EXCELLENT SPORTS & FANCY GOODS STORE - NORTH WALES

Price:

Leasehold - £125,000

Seller Ref:

2566

Location:

Wales, Rhyl

Business Type:

Retail businesses

See Other:

Fancy dress shops for sale in Wales
Fancy goods shops for sale in Wales
Sports shops for sale in Wales
Retail businesses for sale in Wales

Description:

THE BUSINESS:

EXCELLENT SPORTS & FANCY GOODS STORE - NORTH WALES
Annual turnover of £90,000 with 40% gross profit
Situated in the beautiful resort of Rhyl
Early viewing highly recommended
Scope for further development
Specialised sports equipment
Low annual rent of £8,400
Central trading location
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this superb sports and fancy goods store located in the seaside resort of Rhyl, North wales. The business was established by our clients in 2007 and only now is the business being offered to the market due to our clients having other business interests. We are advised of an annual turnover of £90,000 per annum with high gross profit margins. This is derived from the selling of a vary large selection of goods that range from Tobacco and magazines to specialised hunting equipment including clothing and air rifles . The business is exceptionally well known in the town and many of the regular customers have been visiting for years. The business also sees a healthy amount of new customers from the highly visible trading location situated on the town's main access road. The business is also being sold with all fixtures and fitting including in the sale price which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal lifestyle change opportunity business for someone who is looking for a very solid and long standing trading store being situated in one of the UKs most desirable seaside towns. We feel this opportunity offers a new owner an excellent base to build upon and we urge early interest in this charming business.

Location Details:

This superb sports and fancy goods store is ideally located in the centre of the seaside resort of Rhyl, North Wales. Rhyl has long been a popular tourist destination for people all over Wales and North West England. Rhyl is accessible by road, rail, air via Liverpool Airport, and sea via Holyhead. The town has undergone a series of regeneration projects bringing in major investment. European funding secured by the Welsh Assembly Government has produced millions for the development of Rhyl's seafront. The business is surrounded by a large number of complimentary retailers all of which bring the most important footfall numbers. The area boasts good schools, NHS services, fine housing and a welcoming local community.

Lease Terms:

Leasehold Original length: 5 years Remaining: 5 years Review: 2016 Rent: £8,400pa

Trading Hours:

Monday: 9:00am - 6:00pm Tuesday: 9:00am - 6:00pm Wednesday: 9:00am - 6:00pm Thursday: 9:00am - 6:

Accommodation:

Very well presented single storey shop with excellent security, open plan sales space, sizable storage, toilets and private access. Alarmed throughout. GROUND FLOOR Well appointed and open plan Glass fronted shop giving excellent window display space & secure front entrance, retail area with wall shelving and racking for product display a large serve over counter with central fitted counter, behind counter additional shelving and product displays for tobacco, side toy display section with fitted shelving, private entrance to storage area and w/c. Gun display units to the rear of the business. EXTERNAL Main shopping centre of Rhyl with neighbouring businesses, parking to side of shop.