Inceptive Freehold Music Shop in Cumbria

  • Freehold
  • Huge Potential
  • Prime Locations
  • Unique Opportunity
  • Highly Rated
  • Established Business
  • Proof of Funds Required

Description

Silk Letting is proud to present to the market a unique opportunity to own a well-established music retail business in Cumbria that has a worldwide client base.

The business benefits from regular repeat local clients and a high number of internet customers.

 

This highly reputable business has been established since 1977 and is the largest music retailer in Cumbria and the main dealer for most top manufacturers covering almost every musical instrument.

 

This highly reputable business has many 5* reviews on many online platforms and has a fully functional website, a large social media following through Facebook and Instagram showcasing their products and services Worldwide.

 

They are main dealers for many top brands and stock thousands of guitars, basses, amps, keyboards, brass, woodwind, recording equipment, PA equipment and accessories. They also provide a repair service.

 

As well as selling and repairing musical instruments they also offer music lessons and the current owner has freelance music teachers that would be willing to continue once the business is sold, this generates additional customers and profit.

 

The business has preestablished relationships with countless suppliers, and this is included in the sale of the business along with the substantial client base.

 

 

Location and Amenities:

 

The business is ideally located on a busy main road in the town centre. It benefits from a high footfall of passing trade and is located near to many local amenities with no local competition. The premises benefits from on-road parking and good transport links making the business easily accessible by both staff and customers.

 

Growth Potential:

 

This is a perfect opportunity for any new owner to continue to build on the solid foundations of an already established and successful business and to take it to the next level.

 

Offers and discounts for customers on social media. Expand the services provided.

 

Financial Profile:

 

Tenure: Freehold

 

The business benefits from small business rates relief meaning it does not pay any business rates.

 

Turnover available upon request.

 

 

Property:

 

This spacious freehold consists of a basement and 3 floors. The basement is fully fitted with shelves and is currently used as a storage room, the first floor includes a large sales area displaying a vast selection of guitars and accessories, the second floor includes a sales area displaying drums, keyboards and accessories, a storage room, kitchen and workshop, the third floor includes 2 storage rooms and a photography area.

The business has a valid EPC certificate.

 

Security Features:

 

The front of the property is fitted with a roller shutter door and a security door is fitted to the rear of the property.

 

 

Fixtures and Fittings:

 

The business is well fitted and presented throughout with all shelving and fitting included in the sale a handover period is available if required.

 

The business carries a high amount of stock items and this is not included in the asking price but is available to any new owner to buy for £130,000. A full stock list is available upon request.

 

 

Staff: 

 

The business currently operates with 5 staff members who are all happy to continue their employment under new ownership.

 

The staff members have been employed for a number of years and can run the business with no assistance so this could be a great opportunity for a hands-off owner looking for a new investment opportunity.

 

The staff are in-house trained technicians with many years of experience in servicing and repairing all instructions.

 

This is a turn the key opportunity for any new owner looking to purchase an already existing business the opportunity to take it to the next level. The business is currently open:

 

Monday – Wednesday 9 am – 5.30 pm

Thursday – Closed

Friday – 9 am – 5.30 pm

Saturday – 9 am – 5 pm

 

 

Reason for Sale:

 

The owner is selling the business due to retirement. Creating a fantastic opportunity for any new owner to build on an already established business with a fantastic reputation.

 

Would you love to be running an already successful business and to call it your own? This is a business to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate this business to be on the market for long.

 

This is a huge and unique business opportunity to become your own boss and carry out your passion daily.

 

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

 

 

VIEWING STRICTLY BY APPOINTMENT!

 

 

If you are interested please contact us to discuss any sale enquiries or arrange a viewing on 03333 350218.

Contact Us

VIEWING STRICTLY BY APPOINTMENT!

0333 335 0218

admin@silkletting.co.uk

Finance options available

Speak with us about our flexible financing options

0333 335 0218

info@silkletting.co.uk

Contact us for more details, or book a viewing

Once an enquiry has been submitted you will receive a call from our team within 3 business hours.