Video Game Stores for sale in Wigston

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Popular video Game Store

Wigston, Leicestershire, England

  • Freehold Price: £299,950
  • Leasehold Price: £34,995  Price Reduced arrow_drop_down
  • Turnover: £120,000
Seller Reference: B04993
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Business Description
 
 
 
 
 
 
 
 
 
Image 1 of 9 video_library
Seller Reference: B04993
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Game World in Wigston Leicester.

The business has been operated by the current owner for over 15 years in which time this long-established business has built up an enviable reputation for quality products and excellent customer service.

The business sells gaming machines and games along with DVD, Blue Ray products, music and much more.

The business offers a buy back service with a large range of games and consoles available in store.

This is a rare and exciting opportunity for a new operator to take this site to the next level expanding the range of products and services on offer taking advantage of the large footfall within the area as well as developing a stronger on-line presence.

The business would suit either an established operator looking for an additional site as well as an individual or partnership looking for an exciting new business venture.

The opportunity would also be appealing to landlords and investors as the site is being offered to the market as both a Freehold and Leasehold purchase with the added advantage of residential accommodation to the first floor which is currently let out on an AST, generating additional income.

The site is in a much sought-after location in Wigston which is currently seeing a revival of new businesses opening in the area. A very rare opportunity.

Location
Situated on the corner of Aylestone Road & Leicester Road in the centre of Wigston Town Centre Leicester.

The site is easily accessible on foot and by all modes of transport with a regular bus service into the area and plenty of free short stay parking close by.

Premises
Property is located on a corner plot over two storeys in amongst additional business premises.

Main entrance into ground floor trading area approximately 675sqft (62.7m2) rear section 22sqft (2.04m2).

All display racking, presentation carousels, shelving, promotional equipment and trading counter are to the rear of the shop with storage area, WC and access to the rear.

Secure roller shutters to the front and rear and an in-store security system.

Separate rear access to the first-floor accommodation consisting:
• Bedroom
• Living room,
• Kitchen
• Bathroom (Flat not measured)

Hard standing to the rear of the site with 1 x parking space.

Uses class include: A1 Shops, A2 Financial & Professional Services and C3 Dwelling Houses.

Tenure
We are advised the business is being sold as a Freehold opportunity with a guide price of £299,950.

The business is also being offered to the market as a Leasehold opportunity at £49,995 with new Lease terms to be agreed on the ground floor trading area with initial rental to be in the region of £15,000 per annum.

Hours
The opening hours are currently:
Monday to Saturday - 9.30am to 5.30pm.
The business is closed on a Sunday

Staff
The business is run and managed by the current vendor with the assistance of 1 x full time staff member.

Financial Profile
We are advised the business is currently turning over in the region of £100,000 with additional on-line sales.

There rateable value is £10,750

The first-floor accommodation currently generates £6,300 per annum additional income.

Tenure:
Leasehold, Freehold
Listed by:
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