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Fishing Tackle Shop On Kent Coast

Deal Kent
Fishing Tackle Shop Deal, Kent T/O: £100,000 GP: 50% Well established business Enviable reputation 2-bed accomm Scope to increase turnover
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 52800
ADVERT IMPRESSIONS : 5,618 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Fishing Tackle & Chandlery
SALE: Agent Sale

FREEHOLD:

£250,000
 

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BUSINESS DETAILS:

Location
John's Fishing Tackle occupies a prominent location on Dover Road in Deal, Kent. The business is surrounded by a mainly residential area, from which it draws much trade and is very close to the seafront. The shop benefits from a high footfall and much passing trade. There is ample car parking in the vicinity. Deal is a popular seaside town on the A258, situated between Ramsgate to the north and Dover to the south. The town has a strong fishing tradition going back many years.

Business History
Preferred Commercial is delighted to offer for sale this popular fishing tackle shop, which was established by our client in 1999 and which is only now being placed on the market due to his wish to retire. The business generates a turnover in the region of £100,000 per annum with a gross profit of 50%, derived from the sale of sea angling equipment and live bait as well as air rifles, air pistols and telescopic sights, for which we are advised no licence is required. There is scope for a new owner to increase turnover by introducing a web site with on-line sales facilities and perhaps to expand on the popular fishing excursions, for which we believe there is a demand. The premises benefit from 2-bedroom living accommodation above, which has been substantially refurbished in recent years to include a new central heating system and new roof. We feel this represents an ideal opportunity to acquire a well-established and thriving fishing tackle shop in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.

Financial Details
T/O: £100,000 approx.
GP: 50%

Opening Hours
Mon - Sat: 7.00am - 6.00pm
Sun: 7.00am - 4.00pm

Accommodation Details
Substantial mid-parade premises, formerly a public house, with 2-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Main sales and display area fitted to suit trade with large bay window, serving counter with cash register, large double door live bait refrigerator, displays of rods and reels, firearms display cabinet and racking and shelving to suit
• Kitchen with a range of fitted wall and base units
• WC and wash basin

Lower Ground Floor
• Cellar with 3 x refrigerators, 5 x freezers for frozen bait and sink unit

First Floor
• Lounge with feature fireplace and large bay window
• Double bedroom with feature fireplace
• Double bedroom
• Bathroom with WC, bath, shower and wash basin
• Office

External
• Yard to rear

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

1936 / RightBiz
   
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