Established Haberdashery and Needlecraft Shop in Bewdley, Worcestershire

£5,000 + Stock (circa £21000)  

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Property Details

City Business are pleased to bring to the market this well-established, popular “Lifestyle” business, located in an historic, popular and bustling riverside market town in Worcestershire.  The premises are 2-storey with street parking nearby.

  • Great location
  • Well-established with good reputation
  • Fixtures, fittings included in asking price
  • Massive scope for growth

Established for 30 years, the business has grown to a turnover of £40,000 per annum and benefits from full rate relief.  Together with good gross margins it generates a good return on investment. It now only comes onto the market due to our client’s wish for a well-earned retirement.

The business offers a wide range of Haberdashery products such as Fabric, Knitting Patterns, Yarn and a full range of Sewing and Knitting accessories for those `Sewing Bee` enthusiasts.

There is also a very busy curtain making and clothing alterations service, the continuation of which the owner would be willing to negotiate.

Currently run mainly as an owner-run operation trading 6 days a week, the business would suit someone looking for a `lifestyle business` to support a vastly popular passion for Needlecraft.

The business is offered with all fixtures and fittings (circa £2,000) .

Trading Hours: 5 and a half days, (closed half day Wednesday)

Staff: 1 full-time (owner)

Rent: £770 per month , Future tenancy/rent tba by landlord in line with market valuations

Lease: Rolling lease

Rates: Zero

Turnover: £40,000 per annum

We feel there is massive scope to increase turnover and profit by offering craftwork and sewing classes, and embracing social media to advertise the already superb goods and services on offer.

Viewing is highly recommended.

A full profile is available once a non-disclosure agreement has been signed.

All enquiries to City Business Brokers.

Note: Library images may have been used for display purposes

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