Fishing Tackle Shops for sale in Bolton

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Polly Franey (July 2015)
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Leasehold Price: £14,950 Price Reduced Turnover: £100,000
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Business Description
BUSINESS
SAV - £30,000

Hilton Smythe is delighted to welcome to the market this well-established and popular fishing tackle business, which is ideally located within the town of Bolton, Greater Manchester.

The business was originally established by our client in 2003 and is only now being offered to the market due to our client’s desire for an early retirement. The business is currently operating 6 days per week and generates a turnover in the region of £100,000 per annum, with a good gross profit.

Our client offers a wide variety of fishing products, including rods, live bait, dried bait, reels, floats, weights, baskets and other fishing equipment. Our client is also very happy to order goods that a customer requires, if not stocked. The business is very well known to fishing clubs and associations within the Bolton and surrounding areas.

The business has built up an excellent reputation within the area for the very high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could also embark on a modest marketing campaign to highlight the excellent goods and service offered. The business already has a website in place, which is incorporated with another business, but would benefit from a dedicated website to promote the goods offered, which could offer online ordering facilities.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

LOCATION
Bolton Angling Centre occupies substantial ground floor corner premises, ideally located within the town of Bolton in Greater Manchester. The business is located on the very busy St. Helens Road and is surrounded by a wealth of complementary businesses and densely populated residential areas, from which the business derives much of its trade. The business benefits from a very high volume of footfall and passing trade, as well as good car parking facilities within the area.

Bolton is a bustling town in the North West of England and as of the 2001 census, the town had a residential population of 139,403. Landmarks in the town include the imposing neoclassical town hall, which was designed by William Hill and opened in June 1873 by the Prince of Wales. Bolton attracts visitors to its shopping centres, markets, public houses, restaurants and cafes in the town centre, as well as retail and leisure parks close by.

The business is well served by the public transport system, being on one of the main bus routes into the town centre. Bolton railway station is approximately 1½ miles away. The area is also well served by the A-roads, with the property being situated on the A579, which links to the national A-road and motorway networks. Manchester is approximately 14 miles away and Wigan is 10½ miles away.

PREMISES
Substantial ground floor premises in an ideal trading location, briefly comprising:

Main shop:

2 x large glass serve over display counters with electronic cash register and credit/debit card terminal.

The counters display a large amount of floats and weights.

Racking and shelving to perimeter walls of various displays.

Rear product display area.

Door to large basement (which is currently being sublet).

External:

Car parking to side and rear.

Good visible signage.

TENURE
We are advised Leasehold:

Rolling lease.

Rent: £3,120 per annum

A new lease to be negotiated.

HOURS
The business is open:

Monday – Tuesday: 9.00am – 5.00pm

Wednesday: 9.00am – 3.00pm

Thursday – Friday: 9.00am – 5.00pm

Saturday: 8.15am – 5.00pm

Sunday: Closed

STAFF
The business is owner run and managed with 1 x staff member.

FINANCIAL PROFILE
The business generates a turnover in the region of £100,000 per annum, with a good gross profit.


Tenure: Leasehold

Listed by: Hilton Smythe
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