Freehold Surf Wear & Sports Goods Retail Business For Sale

Business description

Bag a Business is delighted to offer the sale this thriving and highly regarded retail business, specialising in surf wear and outdoor sports goods. Escape has been established since 1977 and has built up an enviable reputation throughout the area attracting much regular repeat business. Currently it has an annual turnover of £200,000 achieving a 44% gross profit. It stocks a variety of highly desirable brand names, including Quicksilver, Oakley, Kickers, Roxy, Billabong, O'Neill, Regatta, Vans, Globe and many more. The business occupies exceptionally spacious, three storey premises with an additional basement area. The ground floor and basement area are used for the surf wear and outdoor sports retail business. The first floor, which is currently used as an informal stock area, has many rooms offering the potential to convert into retail space or private/ letting accommodation. The second floor contains an attractive flat with 2 double bedrooms, which is leased out on a short-term tenancy basis. The freehold property and business is offered for sale at £500,000, or alternatively a leasehold option is available at a purchase price of £80,000 plus SAV. This is a unique opportunity to purchase such a thriving and highly regarded business and as such early discussions with Bag a Business must come highly recommended.

Property information

Property:

Freehold

Living accommodation:

PROPERTY DETAILS Substantial three-storey property in a prominent town centre location within Llandudno, briefly comprising: GROUND FLOOR Main entrance Open plan retail sales area Wide sales counter with electronic cash register and credit/debit card terminal Shelving and racking on perimeter walls Numerous garment hanging rails Several glass display cabinets for accessories and sunglasses Shoe display racks Central garment hanging rails Single changing room Office BASEMENT Same size as the ground floor Storage facility Wash basin FIRST FLOOR Separate access and stairway from the front to both the first and second floors Multi-room storage area SECOND FLOOR Landing Lounge Bathroom 2 double bedrooms Kitchen EXTERNAL Attractive wide frontage Ample free car parking facilities

Location:

Escape is located in a prominent and highly desirable trading position on Mostyn Street within the centre of the seaside town of Llandudno in Gwynedd. The premises have an attractive wide frontage with ample free car parking facilities outside. It is surrounded by a variety of individual shops and quality businesses, which attract a high daily footfall. It is very much at the centre of the town, yet within a short walking distance of the famous promenade and stunning beaches. The area is a haven for visitors all year round, with numerous award-winning tourist attractions in close proximity, as well as the Snowdonia National Park. The area is easily accessible being just off the main A55 expressway, which links Holyhead to Llandudno and the M56 motorway.

Other information

Trading hours:

7 days a week: 10.00am - 5.00pm

Contact the seller