Fishing Tackle Shops for sale in Blackwood

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Fishing Tackle Shop with Growth Potential

Blackwood, Caerphilly, Wales

  • Freehold Price: £119,950
  • Turnover: £126,659
  • Gross Profit: £35,001
Seller Reference: 14185 H
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: 14185 H
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Greens Fishing Tackle. This very well stocked fishing tackle shop, offers everything one would need for all types of fishing.

A wide ranged and well stocked offering, keeping up with all the latest models and desired equipment of its customers. The store stocks everything from beginner’s level to top of the range carbon fibre rods, tackle, live and refrigerated bait, accessories and all things fishing related.

There is scope to expand the business, with ample space upstairs, to add other products if required and the purchaser should also consider extending the opening hours to increase turnover and move the business forward.

The shop has been run by the current owner for 34 years, who is now looking towards a well-earned retirement.

Location
Greens Fishing Tackle is situated on the outskirts of the picturesque village of Pontllanfraith.

Pontllanfraith is a large village located in the Sirhowy Valley in Caerphilly county borough, Wales, within the historic boundaries of Monmouthshire. It is situated adjacent to the town of Blackwood, with the Sirhowy River passing through both locations.

The village includes the communities of the Penllwyn, Springfield, Woodfieldside and The Bryn. The population of the community at the 2011 census was 8,552.

Pontllanfraith offers a lovely unspoilt location, however easy access is gained to the main towns/cities such as Abergavenny, Newport and Cardiff.

Premises
An easily managed, but good-sized premise covering around 95 sqm.

The main retail area is split into 2, with a vast array of stock to the front and a large kitchen for bait etc .

The main shop houses the counter and a wealth of shelving racking and display cabinets. In the kitchen area are 2 fridges and 3 freezers.

Upstairs are 3 bedrooms, a bathroom and small store room, which are presently used for storage, but which could easily be used as a flat.

Outside we have a lovely garden to the side and rear and parking for 3 to4 vehicles.

Tenure
We are advised that the business is being sold as a Freehold opportunity.

According to the VOA website the current rateable value is £4,750, however the owners inform me that they benefit from small business rate relief, therefore currently no rates are payable.

Hours
Monday, Tuesday, Thursday Friday and Saturday 9:00 a.m. to 6.00 p.m.
Wednesday and Sunday closed.

Staff
The business is currently run by the owner as a sole trader.

Financial Profile
The accounting information for the year ended 31st August 2016 shows a turnover of £116,659 with a gross profit of £81,658 and a very healthy net profit of £22,003.

Tenure:
Freehold
Listed by:
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