Model Shops for sale in Stowmarket

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Collectable Models & Toys Store

Stowmarket, Suffolk, England

  • Leasehold Price: £24,995  Price Reduced arrow_drop_down
  • Turnover: £60,000
  • Gross Profit: £20,000
Seller Reference: 13881 J
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Business Description
 
 
 
 
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Seller Reference: 13881 J
Request Details
Business Description
Business
Hilton Smythe welcomes to the market DJ Collectables a toy shop aimed primarily at the collectors market. The business was established by the current owner around 13 years ago and he now feels it is time for a change in life style.

DJ Collectables is a toy shop aimed primarily at the collectors market, but also stocks Lego, Toy Cars, Pokemon Cards and games, Airfix kits and many other brands. The shop prides itself on being able to find something for you, even if they do not have it in stock.

Customers come from across Suffolk as there are many rare toys and models available, including Mark I Escorts and other original cars from that era and before.

There is a website www.djcollectables.co.uk, which does need upgrading and the current owner has just paid to go on an Ecommerce website which interacts with eBay. The current owner admits that he has not exploited the internet at all and especially for this market place this is somewhere that the business can grow, having collectors across the globe.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
DJ Collectables is located in the Suffolk market town of Stowmarket.

DJ Collectables is situated in the main shopping street in Stowmarket with several car parks nearby and shops such as Argos, QD, Asda along with local shops and several banks and building societies.

Stowmarket is situated just off the main A14 between the county town of Ipswich and the picturesque town of Bury St Edmunds. There are several bus routes nearby and the mainline train station is approximately half a mile away.

Premises
DJ Collectables is located in a single shop with an entrance door leading to the main shop area.

The retail space has a counter, display units all around, under stair storage and a door leading to the toilet and kitchen facilities.

The shop is heated by a wall mounted electric heater.

The shop could be visually improved.

Premise size circa 42.3m2.

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

Currently on a rolling lease.
The landlord will be happy to grant a new lease.
Rent: £8,700 per annum

The business qualifies for small business rates relief. 2017 there are no rates payable.

Hours
The business opening hours:

Monday-Saturday: 9am – 5pm

Staff
The business is run and managed by our client.

Financial Profile
DJ Collectables generated an advised turnover of circa £60,000 as of the 2016 accounts, with a gross profit of 33%.

Tenure:
Leasehold
Listed by:
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