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Unique music shop in Ashford Kent available for sale due to owner's retirement

Ashford, Kent, ID 169158

Unique music shop in Ashford Kent available for sale due to owner's retirement 1
Unique music shop in Ashford Kent available for sale due to owner's retirement 1
Asking price:
GBP £75 000
Turnover (per year): £108 000 gbp
Net profit (per year): £10 000 gbp
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Description

Welcome to a well established retail and services business offering a diverse range of gifts, hobbies, and specialist products, operating successfully in Ashford, Kent for 14 years. The shop provides an extensive selection of items including gifts, games, musical instruments, bicycle parts and accessories, fishing equipment including bait, and a variety of hobby related products such as model trains, puzzles, toys, and homeware gifts. A key feature of the business is its strong focus on music retail and tuition. The store offers instruments ranging from guitars and ukuleles to violins, piano, drums, and woodwind instruments. It also provides music lessons across multiple instruments for learners of all ages and skill levels, creating a steady and reliable income stream. Additional services include bike repairs, musical instrument servicing, watch battery replacement, and the sale of sheet music and music books, positioning the business as a multifunctional hub for local hobbyists and the community. The business benefits from a loyal customer base, including cyclists and anglers attracted by nearby leisure areas, as well as families and music students. It is located in a central position within a well served area with surrounding retail and hospitality businesses that help drive footfall. The business operates with self employed staff, reducing overhead and management requirements, and has shown consistent turnover growth over time. Key Information . Leasehold price £75,000 . Annual turnover £108,000 . Annual rent £16,200 . Established 14 years . Profit margin approximately £10,000 . Self employed staff structure . Diverse retail and service offering . Music tuition and instrument sales included The owner is retiring, creating an opportunity to acquire a long established community focused business with multiple income streams and potential for further development.

Details

Real Estate: Lease
Reason for selling: Retirement
Asking price: 75 000 gbp
Turnover (per year): 108 000 gbp
Net profit (per year): 10 000 gbp
Rent (per year): 16 200 gbp

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