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Fishing Tackle and Gun Shop in Cwmbran Gwent

Price:
Leasehold - £49,950
Turnover:
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Seller Ref:
2827
Location:

Wales, Gwent, Cwmbran

Business Type:

Retail businesses

See Other:
Fishing tackle shops for sale in Wales
Sports shops for sale in Wales
Retail businesses for sale in Wales
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sale this popular fishing tackle and gun shop, which was established in 2004 and which has been in our client's hands since 2006. The business is only now being placed on the market due to our client's wish to retire. The business generates a turnover in the region of £143,000 per annum with a gross profit of 40%, derived from the sale of a wide range of fishing tackle, bait, guns and ammunition. A new owner could increase turnover by embarking on a modest advertising campaign and the introduction of a web site. Included in the sale is the lease to the neighbouring unit, which is sublet to a successful tool hire business for £4,500 per annum. We are further advised that all stock is included in the sale. Ade's Fishing Tackle and Guns supplies Cwmbran Angling Association licences, Monmouthshire licences along with day tickets. We feel this is an ideal opportunity for an enthusiast to acquire a thriving fishing tackle and gun shop. Early discussions must come highly recommended.
Location Details:
Ade's Fishing Tackle & Guns occupies a unit on a busy industrial estate in Cwmbran, Gwent. Cwmbran is a new town, established in 1949 and is now the sixth largest urban area in Wales. The town has benefitted from much regeneration and investment in recent years and boasts a wide variety of amenities, from shopping complexes to a sports stadium. The town lies approximately 5 miles north of Newport and boasts easy road access with Junction 26 of the M4 motorway just 3.5 miles away.
Lease Terms:
Original length: 5 years Remaining: 2.5 years Rent: £6,240 per annum
Trading Hours:
Mon - Sat: 8.00am - 6.00pm Sun: 8.00am - 2.00pm
Accommodation:
Industrial unit with parking area to front. Briefly comprising: Ground Floor • Main sales and display area with serve over counter, glass display case with BB gun display, electronic cash register, display gun rack for rifles. • Centre aisle display with a range of fishing and hunting equipment, fishing lures and bait, extensive racking with fishing equipment including rods and clothing, working dog foods, camouflage clothing, sea, game and coarse fishing tackle displays. • Indoor shooting range for air rifles and air pistols • WC • Strong room for the storage of guns and live ammunition External • Parking forecourt to front
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