Army surplus retail and online store for sale in Exeter Devon with development potential
Exeter, Devon
- Status
FOR SALE
- Advert ID
655952
- Reference
M37317N / Rightbiz
- Call Agent:
- Freehold: £280,000
- Turnover: £151,588 (£2,915 per week)
- Profit: £103,198 (69% Profit margin)
Business Details
ARMY SURPLUS RETAIL & ONLINE STORE
Famous niche RETAIL OUTLET with ONLINE presence, established 1937, dealing in ARMY SURPLUS and associated products, incudes workwear and general camping kit. Occupying EXETER CITY CENTRE trading position, contained within unique rarely available FREEHOLD premises with planning permission for flats offering a DEVELOPMENT opportunity. Situated within bustling shopping area, occupying highly visible corner sited trading position, surrounded by other popular independent businesses, close main High Street, The Quay, railway station, residential and student areas.
Character premises extending over multiple levels, also includes additional self-contained unit which is rented out to provide additional income. Offers main ground floor retail area complete with workshop, storage, access to basement storage, and independent first floor storage. Additional first floor offering kitchen and 2 stock rooms with planning permission held for 1 bed flat. Further second floor offering cloakroom and 2 stock rooms, also with planning permission held for 1 bed flat.
Destination business in same family hands nearly 90 years, commanding excellent reputation, enjoying strong following with no real direct competition, attracting regular substantial trade from the nearby Commando Training Centre with its regular intake of new recruits throughout the year. Offering a huge range of stock items – clothing, footwear, and accessories, with lucrative supplier base. Sales £151,588 ex Vat, Gross Profit £103,198, equates to impressive 68%, ensuring a profitable business. Opportunities still available through development of online sales.
Freehold £280,000 sav, Ref: M37317N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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