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Highly Profitable Trophy Sales, Restoration And Engraving.. For Sale

Taunton, Somerset
Freehold Price:
£154,950
Lease Asking Price:
£59,500
Sales Revenue:
Available on request
Cash Flow:
Available on request

Description:
Over the past 40 years this business has a held a position of pre-eminence as the 'Go To' business for quality trophies and related services. In the past years they have secured high level national SEO for a range of high margin services; they have concentrated on high value services whilst at the same maintaining their existing relationships with local clubs and educational establishments.

Premises Details:
The premises are extremely spacious (1200sqft) and flexibly configured to create a number of specialist work zones. Available as Leasehold or freehold proposition.

Property information

Property:

Available as freehold and leasehold

Lease Terms:

A new FRI lease will be issued in favour of the purchase at sensible terms and for an agreeable duration. The initial rent will be £7500 pa payable quarterly in advance, in addition the tenant will be responsible for the ground rent which is currently £100pa and soon to increase to £250.There are no service charges and the next rent review will be at the third anniversary. Property insurance is circa £600 pa

Location:

The business trades from a prominent location on a busy road and close to an Intercity railway station. The location is a secondary retail position but has substantial passing trade (local pay car park). The shop/workshop is highly visible and has striking graphics which makes it stand out.

Business Operation

Reasons for selling:

The owner is relocating to be closer to family members, it will be impractical to operate the business from such a remote base. The current owner has owned and operated the business for at least the last 10 years.

Years established:
1978

Other Information

Leasehold asking price:
£59,500

Contact Information

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