Oldfield Smith & Co have been instructed to market an established picture framing business for sale located on the A259 road, one of the main routeways to Eastbourne town, close to the roundabout junction and close to the mainline train station. The recently improved and enlarged Beacon shopping centre entrance is close by. The premises are arranged as retail area to the front with workshops and stores to the rear, basement and private car parking. Further details and measurements can be viewed by clicking on the link here.
The business is incorporated as a Limited Company and trades as a picture framing shop having been operated by the current owner for over 20 years and been established for 40 years. The owner, who works limited hours, is looking to retire from the business. There are good stock levels of mounts, framing materials etc. for continued trading with the following equipment to be included in the sale, a breakdown of this can be seen on the link as above.
A new lease will be made available on normal proportionally full repairing and insuring basis at a commencement rent of £25,000pa, length to be agreed. A premium of £70,000 is required.
Under no circumstances should any staff be approached in the shop as they are unaware of an impending sale. Appointments to view will therefore need to be carried out outside of normal trading hours or when the owner is working without staff.
Please call the office on 01825 762222 should you have any further queries.
