Beck Steps Gallery, College Street, Grasmere, LA22 9SZ

Sale of a well established and highly regarded leasehold business set in the Centre of this highly popular Lakeland village. Operating from prominent premises with large double bay windows.

The principal business is an art and craft gallery however it is also complimented by a highly successful and popular ice cream business with in the same unit, which is partially divided off from the main gallery. The area used for picture framing is also partially partioned off from the main gallery.

The gallery stocks original, high quality art and craftwork sourced from artists and crafts people in Cumbria and the UK. With a selection of work including ceramics, original artwork, prints, sculptures, local slate products, jewellery, furniture, hand printed textiles, silk scarves and much more.

There is scope to improve the business especially the picture framing element. The owners currently just frame pictures for gallery stock, but there is a significant untapped market for general picture framing in the area.

Prominently positioned on College Street in the Centre of this highly popular Lake District village adjacent to the village green and principal bus stop. Grasmere is one of the most popular destinations in the Lake District National Park made famous for its literary connections to William Wordsworth and the other Lakeland poets. Now a Unesco World Heritage Site which it is believed to attract circa 19 million visitors per annum.

The Business
A well established business which is being sold due to retirement. With impressive and healthy trading figures operating well above VAT threshold for both the Gallery and ice cream business. Accounts can be made available for genuinely interested parties who have viewed the property.

Operated as a husband and wife team with two permanent members of staff working four days a week each. There are some seasonal staff employed for the ice cream element. The owners are willing to provide a general handover for the business and also specific picture framing training, should the new owners require it. Stock is available to purchase at valuation.

The current business owners also rent a car parking space to the rear from the Landlord.

Services
Mains water electric and drainage.

Tenure
Leasehold 

An original 12 year lease from 17th May 2020. Current rent of £19,992.00 on IRI terms with 3 year Rent Review and a break clause available in 2028. 

Business Rates
£18,500. Actual amount payable £9,231.50. This could be reduced if the purchaser is entitled to Small Business Rates Relief. More details can be obtained from the Local Authority Westmorland and Furness Lakeland District Council

Broadband
For information on broadband and mobile services at the property, we advise prospective purchasers to consult the Ofcom website: checker.ofcom.org.uk

Anti Money Laundering Regulations (AML) 
Due to the Money Laundering Regulations, now officially known as Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 we are required to follow government legislation and carry out identification checks on all purchasers. We use a specialist third party company to conduct these checks at a charge of £48 inclusive of VAT per buyer once an offer has been accepted and you will be unable to proceed with the purchase of the property until these checks have been carried out. This charge is non-refundable.