Toy Shops for sale in Ross-on-Wye

View the "A Spacious & Well Run Toy Store" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £19,995 Price Reduced Turnover: £90,190 Gross Profit: £38,494
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Business Description
Business
Hilton Smythe welcomes to the market this very well-presented toy shop set over 2/3 floors, offering a wide range of toys and games from Lego, Play Mobil, Leap Frog, Lamaze, Ty’s, Character, Big Jigs and many more.

The business itself is well established and has been run by the current owner for 3 years, who is now looking to sell due to other business commitments.

They have a very extensive range of toys and dressing up products, together with greetings cards and accessories.

There is also plenty of scope for improvement, with longer hours, carrying out workshops or parties, increasing the product range even further, more advertising including social media and a website to start online sales and more, to take the shop to the next level.

This is a fantastic business with a good turnover and gross profits, which would ideally suit an enthusiastic owner who could push the business forward.

An internal inspection is highly recommended to appreciate the quality and potential on offer.

Location
The Toy Box is situated in the centre of Ross-on-Wye on Broad Street.

Ross-on-Wye offers a beautiful location with scenic countryside and historic buildings; a popular location for walkers, cyclists and hikers.

The town is a well-known market town set on the River Wye. This is a small town which had a population of circa 9,574 as of the 2011 census.

Ross-on-Wye is just minutes away from the A40 an arterial A-road that connects to the M50 motorway network linking up to the M5 for access to all surrounding areas.

The town is just 30 minutes away from Hereford, an easy commute using the great road links and generous public transport. There are bus stops a short walk away, these have regular routes into Gloucester, Hereford and Monmouth.

Premises
The premises occupy a prominent position in the town centre, offering great space which is light and airy over 3 floors, having a very welcoming feel.

The total space is approximately 115 sqm and includes the main shop area, and rear display area on the ground floor, front and rear showrooms on the first floor and on the second floor, bathroom, good sized office and large store room.

They are fully fitted out to a high standard, with high quality fixtures and fittings to include, shelving and display racking etc, counter and till, office desk and chair, CCTV system with 4 cameras, alarm system and night storage heating.

An internal inspection is a must to appreciate the high-class shop on offer with lovely displays and a quality finish.

Tenure
We are advised that the business is being sold as a Leasehold opportunity with a lease term to be agreed. The yearly rental will be £12,500 per annum.

Hours
Monday 9:30 a.m. to 5.30 p.m.
Tuesday 9:30 a.m. to 5.30 p.m.
Wednesday 9:30 a.m. to 5.30 p.m.
Thursday 9:30 a.m. to 5.30 p.m.
Friday 9:30 a.m. to 5.30 p.m.
Saturday 9:30 a.m. to 5:30 p.m.
Sunday 10:00 a.m. to 3:00 p.m. (June to December)

Staff
The business is currently run by the owner and 2 other part time members of staff.

Financial Profile
The accounts show a healthy turnover of £90,190 for the year to 28th February 2018 with a gross profit of £38,494.

According to the VOA website the current rateable value is £7,900, however they benefit from small business rate relief so have no rates to pay at present.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04351
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