Antiques and Collectables Business for Sale in Shanklin Isle of Wight

Description

Antiques and Collectables business for sale - leaseholdA well-presented antiques and collectables business is offered for sale on a leasehold basis, located in a strong tourist and visitor area. The business operates with cabinet rentals, dealer space and flexible retail areas, with rental income from cabinets and trading space effectively covering the main overheads. There is additional unused space available for further cabinet rentals, additional dealers and expanded retail displays, along with areas reserved for the owner’s own stock and sales.The business was established approximately one year ago and has been well received, attracting repeat trade from both local customers and seasonal visitors. The main trading season is approaching, with the business located adjacent to a 70-bed hotel that operates for most of the year, providing a consistent flow of potential customers.Turnover and profit are shown as zero due to the mixed-income model from various rental and sales elements, with strong scope for future structured financial reporting under new ownership.The current operation is run on limited hours from Wednesday to Sunday, 10:00am to 4:00pm, with significant potential to extend opening days and trading hours to increase revenue. One dealer currently covers two to three days per week, with the owners covering the remainder.The sale is being brought to market due to the owners no longer residing on the island and the ongoing challenge of commuting from Kent on a weekly basis, alongside wider family and business commitments. This represents a genuine reason for sale.