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Kent Art Shop And Gallery For Sale

Ref: N616
City: Tunbridge Wells, Kent United Kingdom
Price: £ 9,950
Sales Revenue: 146000
Property: Leasehold
Description
Prime location – 2,800 sq/ft gross floor area PRICE REDUCED TO £9,950 FROM AN ORIGINAL ASKING PRICE OF £25,000! The business was established in 1996 and has been in the present hands for some 4 years. The business is now only being marketed as a result of the vendor’s family commitments. Tremendous potential exists to expand and promote the gallery side of the business and also for the introduction of a printing and copying service. Turnover - £146,000 p.a. @ 50% g.p. Note: The business holds stock of between £40,000 - £45,000.
Terms of the lease/leasehold
TENURE – New lease available on flexible terms. RENT – Currently £17,500 P.A. (3 yr reviews) RATES - £10,000 P.A. Payable
Location and Property
These spacious premises occupy a prominent trading location fronting a busy major road in the centre of Tunbridge Wells. The business draws trade from over a wide catchment area.
Trading Hours of Business
9.00am – 5.30pm - Mon to Sat Closed - Sun
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3 Bank House, High Street, Wrotham, Kent, TN15 7AE
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