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Ahuriri, 60 Bridge Street

Hawkes Bay Iconic Business For Sale

Price by Negotiation

Listing Number: HA25469
About this listing
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
Property Information
  • Business description: Retail
  • Business Name: Barrons On Bridge Street
  • Business hours
    • Monday: 9.30 - 4.30
    • Thursday: 9.30 - 4.30
    • Sunday: 10 - 3
  • Leased plant: Eftpos Machine
  • Items not included in sale: n/a
  • Property Type: Retail general
  • Carparks: 12
  • Turnover $: Turnover: $439,000, Per: Year
  • Gross profit $: %: 58
  • Lease details
    • Rent $: Rent: $40,000, Per: Annual
    • Start: 01/09/2014
    • To: 31/08/2023
    • ROR: 2 x 3
    • Reviews: 2 Yearly
  • Number of staff
    • Part time: 2
  • 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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