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Fishing Tackle Shop With Over 25 Years Trading History For Sale

Chipping Norton, Oxfordshire
Asking Price:
£8,950
Sales Revenue:
£25,000
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market K&M Fishing Tackle.

The business has been operated by the current owner for over 25 years and has built up an enviable reputation for the quality and service within the local community and which due to retirement this rare and exciting opportunity has now become available.

The business has built up strong local relationships with the surrounding clubs and ponds providing anglers with a wide range of tackle and bait with a good range of stock always available.

The business would suit either an established operator looking for an additional site or an individual looking for a local business opportunity with plenty of growth potential.

The business would greatly benefit from some modernisation with the development of an on-line presence as well as broadening the product range available perhaps tying in with local shoots and expanding the business into the shooting market to broaden the customer base further.

The business is in an excellent and much sought-after location and with a few tweaks could make an enjoyable lifestyle business for very little in-going cost.

Location
Situated along the busy West Street in the much sought-after location of Chipping Norton in Oxfordshire easily accessible off the A44 and Banbury Road.

The site is easily accessible on foot and by all modes of transport located in the centre of this market town, with short stay parking to the front and additional parking to the rear.

Premises
Situated within a stone period property in Chipping Norton. Main trading area with service counter, all storage units, shelving and display carousels, racking and product display cabinets.

Kitchenette to the rear.

To the first floor is additional storage space including shelving and racking.

To the rear of the site is an additional storage facility with WC and vendor parking.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £4,940 per annum currently on a monthly-rolling arrangement with new lease terms to be agreed.

Hours
The opening hours to suit the vendor are currently 7.00am to 5.00pm throughout the week and 9.00am to 1.30pm on Saturday.

Staff
The business is run and managed by the current vendor.

Financial Profile
We are advised the business is currently turning over in the region of £25,000 per annum trading limited hours to suit the vendor.

There are no rates payable on the business.

Property Information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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