_Business_
_Please quote reference B06861_
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a
freehold basis) an exceptionally well run and popular wool shop and
needlecraft business
The business has been under the careful and meticulous ownership of our client
for the last 18 years, building up an excellent reputation within the local
area, with the business being in this situation for many years prior to our
client’s ownership. The business has only now come to the open market as our
client wishes to leave the industry after many successful years of trading,
and who would like to see the business pass to someone with the same drive and
enthusiasm to take the business forward.
Linda’s Wool and Needlecraft is a real treasure trove for all things wool and
needlecraft related. The business stocks a vast selection of wool of varying
types and colours, along with patterns and knitting equipment along with
stocking a wide selection of cross stitch, tapestry and haberdashery supplies
and is seen as a hub within the local crafting fraternity.
We feel there is scope to further increase the turnover for the business, by
undertaking a robust marketing campaign via local press, social media, along
with the introduction of a dedicated website to help further promote the
business. There is also the possibility to take the business online to supply
a wider target market via online ordering and setting up an amazon and eBay
outlet.
This outstanding well established business trades on its reputation for
quality and service and has outstanding future possibilities.
The current business owner is more than happy to offer a hand over period if
required.
A tremendous opportunity to own this well - established and popular business,
and early viewings are highly recommended to avoid disappointment.
_Location_
The business is located in a prime trading location on South Street, within
the popular Moray town of Elgin. The business is complemented by being
surrounded by a host of local independent retailers, leading to a good level
of footfall, and passing trade.
Elgin is well serviced with a wide range of local amenities including primary
and secondary schooling, Dr Gray’s Hospital, along with a good selection of
hotels, pubs, restaurants, and a variety of independent and major retail
stores. The town further benefits from excellent road and rail links to the
cities of Inverness and Aberdeen
_Premises_
The business is located in a tradition retail style property, with the shop
itself having a large display window directly onto the street and comprises a
ground level sales floor area with various wall displays and racking, service
counter located to the rear of the shop, with further storage and w/c
facilities located to the rear of the premises.
_Tenure_
We are advised the business is being sold on a Freehold basis.
_Hours_
The business trading hours are as followed:
Monday to Saturday - 09: 00am - 17: 00pm
Sunday - Closed
_Staff_
The business is run and managed by 1 full time and 1 part time staff member.
_Financial Profile_
Further financial information can be made available upon request.
_Please quote reference B06861_

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