Fishing Tackle Shops for sale in Mansfield

View the "Fishing and Angling Retail Business in Clipstone For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Leasehold Price: £49,700 Turnover: £130,479 Gross Profit: £51,267
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Business Description
BUSINESS

Hilton Smythe is delighted to welcome to the market this well-established and popular fishing and angling retail business, which is ideally located within the village of Clipstone, Nottinghamshire.

The business was originally established in 1993 and has been in our client’s careful ownership since 2007. Only now is the business being offered to the market due to our client’s other business interests. The business currently operates 6 days per week and the occasional Sunday on match days, generating a turnover in the region of £130,500 per annum, with a gross profit of 39%.

Our client offers a wide range of fishing and angling equipment including baits, rods, reels, nets, bags and bait boxes, to name a few, as well as an excellent range of Pike and Carp tackle.

The property boasts approximately 150 sq. metres of floor space with the main sales and display area to the ground floor, which is very well fitted to suit the trade. The first floor offers a two-bedroom self-contained flat with separate external access, which could be used as owners’ accommodation or let out to generate further income.

The business has built up an enviable reputation within the area and further afield for the very high quality of the goods and service 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. A new owner could also embark on a modest marketing campaign to highlight the excellent goods and service offered. The business already has an excellent website in place at www.openwater-angling.co.uk, which could incorporate 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

Open Water Angling Centre occupies substantial two storey premises, ideally located within the village of Clipstone, near Mansfield, Nottinghamshire. The property is surrounded by densely populated residential properties, from which the business derives much trade. The business is situated on the busy Mansfield Road (B6030), which is the main road through the village and a major route to the A1, therefore, the business benefits from a very high volume of passing trade.

Clipstone is situated in north Nottinghamshire and is a small ex-coal mining village, built on the site of an old army base. According to the 2011 census, the village had a residential population of 4,665. Amenities within the village include a library, primary school and a village hall, as well as a few shops and pubs.

The area is very well served by the public transport system, with a bus stop positioned directly outside the property. The nearest railway station is located in Mansfield, which is approximately 4½ miles away. The area is also well served by the A-roads, with the A614, A6075, A60 and A617 all being within easy driving distance, which link to the national A-road and motorway networks. Nottingham is approximately 18½ miles away and Newark-on-Trent is 20 miles away.

PREMISES

Substantial two storey premises in an ideal trading position, briefly comprising:

Ground floor:

Spacious sales and display area (16,000 sq. ft.) with:

Serve over counter with scales and electronic cash register.

6 x various size central display aisles.

Display cabinets.

Perimeter shelving.

Display racking.

Two door upright chiller unit.

Chest freezer.

Window display areas.

Security tag entry/exit system.

Grill to all doors.

Alarm system with Chubb monitoring.

Rear office.

Kitchenette.

Staff WC.

2 x stock rooms for storage.

First floor:

Separate external access.

Large open plan living area with kitchen, lounge and dining area.

2 x double bedrooms.

Family bathroom with separate shower cubicle and oval bath.

External:

Well-signed.

Walled car park with room for approximately 8 vehicles.

Rear garage, used for storage.

TENURE

We are advised Leasehold:

Original lease length: 10 years

Remaining lease length: 18 months

Rent: £1,250 per month

A new lease is available.

HOURS

The business is open:

Monday – Saturday: 8.30am – 5.30pm

Sunday: Open occasionally on match days

STAFF

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

FINANCIAL PROFILE

The business generates a turnover in the region of £130,500 per annum, with a gross profit of 39%.

Tenure: Leasehold

Listed by: Hilton Smythe
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