy walking distance of the property. Weymouth railway station is less than a mile away. The area is also well-served by the A-roads, with the A354 being within easy driving distance, which links to the national A-road and motorway networks. Dorchester is approximately 10½ miles away and Lyme Regis is 27 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established art & craft, hobbies and picture framing business, which is ideally located within the town of Weymouth, Dorset.

The business was established in this shop by our client in 2013. It is now being offered to the market, due to our client's desire for a well-deserved retirement".
Our client supplies a wide variety of art & craft supplies, including acrylics, brushes, calligraphy goods, canvases, card making materials, drawing equipment, easels, craft kits, watercolours and soft toy kits, to name a few, as well as offering a picture framing service. Our client can frame all type of pictures, specialising in box framing and undertake commissions for items that need protecting.

The work shop to the rear, used for picture framing has recently undertaken building work to allow for a bigger and brighter workspace.

The business has built up an excellent reputation within the industry for the high quality of the goods and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

Sales are increasing month on month on previous year's figures. Art4All is the only framer in the UK registered with Trading Standards "Buy with Confidence" scheme

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could also embark on a modest marketing campaign to promote the goods offered. Our client already has two websites in place to promote the stock offered at www.art4allframing.co.uk and www.artycraftysupplies.co.uk, which incorporates online ordering facilities.

This is an excellent opportunity for a new owner to take this already busy business to the next level. Our client would be willing to offer training to the purchaser on the picture framing side of the business; free of charge.

Early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial ground floor corner premises in an ideal trading position, briefly comprising:

Two large display windows.
Carpeted flooring.
61 sq. metres of floor space.
Racking and shelving to perimeter walls.
Craft display units.
Counter with electronic cash register and credit/debit card terminal.

Work shop to rear, used for picture framing and recently undertaken building work to allow for a bigger and brighter workspace.
Office.
WC.
Kitchen.

Premises are eligible for 100% small business relief so rates payable are NIL.

External:

Allocated car parking space.

The business currently has one of their vehicles sign written - it carries a personalised number plate which they are willing to transfer to a new owner if required.

TENURE
We are advised Leasehold:

Original lease length: 2 years
Rent: £8,100 per annum

HOURS
The business is open:

Monday - Tuesday: 9.00am - 5.00pm
Wednesday: 9.00am - 1.00pm
Thursday - Friday: 9.00am - 5.00pm
Saturday: 9.00am - 4.00pm
Sunday: Closed

STAFF
The business is owner run and managed by a husband and wife team.

FINANCIAL PROFILE
The business generated a turnover in the region of £40,505 as of the 2017 accounts, with a gross profit of 75%.

Premises are eligible for 100% small business relief so rates payable are NIL.


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