Retail premises for sale in Retail HU18, East Yorkshire

£40,000
Retail premises for sale
Interested in this property? Call +44 113 482 9940 * or Request Details

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Property features

  • Unique Craft Business in an Idyllic Seaside Town
  • Scope to Add an Online Presence
  • An Aladdin’s Cave of Fabric, Textiles & Haberdashery
  • Long Established and Well Loved
  • £60,000 of Stock is Included within the Asking Price

Property description

Fabric and haberdashery shop in East Yorkshire for Sale.

Rarely does this type of business come to the market, and especially one that trades in a prime A1 retail location in a tourist town centre close to the sea. The business was established back in 2004 and has become a well-known and much loved Aladdin's Cave of fabric, haberdashery, wool and sewing supplies. Annual Turnover £75,000. The shop is an authorised dealership for Brother sewing machines and accessories, but really this potential for the business has not been promoted nor fully exploited. Measuring and alterations and bespoke curtain making and fitting are also lucrative facets of the business, but due to serious ill health the owner can no longer undertake the workload and as such the business is purposely operating below VAT threshold. So much scope exists here to set up an online presence and to offer mail order delivery nationwide. The acceptable mark-up for sewing and knitting supplies is almost 2.5 times the cost, making the supply of such products very profitable. The shop is stacked high with stock making it a veritable treasure trove of goods to offer the many tourists and local residents who patronise the business. The beach is blue flag and outstanding. The town, and therefore the business, attracts many tourists in addition to the large amount of locals who very much support their local businesses.
Premises comprise:- The premise enjoys an un-rivalled position on the corner of a parade of shops and businesses. At this corner is the driveway into the towns main car park which offers an hours free parking for shoppers. Much of the outside pavement in front of the premises is used to create an attractive scape of baskets full of wool and rolls of colourful and attention grabbing fabric. Enter the shop which again is packed ceiling high with stock, Long counter for the unrolling, display and cutting of fabric. Several sales areas, each dedicated to the display of fabric, wools, sewing accessories and sewing machines, bobbins and dress making accessories, dress making patterns and gifts. There is a room to the rear of the shop which serves as a restroom with tea / coffee making facilities. Staff WC. EPC Band C.
Stock £60,000 (Included within the Asking Price).
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For more information about this property, please contact
Ernest Wilson, LS27 on +44 113 482 9940 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ernest Wilson, and do not constitute property particulars. Please contact Ernest Wilson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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