Leasehold Fishing Tackle Business For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this highly regarded fishing tackle business in such a prime trading location within Colwyn Bay. Victoria Pier Angling is the only fishing tackle store in the area and has established an enviable reputation. The business occupies particularly spacious and well-appointed premises with a large open-plan sales area and a wide variety of product display stands. The business has exclusivity on all the major fishing brands including Abu Garcia, Shakespeare, Diawa, Sundridge, Leeda, Fladen, (YSS) International, Kiddy and Masterline. The annual turnover is £195,000, achieving a 43% gross profit. This is a particularly attractive purchase as the selling price also includes all stock, which has a cost price in excess of £70,000. This is a unique opportunity to acquire a popular and flourishing local business.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining length: New lease to be assigned
Rent: £250 per week

Living accommodation:

ACCOMMODATION DETAILS Spacious and well-appointed lock-up retail premises, briefly comprising: GROUND FLOOR Main shop: Open-plan retail sales area Wide sales counter Shelving/racking on walls Central aisles Product display stands Three chest display freezers for bait Store area and workshop Various refridgerators and freezers WC and wash hand basin EXTERNAL Wide frontage Room for external product display Car parking Sea views

Location:

Victoria Pier Angling is located in a prime, highly visible trading position on Victoria Pier within Colwyn Bay, Denbighshire. The business occupies substantial leasehold premises with a wide frontage and ample car parking facilities. The business enjoys stunning sea views over Colwyn Bay and is just above the town's famous sandy beach. Being such a sheltered coastline, the area is a haven for fishing enthusiasts all year round, including visitors and local clubs. The business is very close to junction 22 of the A55 Expressway, which links Chester to Colwyn Bay, Llandudno and on to Holyhead. This attracts a high volume of passing trade as it is an ideal stopping point from which to stock up on bait and tackle en-route to any North Wales fishing venue.

Other information

Trading hours:

Summer months: Mon - Sat: 8.00am - 9.00pm Sun: 8.00am - 6.00pm Winter months: Mon - Sun: 8.00am - 6.00pm