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Business Hilton Smythe welcomes to the market Clevedon Music Shop.
This traditional music shop has been successfully run and managed by our client since 1989 and is very well known and respected in the area. The business now comes to the market as our client looks toward a well-deserved retirement.
The store is very well stocked with an array of instruments including banjos, clarinets, cello, drums, flutes and high end guitar brands such as Fender, Squier, Roland, Yamaha instruments, accessories and much more. The store has a large library of music sheets and books to suit all musical tastes and levels.
According to the 2016 accounts the business generated a healthy turnover in the region of £150,000 with a gross profit of 32%.
Our client also offers repairs and a tuning service. Music lessons are also available in drumming and guitar for complete beginners to the more experienced. An avenue of revenue the purchaser may wish to develop through relationships with local schools and societies.
Included in the sale is the very informative website with an easy to use on-line ordering facility using Paypal. It is an excellent website, only about a year old and maximised for mobile viewing.
Our client would be willing to discuss a freehold option.
Early viewing of this long-established business is highly recommended, ideal perhaps, for a music enthusiast to continue this highly reputable concern.
Location The business is located in the affluent Victorian coastal town of Clevedon, Somerset.
Clevedon Music Shop is located on Alexandra Road, a well presented and leafy street with other independent eclectic retail outlets and just 200 yards from the beach, seafront and pier. The business is located within a densely populated residential area from which the business derives its trade.
Clevedon is located between Weston-Super-Mare around 10 miles to the south and around 13 miles from Bristol to the East. The area is easily accessible from Junction 20 of the M5.
The business benefits from parking to the rear for 2-3 vehicles. Premises Well-presented end of parade premise briefly comprising: -
Large display window and good signage.
Music sales floor to front with central counter, musical instruments to walls and accessory sales area.
Large sheet music room.
Rear repairs and tuning room/office.
Basement with ample storage.
Kitchen, staff and ancillary areas.
Access door to outside yard and rear parking for 2-3 cars. Tenure We are advised leasehold with a new lease available by negotiation, with rent at £8000 per annum.
A Freehold option is also available. Hours The business opens: -
Monday to Saturday 9.30am – 17.30pm staff The business is owner run and managed with the assistance of 2 full time members of staff and additional Saturday assistance. Financial profile According to the 2016 accounts the business generated a healthy turnover in the region of £150,000 with a gross profit of 32%.
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For more information about this property, please contact Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)
Contact Hilton Smythe Commercial about this property
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.