Unique Antique & Second-Hand Store in Bridlington

Bridlington, East Riding of Yorkshire
REF: INT2480

Asking Price:
£28,000
Annual Turnover:
£19,588
Annual Net Profit:
£11,222
REF: INT2480
Photo of Unique Antique & Second-Hand Store in Bridlington
Photo of Unique Antique & Second-Hand Store in Bridlington
Photo of Unique Antique & Second-Hand Store in Bridlington
Photo of Unique Antique & Second-Hand Store in Bridlington

Overview

Tenure:
Leasehold
Established:
2015
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Equipment Included

This is an exciting opportunity to acquire an established second-hand and antique specialist shop, stocking a variety of brilliant items such as jewellery, decorations, toys, and valuable antiques which are extremely unique.

Established over 7 years ago, the shop has a fantastic collection of items with 38 antique cabinets that are rented to customers to display their antique collections.

They also sell some electrical items, alongside an impressive variety of china sets, collector’s items and figurines.

While selling these items in their spacious shop, the business also lists stock on Facebook Marketplace as an added stream of revenue.

The antiques and second-hand business is located within a spacious store in Bridlington, with ample footfall and a great customer base.

They have over 38 antique cabinets which showcase their items, while also being available to rent out to customers. Currently operating from a leasehold premises, the rent is £425 p/m with no Business Rates.

Alongside selling through their shop, the business also makes use of their Facebook page which has an average of 5* ratings and advertises on Facebook Marketplace.

There is scope for growth within the online side of this business, listing items on various platforms such as Amazon, Etsy, eBay and others.

Currently, the business has heavily relied upon word-of-mouth recommendations and there is potential for there to be marketing strategies introduced with a push on social media channels such as Facebook and Instagram.

Developing a website that also includes the items they have for sale and showcases their best-sellers could be beneficial.

Features

Reputation

  • Google: 5.0

Online Presence

  • Facebook: Yes

Location

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  • High Street Location
  • Close to Local Businesses
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£5,100
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Year)
2022
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
XXXX
Current Ownership
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