Large Freehold Music Shop In Cumbria

£300,000.00

Summary:

– £300,000 Freehold plus SAV
– Music retail business in Cumbria
– Largest music retailer in Cumbria and the main dealer for most top manufacturers
– Freehold Property Included
– Established in 1977
– Located on a main busy road in “Barrow-in-Furness” town centre
– Highly reputable with thousands of 5-star reviews on many online platforms
– Handover period available
– Fully Staffed

 

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.  


    Description

    Business Description: 

    Silk letting Ltd presents to the market a well-established music retail business in Cumbria.

    Established in 1977 our clients are the largest music retailer in Cumbria and the main dealer for most top manufacturers, covering almost every musical instrument.

    The business is highly reputable with thousands of 5-star reviews on many online platforms including Reverb, eBay, Google, and Facebook with 100% positive feedback on eBay.

    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 repair services to all musical instruments with local and worldwide shipping to ensure customer satisfaction. The business also includes a well-presented website which is provided with the sale.

    The business occupies a spacious freehold property that is fully stocked and fully equipped with all of the asset’s fixtures and fittings needed to run the business to its full potential.

    The business is capable to run alone with experienced staff members who have been in the same store for more than 10 years and are happy to stay in the business if requested. They have fantastic abilities and are capable to run the business by themselves. They are in-house trained technicians with many years of experience in serving and repairing all instruments.

    The business has established great connections with many major and countless suppliers. A handover for 6 months is also offered by the vendor to any new owner looking to take over the success of what the business has already established.

     

    Tenure:

    Freehold

     

    Staff:

    The business currently operates with three staff members who are happy to stay in the business.

    The business is capable to run alone where the staff members have been in the same store for many years and are capable to run the business by themselves. They are in-house trained technicians with many years of experience in serving and repairing all instruments. The owner is also happy to give a handover period of 6 months and can be negotiated to more.

     

    Location: 

    The business is located on a main busy road in the town centre. It benefits from a high footfall passing trade and is located near to many local amenities with no local competition. The premise benefits from on-road parking and is easily accessible by public transportation making the premise easily accessible by both the owners and customers.

     

    Premise, Fixtures, and fittings: 

    The spacious Freehold premise consists of a 3-floor building. It is fully secured by CCTV and fitted with security blinds. The ground floor includes a reception and sales area, basement, and backroom storage rooms. The first floor consists of a sale and a reception room. The 2nd floor includes a sales display area, shelving and storage rooms, kitchen, and bathroom. The 3rd floor is a teaching area 2 storage rooms and a photography area.

     

    Reason for sale:

    The owner is selling the business due to retirement. This allows the new owner to take over what the business has already established from 1977. A handover period is available by the owner if requested to allow a smooth transaction of the business.

     

    Business Rates:

    The business benefits from a small business rates relief.

     

    Opening hours: 

    Monday 9:00 Am- 5:30 Pm

    Wednesday 9:00 Am- 5:30 Pm

    Friday 9:00 Am- 5:30 Pm

     

    ***This is a fantastic opportunity that is not to be missed***

    Viewings are by appointment only and all enquiries are to be directed to Silk Letting.

    Contact Mounif at Silk Letting Ltd on 01615079791 or Mounif@silkletting.co.uk to secure your viewing!

     

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