Suffolk Model Railway Specialists For Sale

Business description

Norfolk Business Sales is pleased to offer for sale this business which our client is placing on the market in order to enjoy a well-earned retirement. The business was founded in 1961 by the vendor’s family and specialises in railway and general modelling accessories, from leading suppliers such as Hornby, Bachmann and Peco.
They also stock a wide range of art and craft materials from Winsor & Newton and Daler-Rowney.
The ratio of sales is approx. 85% modelling to 15% art materials with the business benefiting from a loyal customer base with very little local competition. The shop is currently run by the vendor with the assistance of his daughter on a full time basis.
There is a limited mail-order side to the business, which we believe could be developed extensively to include internet sales. We believe that the business would appeal to a modelling enthusiast or a company seeking additional outlets.
N.B. Although offered on a leasehold basis the Vendor is open to offers in the region of £195,000 for the Freehold which includes the business premises on the ground floor and living accommodation on the first and second floor.

Property information

Property:

Leasehold

Lease terms:

New lease available

Living accommodation:

Spacious retail outlet located on the ground floor of a 3 storey building, briefly comprising: Main Sales Area - Total area of approx. 800 square feet. - Large window display area with main entrance to the side. - Wall mounted display cabinets and racking. - Purpose-built display units for paint etc. - Sales counter with till/credit card m/c. Doorway to: - Rear office. - Toilet/washroom. External - On street parking to the front. - Loading access via service road at the rear.

Location:

The business is ideally located on a busy main road leading into the town, which makes it easily accessible to its diverse customer base.
The town itself enjoys a wide-ranging industry base, together with the summer tourist trade.

Other information

Expansion potential:

Mail order and internet sales

Competition / Market:

Very little competition

Support & training:

As required

Reasons for selling:

Semi-retirement

Trading hours:

Mon – Sat: 9.00am – 5.00pm Thurs & Sun: Closed