Business for sale in United Kingdom – Suffolk – Suffolk – Ah132-stylish art gallery specialising in contemporary paintings and sculpture

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Business for sale in United Kingdom - Ah132-stylish art gallery specialising in contemporary paintings and sculpture

Asking Price: 100,000 £ Real Estate: Lease
Sales Revenue: 140,000 £
Net Profit: 20,000 £
Year Established: 2000
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/Suffolk/Suffolk

Business types:

Arts, entertainment & Recreation

Business categories:

Museums ; Other Arts, Entertainment & Amusement Businesses

Business description

opened approximately twelve years ago, this is a very well established, well respected gallery specialising in a diverse and exciting tange of contemporary paintings and sculpture in a broad variety of styles. The gallery displays art from a selection of artists, focussing on mainly traditional pieces, all of which are originals, at affordable prices. This is a well-organised business featuring artists that are successful and popular works of art that sell well. Since its conception, this gallery has consistently performed well and has grown organically in turnover and sustained steady increase in gross profits. The gallery has an excellent reputation and is approached on a regular basis by many artists hoping to get their work exhibited. Large, contemporary pieces, not easily found elsewhere, from regular artists who often have a keen following of collectors are the staple diet of this business, with prices ranging from as little as £150 for the smaller pieces through to £3,500 for the larger pieces from more established artists. Almost all pieces are carried on a ‘sale or return’ basis with the gallery receiving a sizeable commission on sale

Additional information

Additional information: Not Disclosed
Support & training: Full business familiarisation, training and handover will be provided to ensure a smooth transfer of ownership.
Reasons for selling: The owner is emigrating.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Rates are slightly in excess of £6,000 per annum. The vendor owns the freehold of this beautiful property that is available by separate negotiation.
Location: The gallery can be found in a bustling quintessential Suffolk village and is in an imposing Victorian building that is situated within easy reach of Cambridge, Newmarket Ipswich and Saffron Walden. Freehold: the Ground Floor premises are divided into five separate display areas: covering approx. 750 sq. ft. a large dry cellar operating as an art storage area. Accommodation: Landing: Drawing Room: Dining Room: Kitchen/Living Room: Large Bright Terrace: Bedroom 1, with en-suite bathroom: 2 further double bedrooms: Family Bathroom:

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