Superb Bookmakers In Nottinghamshire For Sale

Business description

Early interest and viewing is highly recommended
Prominent location in New Ollerton, Newark
Sale includes website and fixtures & fittings
Advised annual turnover of £269,900
Scope to trade longer hours
Well established business
Low weekly rent of £75
Regular customers
Low overheads
LEASEHOLD

Business History

Meridian Business Sales are privileged to offer to the market this well respected and well established independent bookmaker. The business has been established since 1964 and has been in the careful hands of our client for the last 4 years although she has worked there for many years. This superb concern is only being offered to the market due to ill health. During our clients ownership she has continually invested in fixtures and fittings which are all included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Our client informs us that the annual turnover for the business is £269,900. The business is big on flat horse racing betting but offers all usual bookmaker services such as jump racing, dog racing, football, Irish lottery, 49ers daily draw and many more sporting events. It has a big following from the local residents and there are a couple of phone account customers. The business is owner operated and has 2 part time members of staff. Our client has stressed that she is more than happy to offer support to a new purchaser by way of a change over period to settle them in to the daily running of the business. We believe that there is still potential to increase turnover by extending the opening hours and adding fruit machines. Early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Rolling lease
Rent: £75pw

Location:

This superb and well established independent bookmaker is situated on a small parade of shops within a large housing estate in New Ollerton, Newark. Its location makes it the easiest bookmakers to access by the local residents due to the fact that the other bookmakers within the town require a long walk up the hill to get there. It's accessed via the A614 from the A60 and is just 20 minutes from junction 26 of the M1 motorway.

Premises details:

Retail Independent bookmaker situated on a large housing estate, briefly comprising;

GROUND FLOOR
Secure entrance leading to:

Retail shop with tables and seating for 20
2 x flat screen TVs
9 x monitor screens with teletex
Sales counter with office area
3 x cash registers
Safe
Settling machine
Sink drainer
Tea and coffee area

Toilet and wash basin

EXTERNAL
Front off road parking for 2 vehicles

Business Operation

Trading hours:

Monday: 10:00am - 5:00pm
Tuesday: 10:00am - 5:00pm
Wednesday: 10:00am - 5:00pm
Thursday: 10:00am - 5:00pm
Friday: 10:00am - 5:00pm
Saturday: 10:00am - 5:00pm
Sunday: 10:30am - 1:00pm