Nationwide Mobile Phone Retailer For Sale

Business description

Bag a Business Ltd is delighted to offer for sale Fonexchange, a prestigious and highly regarded mobile phone retailer. It has been established for 8 years and our client now wishes to sell due to other business interests. The business has direct accounts with all the major providers including Orange and Vodaphone, placing them in a very strong position in the market place. As well as retail sales, our client has amassed a large corporate client base and the concern has become a national business, Some clients use up to 500 phones at a time. The business is on the verge of a huge expansion and the owner is unable to devote the time required to grow the business. Our client has created a turn key operation and the business is fully managed with 6 full time staff as well as a manager. Early discussions with Bag a Business Ltd must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold:
Original: 21 years
Remaining: 13 years
Review: 5 years
Rent: £42,500 per annum

Living accommodation:

This large unit is situated in a covered shopping centre and briefly consists: GROUND FLOOR Main facia consists of 3 large glass windows French doors to entrance Sales counter area Display area - full display of phones and accessories 2 offices FIRST FLOOR Large accounts office Kitchen area Toilet

Location:

Fonexchange is located in the Shire Shopping Centre in Trowbridge, Wiltshire. This prestigious centre contains many household names including Waterstones and a whole variety of other retailers. It has more than 120,000 customers using the centre every week with 48 outlets and a large car park. The Trowbridge Museum is at the heart of the complex. The centre lies in the town centre. The location also allows the servicing of the local business community and it is well placed to provide a nationwide service.