Shop For Sale

Business description

Comments:
Gifts & Souvenirs:
One of Mallorca's longest established British owned business under the same ownership for more than 30 years and consistently successful during that time. The business occupies an idyllic sea front position overlooking a picturesque bay and can trade all year round offering a wide range of gifts, souvenirs and beach accessories and also specialising in Nao by Lladro porcelaine figures. This is probably one of the best retail outlets that you will find in the whole island.

Current Operation:
This business is reputed to be the oldest established British business, owned by the same family for 33 years, on the island. For many years the stock sold was primarily Lladro or Nao figures but more recently the other goods on offer have become the primary lines. These other products include clothing, costume jewellery, ceramics, watches, postcards, fishing tackle and a wide variety of gifts and souvenirs. A mail order service is available through the off-season, which proves very popular around Christmas time, as most of these products are on offer at half the price of the rest of Europe. There is a front terrace that is accessible from the promenade overlooking the sea, but it is not used to its full potential at the moment. Located here are just a few display stands for some of the smaller items available. Folding white doors completely open up to the double fronted very bright and airy interior. There is shelving all around the walls for the display of the Lladro and Nao porcelain figures and there are centrally located cases for the display of the watches and jewellery. Two small store areas are situated at the rear of the shop. The recent redevelopment of the promenade that runs around the whole bay onto the next beach has improved the passing trade considerably.

Notes:
This is a very rare opportunity to purchase a very long-standing and steady business, which has proved very financially beneficial to current owners. With such a wonderful location, this easy to run business is ready to trade on day one and offers a great lifestyle for its new owners. Without a doubt this has to be one of the best retail opportunities that we have ever seen.

Premises Dimensions:
Inside: 80 Sq. metres
Outside: 30 Sq. metres

Finance:
Both the asking price and rent are reasonable for the location of the premises and the success of the business. The porcelain pieces are extremely popular and collectable, therefore providing a very steady income for the current owners. The price does not include stock, which will be valued at the time of purchase.

Rent:
£740 per month

Asking Price:
€64125

Property information

Real Estate:

Lease

Location:

This business is located along a short line of bars and a couple of shops on a stretch of land overlooking a beautiful beach and small marina. The resort is very cosmopolitan, offering accommodation to tourists and residents from all over Europe. Many apartment blocks and hotels are situated nearby, as the beach is very central to the resort.

Contact the seller