ZERO BUSINESS RATES A fantastic small business being a gallery and picture framing workshop right in the centre of the thriving tourist village of Windermere. The current owner is happy to offer training and assistance to facilitate a smooth transition of ownership.Description: ZERO BUSINESS RATES
Gallery 2 is a long established gallery and picture framing business which has been trading for at least 25 years. The current owner has been trading since 2005 and hopes to sell with retirement in mind. The business is sold as a going concern with all fixtures and fittings and equipment necessary to allow the business to continue as a going concern.
Held on the balance of 2 new 12 year leases from November 2014 with the rent passing of £13,580.
Currently with a turnover of £80,000 and this sale creates a great opportunity to own a very manageable small business of your own.
The business sells both originals and print and various other artworks together with a thriving picture framing service.
Situation: Set right in the heart of the thriving tourist village of Windermere, one of the Lake Districts premier destinations, in the centre of the one way system of the junction of Beech Street and Main Road, on one of the Prime retail positions.
Sales Area 25' 6" x 10' 6 max" (7.77m x 3.2m) A fantastic corner room with windows fronting both Beech Street and Main Road. Added benefit of high ceilings allowing much more wall space for added display areas.
2nd Sales Area 15' 5" x 11' 7" (4.7m x 3.53m) with display window onto Beech Street and high ceilings again. .
Inner Hall access to shared area with stairs down to locked basement storage area.
Workshop 20' 0 max" x 17' 2" (6.1m x 5.23m) with excellent display window to the front and side onto Main Road and packed full of all the equipment and tools needed to be an effective picture framing business. Full inventory of equipment will be made prior to the sale.
Stairs to Basement:
Store 1 10' 2" x 8' 5 inc WC" (3.1m x 2.57m) Storage with WC and wash hand basin off.
Store 2 12' 8" x 8' 7" (3.86m x 2.62m) with access through to separate WC with wash hand basin.
Lease Gallery Two is held on the balance of 2 similar leases for either part of the shops, both for 10 years from 1st March 2017, with 3 year rent reviews. The larger Gallery unit (Beech Street side) currently pays £7,830 with the smaller "workshop" (Main Road side) of £5,750. These leases will be assigned to the new owner of the business.
Business Rates: Due to the rating concessions the businesses have small rates relief which means no business rates are paid.
Viewing: Strictly by appointment with Hackney & Leigh, Windermere Office.
Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.