An opportunity to acquire a FAMILY-RUN NEEDLECRAFT AND HABERDASHERY BUSINESS in the heart of TAVISTOCK.
SITUATION AND DESCRIPTION An opportunity to acquire a successful family run business in the heart of Tavistock.
Situated with the famous old pannier market complex in the centre of the town, the business was established in 1986 and has been family run ever since. Specialising in a wide range of needlecraft products including patchwork and quilting, tapestry and embroidery, quality fabrics and wools, sewing machines and general haberdashery, the business is perfect for someone looking to continue this well established retail operation from the delightful surroundings of Tavistock town, while opportunities remain for expanding on-line side further.
The business has averaged turnover (prior to covid 19) above £260,000. Further details are available on request.
The stock of the business is available to purchase through separate negotiation.
TENURE Leasehold. The business premises is leased from Tavistock Town Council. The present lease is a 3 year lease expiring on 4 May 2024. The rent is £10,000 per annum exclusive of VAT. A copy of the lease is available on request.
SERVICES Mains electricity, mains gas, mains water and mains drainage. Plus telephone and Broadband.
The gas boiler is sited in an external store to the rear of the property and we understand this area is also large enough for storage.
VIEWING Strictly by appointment with the sole agents, Mansbridge Balment, on (01822) 855055.
DIRECTIONS The Pannier Market is located in the centre of Tavistock in a pedestrian zone just off the central town square. The business itself is one of the premises surrounding the main central building.