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Ahuriri, 60 Bridge Street

Hawkes Bay Iconic Business For Sale

Price by Negotiation

  • Listing Number: HA25469
Property Information
Iconic Hawkes Bay retail business, for sale. This is a retail business offered for sale, though negotiation to buy the wholesale and import part of the business can be made.
The retail shop is situated in a high-profile position in a busy, upmarket suburb of Napier. A long lease is in place till 2023.
Turnover last year for the shop was $ 439,000pa + GST.
Retail comprises many exclusive lines of furniture, pottery, lighting and giftware. The unique nature of the business means there is no direct competition arguably in the whole of the country.
The owners go to India, Thailand, Myanmar and Laos on a regular basis, looking for different and unique pieces to bring back. This is no ordinary gift or furniture shop.
The 500 + sq mt. shop and outdoor display yard is tastefully laid out in a rustic style.
This shop is an interior designers paradise and the many exclusive lines keep the customers returning.
The business has a regular clientèle that has been well established over 30 years, the owners now having established a retail presence in Napier wish to semi retire.
Contact Kerry Harford for further details
Business descriptionRetail
Business NameBarrons On Bridge Street
Business hours
Monday9.30 - 4.30
Thursday9.30 - 4.30
Sunday10 - 3
Leased plantEftpos Machine
Items not included in salen/a
Property TypeRetail general
Carparks12
Turnover $Turnover: $439,000, Per: Year
Gross profit $%: 58
Lease details
Rent $Rent: $40,000, Per: Annual
Start01/09/2014
To31/08/2023
ROR2 x 3
Reviews2 Yearly
Number of staff
Part time2
Listing price details
Stock $200000
Total (plus GST if applicable) $410000
Intangible assets $200000
Other $10000

Contact Details

Hastings

Regent Realty Ltd

Licensed REAA 2008

307 Karamu Road North
Mayfair
Hastings
Office website

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