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BUSINESS REFERENCE : 8284 / RightBiz LEASEHOLD TACKLE SHOP IN NORTH WALES | | | | | | Fishing Tackle Shop Colwyn Bay, North Wales A/T £195,000 GP 43% Enviable location, spacious retail premises, all year round trade, only fishing shop in the area | | | BUSINESS LOCATION: | Colwyn Bay Clwyd UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Fishing Tackle & Chandlery | | SALE: | Agent Sale | LEASEHOLD: | £85000 | ANNUAL RENT: | £13000 | | | | | | | | | | | BUSINESS DETAILS: | Victoria Pier Angling is located in a prime, highly visible trading position on Victoria Pier within Colwyn Bay, Denbighshire. The business occupies substantial leasehold premises with a wide frontage and ample car parking facilities. The business enjoys stunning sea views over Colwyn Bay and is just above the town's famous sandy beach. Being such a sheltered coastline, the area is a haven for fishing enthusiasts all year round, including visitors and local clubs. The business is very close to junction 22 of the A55 Expressway, which links Chester to Colwyn Bay, Llandudno and on to Holyhead. This attracts a high volume of passing trade as it is an ideal stopping point from which to stock up on bait and tackle en-route to any North Wales fishing venue.
Bag A Business is delighted to offer for sale this highly regarded fishing tackle business in such a prime trading location within Colwyn Bay. Victoria Pier Angling is the only fishing tackle store in the area and has established an enviable reputation. The business occupies particularly spacious and well-appointed premises with a large open-plan sales area and a wide variety of product display stands. The business has exclusivity on all the major fishing brands including Abu Garcia, Shakespeare, Diawa, Sundridge, Leeda, Fladen, (YSS) International, Kiddy and Masterline. The annual turnover is £195,000, achieving a 43% gross profit. This is a particularly attractive purchase as the selling price also includes all stock, which has a cost price in excess of £70,000. This is a unique opportunity to acquire a popular and flourishing local business. Early discussions with Bag A Business must come highly recommended.
FINANCIAL DETAILS
T/O: £194,472 approx
GP: 43% approx
OPENING HOURS
Summer months:
Mon - Sat: 8.00am - 9.00pm
Sun: 8.00am - 6.00pm
Winter months:
Mon - Sun: 8.00am - 6.00pm
ACCOMMODATION DETAILS
Spacious and well-appointed lock-up retail premises, briefly comprising:
GROUND FLOOR
Main shop:
Open-plan retail sales area
Wide sales counter
Shelving/racking on walls
Central aisles
Product display stands
Three chest display freezers for bait
Store area and workshop
Various refridgerators and freezers
WC and wash hand basin
EXTERNAL
Wide frontage
Room for external product display
Car parking
Sea views
TENURE
Leasehold
Original length: 5 years
Remaining length: New lease to be assigned
Rent: £250 per week | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8284 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
