Summary - The Castle The Castle The Castle, North Street, Ripon, North Yorkshire, HG4 HG4 1HJ
1 bed 1 bath Retail Property (high street)
**Key Features:**
- Established homeware business with 30 years of operation
- Prime leasehold retail location in the heart of Ripon, North Yorkshire
- Strong financial performance:
- Turnover of £295,972 (2024)
- Adjusted Net Profit exceeding £75,000
- Exceptional reputation and loyal local customer base
- Opportunity for expansion into online sales and further retail diversification
- Potential to utilize vacant third-floor space for additional retail or residential use
- **Price:** £49,950 + Stock at Valuation (SAV)
This is a rare and exciting opportunity to acquire a well-established homeware business in the bustling market town of Ripon. With over three decades of successful operation, this retail gem boasts a loyal clientele and impressive profitability. Currently generating significant sales, this venture presents room for further growth—explore online retail avenues or capitalize on the spacious third-floor area, perfect for expansion. The Victorian property offers a prime location on the high street, ensuring excellent foot traffic and visibility.
While the business operates daily, benefitting from a strong local presence in a community with various amenities, it's crucial to act swiftly, as opportunities like this are limited. Don’t miss out on this chance to step into a thriving enterprise with established success and significant future potential. Early inspection is highly recommended to secure this compelling investment in Ripon's vibrant commercial landscape.
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