Model Shops for sale in Folkestone

View the "Superb Gaming and Hobbies Centre" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Leasehold Price: £14,950 Price Reduced Turnover: £100,000 Gross Profit: £32,000
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Business Description
Hilton Smythe welcomes to the market XPRESS Games (Folkestone).  Established by our client in 2006 the business has seen year on year growth to the successful business it is today.

The business boasts a monopoly trading position, being the “LGS” Local Games Store in Folkstone, specialising in the retail and events for leading trading cards, board games and hobby ranges, such as Magic the Gathering, Pokemon and Warhammer, in addition to the traditional LGS range. The business holds a large rage of video games from Playstation, Microsoft and Nintendo, both physical and digital purchases. The business also operates a trade in service on both video games and traditional hobby lines, allowing customers to part exchange against other products in store. The business holds various regular gaming events within the hobby range, and is well recognised amongst the publishers.

The business reports a turnover of £100,000 for this financial year with gross profit at circa 32%.

The store is spacious, with ample room to allow team gaming, evening and day events and competitions.  The events scene has grown massively over the last 12 months but we believe could be promoted further through advertising.  

The business has an informative website  Which not only promotes this business but our clients 3 other similar businesses in Kent, which are also for sale either independently or with this business and have been priced to sell quickly. The businesses genuinely come to the market due to our client’s family commitments.

A new owner may look into adding e-commerce sales to the website, which we believe could potentially double the turnover.  The business is also currently run by staff, if a new owner had a more hands on approach this would have an instant saving of £16,800 on wages.

This unit can be bought with the vendors other sites which are located in Ashford, Canterbury and Dover.

The business is located in the port and coastal town of Folkestone, Kent.

XPRESS Games (Folkestone) is situated in a pedestrianised area just off the main retail high street within the town centre, with high footfall throughout the day from locals and the honeypot of tourists visiting the town, the business is also close to the regularly used bus station.

The area is easily accessible from the A259 connecting to the M20 and national motorway network beyond.  The area has several mainline train stations serving the public and regular bus services running through the town and out to neighbouring towns and villages

Single fronted premise briefly comprising:-

Large glass window to frontage with good signage.

Retail area with adjustable slatted display shelving to 3 sides, the stock is zoned into similar product type for easy shopping.

Central service counter.

Staff kitchen

Toilet facilities

CCTV, alarms and electric shutters are in place to ensure security.

We are advised leasehold.

The original lease length is 10 years

As of 2016, 5 years remain on the lease

Rent is £6,000 per annum.

The business opens:-

Monday to Saturday 10.00am – 5.30pm

Sunday closed

The business is run by 2 members of staff.

The business reports a turnover of £100,000 for this financial year with gross profit at circa 32%.

Tenure: Leasehold

Listed by: Hilton Smythe
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