Sold. Models, Crafts & Hobbies Business For Sale

This is an excellent opportunity to acquire a specialist craft shop situated on Gidlow Lane in Wigan.

Crafty Shops has been trading strongly since it was established in 2004 and over that period it has earned an enviable reputation within crafting circles. The business has been operating from the premises on Gidlow Lane since 2008. This well respected business is only being offered for sale for personal reasons and therefore this presents a wonderful opportunity for a new owner to enjoy this excellent reputation along with the businesses own fantistic website:www.craftythoughtsofwigan.co.uk.

The business has an extremely high gross profit margin and this is due to a combination of high profit retail items combined with the regular workshops that the current owner has introduced over the years. Workshops currently take place on Tuesday, Wednesday and Thursday from 7pm to 9pm. These workshops are extremely popular and allow the founder of the business to share her expertise with customers and therefore this generates a lot of new retail sales. These workshops have formed the backbone of the business and have help achieve the accolade of being included in the '5 Best shops in Wigan'.

Externally the business is located amongst other independent retailers once inside the true side of the building can be fully appreciated. The current owner has transformed the interior of the building to deliver an open plan feel to the shop. The first half of the shop is a typical retail unit, with wall shelving and counter, the open plan aspect to the rear half allows the current owner to operate workshops for up to nine people whilst still able to operate the retail side.

The building offers a one bedroom living accommodation presented to a very high standard. The kitchen for the accommodation is located on the ground floor, whilst the lounge, bathroom and bedroom are all located on the first floor. Externally there is a rear yard.

Crafty Shops would ideally suit a keen and enthusiastic hands on owner operator who could build upon the enviable reputation that has been earned by the current owner and push the business on to the next level whilst enjoying the delightful living accommodation. Early viewings are essential as an early completion is anticipated.

Single Fronted Shop Premises, Sales Area, Demonstration Area/Workshop, Kitchen, Lounge, Bedroom, Bathroom

Fixtures & Fittings: Dining Table, Shelving, Till, Fold Up Table, Counter
Trading Hours: Tuesday - Saturday 10:00am - 5:00pmClosed Mondays & SundaysBusiness Value: £17,500 SAV
Property Value:
Business & Property Value: Turnover: GP 70%+
Rent: £162.50 PW
Tenure: Leasehold