ANGLING AND SPORTS SHOP – Melksham
Price:
Leasehold - £15,000
Business Type:
Retail businesses
HIGHLIGHTS:
• ESTABLISHED FOR MORE THAN 40 YEARS
• AVAILABLE FOR RELOCATION OR SHORT TERM LEASE
• IDEAL FOR ANGLING ENTHUSIAST
• FREEHOLD AVAILABLE BY SEPARATE NEGOTIATION
• ADJACENT TO MAJOR SUPERMARKET
• THRIVING WILTSHIRE TOWN
LOCATION:
Melksham is Wiltshire's fifth-largest town by population after Swindon, Salisbury, Chippenham and Trowbridge.
Located between Bath, Trowbridge and Chippenham, it has many varied industries including Avon Rubber, which previously owned the Avon Tyre plant in the town centre. Cooper Tire & Rubber Company now operates the plant, and is still a major employer in the town. In 2000, Avon Rubber plc moved to a large purpose-built facility just 3 km (2 miles) to the south of the town near Semington, employing over 300 people. Melksham is also home to Knorr-Bremse, a designer and manufacturer of railway braking systems, at a modern purpose-built facility in Bowerhill.
The town has a thriving business district and is close to the retail centres of Bath, Bristol, Chippenham, Trowbridge and Swindon and is surrounded by beautiful villages such as Lacock, Holt, Seend and Semington. Substantial funding has allowed a variety of dynamic expansion and enhancement programmes, including improvement of the town centre. To cater for the unprecedented growth and attraction in recent years, there are new schools and improved infrastructure.
Melksham is well served by both traditional high street stores and smaller privately run independent stores. It has four medium-sized supermarkets: Sainsbury's, Waitrose, Lidl and Aldi, with permission for a fifth granted during 2009 by the local planning authority on a site controlled by Asda. Waitrose opened in March 2010.
BUSINESS:
Long established retailer of angling and sports equipment and accessories. Supplying all the major brands for coarse, sea and game fishing together with a huge variety of baits. The shop is also the principal local supplier of Nike and Adidas sports equipment, clothing and footwear and is a registered firearms dealer.
Ideally the vendor would like to sell the business together with the whole freehold property including the self-contained one bed flat on the first floor and the large rear garden, which appears to have development possibilities. However, he is prepared to sell the business separately either for relocation or with the benefit of a short term lease of the shop.
YEARS ESTABLISHED:
A business of the same type has traded from the site for c 40 years and this is the first time it has been available for more than 25 years, the current owner having acquired it in 1984.
TRADE:
Turnover of £52,109 was reported for the year ended 31 January 2010. Figures for the year ended 31 January 2011 are expected to be available shortly. The vendor expects these to show a slight increase.
Please note that if a business is VAT registered, all figures exclude VAT.
REASON FOR SALE:
The vendor wishes to move back to Surrey to assist with the care of an elderly relative.
STAFF:
The vendor operates the shop without assistance during the week but is supported by two boys on Saturdays.
OPENING HOURS:
Monday and Tuesday: 9.00am to 5.30pm
Wednesdays: 9.00am to 1.00pm (Summer only – otherwise closed)
Thursdays to Saturdays: 9.00am to 5.30pm
Sundays: Closed
BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The lock up shop occupies the ground floor of a larger property understood to date from the late 19th century and laid out over 2 floors. Of brick construction under a pitched and tiled roof it forms part of a terrace fronting onto the main thoroughfare through the town. A Sainsbury’s supermarket and petrol station is located to the rear ensuring a very significant passing trade.
The shop is double-fronted with a recessed front entrance accessed via a single step up from the street. The shop front has been replaced recently and comprises a white UPVC double glazed combination of two deep display windows and an extra width front door, which is fully glazed.
One window has been retained as an enclosed display space whilst the other has been opened up to increase floor space within the shop.
Front Retail Space (4.3m x 4.2m plus window depth):
Rear Retail Space (4.2m x 4.0m approx):
Dry Store (3.4m x 2.0m):
To the right rear of the Rear Retail Space a wooden door with small glazed panel and step down opens into:
Store Room (3.6m x 2.5m max):
Kitchen and Store (2.3m x 1.8m approx):
WC:
Outside Store:
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.
PRIVATE ACCOMMODATION:
(all sizes are approximate & should be considered 'nominal'.)
The residential accommodation at first floor level is entirely self-contained and is let separately from the shop on an assured shorthold tenancy for a rent of £400 pcm. It does not form part of the shop lease now on offer but may be available by separate negotiation if a purchaser particularly wanted to occupy it.
OUTSIDE:
The property benefits from a large rear garden backing onto the Sainsbury’s retail development with vehicular access available across a tarmacadamed drive to twin wooden gates.
LEASE TERMS:
The vendor is prepared to grant a short term lease of the shop premises at a rental of £500 per month.
North Yorkshire
£ 750,000
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