30-Year-Old Jewellery Business with Maisonette & Workshop for Sale in Crediton Devon at £249k
Crediton, Devon
- Status
FOR SALE
- Date Submitted:
08/03/23
- Advert ID
509553
- Reference
J35655N / Rightbiz
- Call Agent:
- Freehold: £249,000
- Turnover: £97,658 (£1,878 Per week)
- Net Profit: Not Applicable
Business Details
JEWELLERS, GIFTS & JEWELLERY REPAIRS
Unopposed JEWELLERS, also retailing some GIFTS, and undertaking some in house JEWELLERY REPAIRS with other repairs contracted out to watchmakers and jewellery repair workshops. Situated in the busy MID DEVON town of CREDITON, occupying prime High Street trading position with Tesco Express and Costa Coffee within close proximity, being easily accessible, benefiting from free on street pull over car parking close by.
A deceptive 4 storey property, provides ground floor retail shop with lower ground floor storage which would suit workshop should new owners wish develop the repair side of the business. With totally separate access is a maisonette extending over the first and second floors, offering kitchen/breakfast room, sitting room, 2 bedrooms and bathroom, well presented, the subject of investment over the years, suit owner occupation or could be rented out.
Renowned business, operated by the current owner since it was established nearly 30 years ago. Offering quality affordable jewellery and gift lines to include clocks, photo frames and collectibles. Enjoys strong following, lots of local regular customers, also attracting customers from Exeter. Sales 2022 £97,658 ex Vat, Gross Profit £62,660, consistent levels of profitability, ample scope to grow and develop business, in particular in respect of repairs
Freehold £249,000 sav Ref: J35655N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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