About this property

PICTURE FRAMERS & GALLERY FOR SALE

MEDINA GALLERY
80 BOUTPORT STREET, BARNSTAPLE, NORTH DEVON EX31 1SR

PRICE: OIRO £45,000 leasehold
Incl. trade fixtures, fittings and equipment, goodwill and stock

 Established 50 years
 Close to town's High Street, Cinema etc
 Training available, if required
 Turnover circa £60,000
 Owner run business
 Turnkey operation
 Rateable Value: £11,000

PICTURE FRAMERS & GALLERY FOR SALE

MEDINA GALLERY

80 BOUTPORT STREET, BARNSTAPLE, NORTH DEVON EX31 1SR

PRICE: OIRO £45,000 leasehold

Incl. trade fixtures, fittings and equipment, goodwill and stock

§  Established 50 years

§  Close to town's High Street, Cinema etc

§  Training available, if required

§  Turnover circa £60,000

§  Owner run business

§  Turnkey operation

§  Rateable Value: £11,000

SITUATION

The Medina Gallery is located close by to both the High Street and Cinema, on a busy thoroughfare with much passing and chance trade.

THE PROPOSAL

Our client is inviting offers around £45,000 for a new lease (£12,000 p.a.x) including all trade fixtures, fittings and equipment, the goodwill of the business and stock.

THE BUSINESS

Medina Gallery has been owned and operated by our client for approaching 50 years (40 years from this current premises). Operated on easy hours and specializing in both bespoke and custom framing, mounting, box framing etc. To the ground floor is the Gallery retailing prints, readymade frames and mounts together with original art. To the first and second floors are the comprehensively equipped framing workshops.

AGENT’S NOTE

Training will be provided as part of the hand over process. This is a perfect lifestyle or retirement opportunity, rarely available and ideal for those seeking to escape the rat race!