The Castle, North Street, Ripon, North Yorkshire, HG4
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- SECTOR
High street retail property for sale
Key features
- BUSINESS FOR SALE! £99,950 + SAV
- Premises available on lease, LEASEHOLD
- Prime trading position in the heart of Ripon, North Yorkshire
- Fully fitted, quality fixtures, fittings & equipment
- Excellent reputation
- Local and loyal clientele
- Established business, over 30 years
- Excellent sales and profits achieved! Turnover £295,972 on year-end 2024 accounts. 37% Gross Profit. Adjusted Net Profit in excess of £75,000.
- PLEASE REQUEST FULL DETAILS/SALES BROCHURE VIA CONTACTING OUR OFFICE.
- Early inspection strongly recommended to avoid disappointment.
Description
The business was established 30 years ago and is now offered for sale due to our client wishing to take a well-deserved retirement after many happy years in the business.
The business occupies a prime trading position in the heart of Ripon and over the years it has established an excellent reputation in the trade attracting a local and loyal client base as well as customers from further afield.
Currently trading 7 days a week, it sells a range of homeware, furniture and gifts with majority of companies offering exclusivity in Ripon. There's scope to take advantage of the prime position and excellent premises, in fact this could be an ideal bed centre for Ripon as there is certainly the appetite for this and the third floor is vacant at present with a large area that can be utilized.
There's also scope for online sales via a website and social media with pushing the businesses online presence on Instagram and Facebook to increase sales and maximize profits.
Turnover £295,972 on year-end 2024 accounts.
37% Gross Profit.
Adjusted Net Profit in excess of £75,000.
We trust this will prove a resoundingly successful acquisition, especially for a dedicated owner proprietor to continue to exploit the full potential and derive maximum profits.
Business £99,950 + SAV
Leasehold.
Ripon, North Yorkshire.
Reference. RM10662
The Castle, North Street, Ripon, North Yorkshire, HG4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Thirsk Station8.7 miles
Notes
Disclaimer - Property reference RM10662. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Alan J Picken, Ilkley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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