Property photos
Just added
Business
£174,995
Retail premises for sale
Ebbw Vale, Wales, United Kingdom NP23Local area information
Property location
Nearby amenities
- River Centre 3-16 Learning Community 0.3 miles
- Willowtown Primary School 0.3 miles
- Ebbw Vale Town 0.3 miles
- Ebbw Vale Parkway 1.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ebbw Vale to find out more about the local area.
Features and description
Business
Please quote reference B09358
Cogogo are delighted to bring to market Enigma, a long-established and much-loved spiritual gift shop located in the heart of Ebbw Vale.
Trading since December 2005, Enigma has built a strong reputation as a unique, vibrant destination for spiritual, alternative and gift-led retail. The business is offered for sale due to retirement, presenting an exciting opportunity for a new owner to step into a profitable, creative and community-focused venture.
Enigma specialises in New Age, spiritual, steampunk and gothic products, alongside cbd oils and creams. A major highlight is the in-house manufacture of soy wax melts and candles, which generates excellent repeat trade and sets the business apart from competitors.
In addition to retail sales, the business benefits from three first-floor therapy rooms, rented out on an hourly basis for services including Reiki, massage, tarot and mediumship readings, hypnotherapy and beauty treatments. This creates an additional income stream and draws consistent footfall into the shop.
This is a rare opportunity to acquire a well-established, profitable and character-rich business with strong community roots, multiple income streams and genuine scope for further growth.
Early viewing is highly recommended.
Location
Enigma occupies a prominent and central position on Bethcar Street, one of Ebbw Vale’s main thoroughfares. The location benefits from strong visibility, regular footfall and close proximity to other town centre amenities, making it an ideal spot for destination retail. Having relocated to this more central position in 2011, the business has continued to thrive and attract both loyal local customers and visitors from further afield.
Premises
The property is freehold and was fully renovated prior to the business moving in. The ground floor houses the retail area, fitted with cupboards, shelving and slatwall. The basement provides a staff room, storage, craft room and toilet facilities.
The first floor contains three therapy rooms, each fitted with wall-mounted oil-filled electric radiators with 24/7 thermostatic timers. The building is fully electric throughout. An undeveloped attic space exists, offering potential for future use subject to access being reinstated.
Tenure
We are advised that the business operates from a freehold property, resulting in very low overheads Business rates are currently nil under small business rates relief.
We are advised that overheads are minimal, with electricity averaging approximately £83 per month and metered water costs around £200 per annum
Hours
The current operating hours are:
Monday to Friday: 9:00 am to 5:00 pm
Saturday: 10:00 am to 4:00 pm
Sunday - Closed
Staff
The business is owner-operated with support as required.
Financial Profile
We are advised that the business generates a turnover of £43,019 per annum.
We are further advised that the business produces a net profit of £12,871, reflecting a solid and sustainable return, particularly when set against the low overheads associated with freehold ownership.
We are advised that ongoing costs are modest, with the benefit of zero business rates under small business rates relief, making this an attractive and efficient operation for an owner-operator.
Full financial information will be made available to genuinely interested parties following a formal enquiry.
Please quote reference B09358
Cogogo are delighted to bring to market Enigma, a long-established and much-loved spiritual gift shop located in the heart of Ebbw Vale.
Trading since December 2005, Enigma has built a strong reputation as a unique, vibrant destination for spiritual, alternative and gift-led retail. The business is offered for sale due to retirement, presenting an exciting opportunity for a new owner to step into a profitable, creative and community-focused venture.
Enigma specialises in New Age, spiritual, steampunk and gothic products, alongside cbd oils and creams. A major highlight is the in-house manufacture of soy wax melts and candles, which generates excellent repeat trade and sets the business apart from competitors.
In addition to retail sales, the business benefits from three first-floor therapy rooms, rented out on an hourly basis for services including Reiki, massage, tarot and mediumship readings, hypnotherapy and beauty treatments. This creates an additional income stream and draws consistent footfall into the shop.
This is a rare opportunity to acquire a well-established, profitable and character-rich business with strong community roots, multiple income streams and genuine scope for further growth.
Early viewing is highly recommended.
Location
Enigma occupies a prominent and central position on Bethcar Street, one of Ebbw Vale’s main thoroughfares. The location benefits from strong visibility, regular footfall and close proximity to other town centre amenities, making it an ideal spot for destination retail. Having relocated to this more central position in 2011, the business has continued to thrive and attract both loyal local customers and visitors from further afield.
Premises
The property is freehold and was fully renovated prior to the business moving in. The ground floor houses the retail area, fitted with cupboards, shelving and slatwall. The basement provides a staff room, storage, craft room and toilet facilities.
The first floor contains three therapy rooms, each fitted with wall-mounted oil-filled electric radiators with 24/7 thermostatic timers. The building is fully electric throughout. An undeveloped attic space exists, offering potential for future use subject to access being reinstated.
Tenure
We are advised that the business operates from a freehold property, resulting in very low overheads Business rates are currently nil under small business rates relief.
We are advised that overheads are minimal, with electricity averaging approximately £83 per month and metered water costs around £200 per annum
Hours
The current operating hours are:
Monday to Friday: 9:00 am to 5:00 pm
Saturday: 10:00 am to 4:00 pm
Sunday - Closed
Staff
The business is owner-operated with support as required.
Financial Profile
We are advised that the business generates a turnover of £43,019 per annum.
We are further advised that the business produces a net profit of £12,871, reflecting a solid and sustainable return, particularly when set against the low overheads associated with freehold ownership.
We are advised that ongoing costs are modest, with the benefit of zero business rates under small business rates relief, making this an attractive and efficient operation for an owner-operator.
Full financial information will be made available to genuinely interested parties following a formal enquiry.
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Cogogo. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cogogo for full details and further information.