Tv Video And Audio Business In Lincolnshire | | Market Deeping Lincolnshire | | Large, established Television and Audio shop Market Deeping, Lincolnshire T/O: £175,000 GP 40% Huge potential to expand Well respected Prominent location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 52319
ADVERT IMPRESSIONS : 8,593 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Electrical Retailers | | SALE: | Agent Sale | LEASEHOLD: | £150,000 | ANNUAL RENT: | £11040 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Deeping Television, Video and Audio Ltd is situated in large, lock-up retail premises prominently located on the high street of Market Deeping. There is free parking directly outside the premises and a range of complementary businesses in the vicinity. Market Deeping is a historic market town on the outskirts of Peterborough. There is good access to both the A15 and A16 with Peterborough 7 miles away and the A1 at approximately 14 miles.
Business History
Preferred Commercial is delighted to offer for sale this popular and respected television, video and audio business which was established by our client in 1971 and is only now offered for sale due to our client's wish to retire. The business supplies a wide variety of high quality electrical goods including televisions, DVD players, radios and other audio equipment. The stock also contains a sizeable and extensive array of spare parts including watch batteries. Servicing and repairs of a large range of branded electrical products, along with computers, is also a core part of the business. There is a huge potential to grow the business with the digital switchover due to commence in the area during April 2011 and Deeping Television, Video and Audio currently have a potential customer base of approximately 3,500. We also feel there is scope to expand the available services by offering aerial and satellite installation, which is currently out-sourced, and the introduction of a website offering internet sales with available services, location and contact details could further increase turnover. This is an excellent opportunity to acquire a successful and well-established profitable business during the digital switchover. Early discussion with Preferred Commercial is highly recommended.
Financial Details
T/O: £175,000 approx.
GP: 40%
Opening Hours
Mon- Sat: 9.00am - 5.30pm
Sun: Closed
Accommodation Details
Ground floor lock-up television and audio business with an excellent reputation situated in a historic village location. Briefly comprising:
Ground Floor
• Showroom with large frontage onto high street with window display areas, wall mounted shelving and display areas, sales counter with electronic cash register
• Workshop with worktop counters and mirrors to 3 walls, shelving and racking, desk and chairs
• Storage area
• Further storage area to the rear
• WC
External
Rear door to yard and fire escape
Footpath and free on-road parking to front
Tenure
Leasehold
Review: every 3 years
Rent: £11,040 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1929 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
