Sold
Well Stocked Fishing and Sports Retail Store
Doncaster, South Yorkshire
- Asking Price: £77,000 +SAV
- Turnover: The business reports a turnover of £213,000 per annumWith a gross profit of 28%
- Tenure: Leasehold
Hilton Smythe is delighted to introduce to the market R & R Sports which was originally established by our clients in 1985, and is well known, and very popular in the area with a fantastic amount of repeat trade. Our clients have enjoyed running the business, and are only now offering the store to the market due to the desire for retirement. The business is profitable with an advised turnover of around £213,000 per annum with a gross profit of 28%. The business generates its turnover from the sale of primary fishing tackle and all accessories. They also offer a smaller range of sports wear and accessories. The business has a great reputation for quality of stock and service provided. The property is large, and has a lot of space for stock. We believe there is room to increase the sports products further, this will bring in more custom, boost sales and therefore increase turnover. The business doesn’t have an e-commerce website, this could be something the new owner looks into as this will target customers from more further a field. With the property comes a beautiful owners accommodation located to the rear of the premises. This would be a perfect opportunity for a couple looking to move to this fantastic town, with such a welcoming community. This is a one stop fishing shop with a comprehensive range of stock, and we highly advise a new owner with experience of the trade to view this profitable business. Our client would also be willing to offer a hand over period for those wanting to learn the ropes or just to get a handle on their new business.
The business is run and managed by the owner and his wife with the assistance of 2 members of staff.
The business opens:- Monday-Friday: 6am – 5pm (June- September)Monday-Friday: 7am – 5pm (September- June)Saturday: 6am – 5pmSunday: 6am – 4pm Seasonal differeces
R & R Sports is located in the traditional town of Bawtry, South Yorkshire. Bawtry is a fantastic small town with a beautiful town centre. There are many 3 storey character properties in the area, this gives the area a welcoming feel. The town centre is equipped with all local amenities and an array of retail stores like a DIY store, opticians, food outlets, furniture stores, banks, pubs and more. The property benefits from on street parking and a car park directly facing. Just a short walk from the property is a bus stop. High Street A614, is a very busy main road that runs from Doncaster to Worksop. This is a great road connection which is well used, and benefits the business with its high amount of footfall.
The business is situated in a substantial 3 floor semi-detached property. The property is made of 3 shop fronts, two of which have been converted to 1 (R & R Sports). The separate single ground floor shop front is occupied by a butchers, the rest of the property belongs to R & R Sports. To the rear of the property is the 2 storey owner’s cottage/living accommodation. R & R Sports is split in to two sales area’s with only 1 service counter. Ground floor equipment includes- Service counter with glass frontage displayExtensive shelvingRackingDisplay units throughoutCentral display unit to the rear of the sales area To the back of the property is a kitchen and W/C for staff, there is also access to the rear. In the outside area is a lean to with 2 chest freezers. There are two small stock rooms in this area. Parking is available in the private courtyard for the owners. There is an outside W/C, outbuildings for preparation, store room and a walk in chiller. On the first floor is an office, stock room and another smaller store room. The second floor is made up of 3 stock rooms. Owners Accommodation- On the ground floor is a kitchen/dining area and a living room. The first floor has a single and two double bedrooms. The bathroom is large and has a shower over the bath. The owner’s accommodation is a fantastic size, fully fitted and ready to move into. The accommodation can be accessed separately via the courtyard. The premises is well secured with a 3 camera CCTV system fitted, there is also a monitored alarm system.
Tenure
We are advised the business is leasehold Original lease length 9 yearsRemaining lease length 9 yearsReview period 3 yearsRent £11,900 per annum
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