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Fishing Tackle And Gun Shop In Cwmbran Gwent

Undisclosed Blaenau Gwent
Fishing Tackle & Gun Shop, Cwmbran, Gwent T/O: £143,000 GP: 40% Scope to increase turnover. Well established and well-known business. Ideal for enthusiast. Includes stock.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 69729
ADVERT IMPRESSIONS : 2,881 TIME(S)

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

LEASEHOLD:

£49,950
 

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BUSINESS DETAILS:

Location
Ade's Fishing Tackle & Guns occupies a unit on a busy industrial estate in Cwmbran, Gwent. Cwmbran is a new town, established in 1949 and is now the sixth largest urban area in Wales. The town has benefitted from much regeneration and investment in recent years and boasts a wide variety of amenities, from shopping complexes to a sports stadium. The town lies approximately 5 miles north of Newport and boasts easy road access with Junction 26 of the M4 motorway just 3.5 miles away.

Business History
Preferred Commercial is pleased to offer for sale this popular fishing tackle and gun shop, which was established in 2004 and which has been in our client's hands since 2006. The business is only now being placed on the market due to our client's wish to retire. The business generates a turnover in the region of £143,000 per annum with a gross profit of 40%, derived from the sale of a wide range of fishing tackle, bait, guns and ammunition. A new owner could increase turnover by embarking on a modest advertising campaign and the introduction of a web site. Included in the sale is the lease to the neighbouring unit, which is sublet to a successful tool hire business for £4,500 per annum. We are further advised that all stock is included in the sale. Ade's Fishing Tackle and Guns supplies Cwmbran Angling Association licences, Monmouthshire licences along with day tickets. We feel this is an ideal opportunity for an enthusiast to acquire a thriving fishing tackle and gun shop. Early discussions must come highly recommended.

Financial Details
T/O: £143,000 approx.
GP: 40%

Opening Hours
Mon - Sat: 8.00am - 6.00pm
Sun: 8.00am - 2.00pm

Accommodation Details
Industrial unit with parking area to front. Briefly comprising:

Ground Floor
• Main sales and display area with serve over counter, glass display case with BB gun display, electronic cash register, display gun rack for rifles.
• Centre aisle display with a range of fishing and hunting equipment, fishing lures and bait, extensive racking with fishing equipment including rods and clothing, working dog foods, camouflage clothing, sea, game and coarse fishing tackle displays.
• Indoor shooting range for air rifles and air pistols
• WC
• Strong room for the storage of guns and live ammunition

External
• Parking forecourt to front

Tenure
Leasehold
Original length: 5 years
Remaining: 2.5 years
Rent: £6,240 per annum
   
  FOR SALE
   

REFERENCE:

2827 / RightBiz
   
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