Profitable Dartmouth Devon Art Gallery with Prime Location and 20-Year Reputation for Sale
Dartmouth, Devon
- Status
FOR SALE
- Date Submitted:
11/03/24
- Advert ID
608056
- Reference
AC35977N / Rightbiz
- Call Agent:
- Leasehold: £189,000
- Turnover: £358,728 (£6,899 Per week)
- Net Profit: Not Applicable
Business Details
ART GALLERY
Exceptional ART GALLERY, highly profitable, situated in the affluent highly desirable SOUTH DEVON waterside town of DARTMOUTH, voted in 2023 as one of the best seaside towns in which to live. Attracting visitors throughout the year, host to holiday homes, second homes and visiting cruise ships, ensures an abundance of regular and repeat trade. Benefiting from high profile town centre trading position, fronting busy thoroughfare, masses of pedestrian flow, close to the 'Embankment' from where river cruises depart.
Unique eye catching premises, substantial character curved glazed frontage considered most valuable, the likes of which rarely become available. Extending over 2 floors, approaching 1,000 square feet, providing ground floor air conditioned gallery area complete with staff kitchen and cloakroom. Benefiting from easy access customer friendly staircase to first floor, currently provides large store, which could provide additional gallery area, additional inter-connecting store/office.
Destination business, established in excess of 20 years, approaching 15 years current ownership, retirement sale. Retailing quality originals, limited edition prints, bronzes, sculptures, and ceramics for all budgets. Stocking items from a valuable database of approx. 30 core artists, in particular local artists, with numerous approaches received and waiting list held. Sales 2023 £358,728 ex Vat, Gross Profit £182,319 (51%), impressive six figure Net Profit, scope to increase through expanding gallery, exhibitions, & online sales.
Leasehold £189,000 sav Ref: AC35977N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
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
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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 amount 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
Contact seller
Stay Safe
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.
Stay Safe
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
Get Solicitor
