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TRAVEL AGENCY - N Wales

Price:
Leasehold - £64,950
Turnover:
Register to view
Seller Ref:
WN9317
Location:

Wales

Business Type:

Service Businesses

See Other:
Travel agencies for sale in Wales
Service businesses for sale in Wales
Description:
THE BUSINESS:
LOCATION:
The business is located on the main shopping thorough fare in Prestatyn, a North Wales coastal town approximately 4 miles east of Rhyl

BUSINESS:
Very long established, traditional travel agency with current full ABTA licence. The new owner would require some form of bonding, and the Vendor suggests that Travel Trust is a second option. Sales for the business of £364,000 are stated in the accounts to end May 2009, and this generated an adjusted net profit well in excess of £40,000 for the owner. Excellent catchment area with many repeat customers who need to vacate their holiday park accommodation January and February every year, plus regular holiday bookings. Accounts will be made available to seriously interested parties, subject to the Vendor’s approval, post viewing.

BUSINESS PREMISES:
The business premises are well presented, fully racked and shelved and comprise;

Retail Area Front facing onto High St fully equipped with the necessary computers, (with broadband wireless facility), desks etc, The walls are predominantly racked and shelved for the display of brochures and maps.

Office/Kitchen Behind the Retail Area is an L-shaped office for administration of the business plus storage of files etc., and a small kitchenette.

Toilet At the rear of the building, outside, is a w.c.

PRIVATE ACCOMMODATION:
There is no private accommodation with this opportunity.

TENURE:
This business is for sale Leasehold. The current lease is for 3 years and is dated 1st November 2008. We understand from the Vendor that a longer lease would be available if required. Current rent payable is £5200 per annum, paid at a rate of £433 per calendar month.

RATES:
The total rates payable in 2008/9, as stated in the accounts were £1789.

SERVICES:
We understand from the vendor that all main services are connected to the property.

HOURS:
Monday 9.15 to 5.00
Tuesday 9.15 to 5.00
Wednesday 9.15 to 5.00
Thursday 9.15 to 5.00
Friday 9.15 to 5.00
Saturday 9.15 to 4.00
Sunday Closed

STAFF:
The business is currently operated by the Vendor and 3 members of part-time staff.
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