Retail premises for sale in Elgin, Scotland, United Kingdom IV30, £74,995

74,995.00

Offer Nr.:
61838220
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B06957_
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a
freehold basis) an award winning, exceptionally well run and thriving arts and
crafts business.
Bee Crafty has been under the careful and meticulous ownership of our client
since 2005, building up an enviable reputation not just locally but within the
industry in general, a true testament to the hard work and dedication from the
current owner, resulting in the high calibre of business on offer. The
business is now being offered for sale due to our client wishing to leave the
industry after many successful years of trading as they look to retire in the
near future.
This long - standing business originally started trading in 1989, with our
client initially running the business from 1998, before taking full ownership
in 2005. The business stocks an extremely wide variety of arts and craft
materials and has many loyal customers who visit them from all over the
country. The business was voted the ‘Best Independent Retailer in Scotland’ in
the ‘Best of Crafts Awards’ for 3 years running which is voted for by the
readers of Crafts Beautiful magazine, a true testament to the dedication from
the owner and staff within the business.
We feel there is scope to increase turnover with the undertaking of a robust
marketing campaign via local press, social media, along with the introduction
and promotion of a dedicated website where customers can either click and
collect or order for delivery, along with the introduction of some further
products.
This is a highly desirable business with an excellent business model in place
and would be a very attractive proposition for either an individual or
partnership looking for their first business in this sector which is already
established, or for an experienced operator looking for an additional business
with an attractive income stream.
A tremendous opportunity to own this well - established and popular business,
with the current owner happy to offer a hand over period. Early enquiries 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. Due to the number of wedding related
businesses on this street, South Street has long been known as “The Wedding
Street'' by locals and customers.
Elgin is well serviced with a wide range of local amenities including primary
and secondary schooling, Dr Grays 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 ground floor, single fronted retail property, a
bright and welcoming interior comprising ample display areas with shelving to
the perimeter, free standing displays to the centre and a service counter. The
shop further benefits from ample storage and w/c facilities. The premises can
be found in overall good condition.
_Tenure_
We are advised that the business is being sold on a Freehold basis.
_Hours_
The business hours are -
Monday – 10: 00 – 17: 00
Tuesday – 10: 00 – 17: 00
Wednesday - 10: 00 – 17: 00
Thursday – 10: 00 – 17: 00
Friday - 10: 00 - 17: 00
Saturday – 10: 00 – 17: 00
Sunday - Closed
_Staff_
We are advised that the business is owner run and managed, with the help of 2
part - time members of staff.
_Financial Profile_
Further financials can be made available upon request.
_Please quote reference B06957_

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