Shop for sale

Durngate Street, Dorchester, Dorset, DT1

38 sq. m. | £265,000

Property Description

Commercial information

  • Business for sale
  • 409 sq ft (38 sq m)

Key features

  • REF: 13425
  • LEASEHOLD
  • ELECTRONIC CIGARETTES
  • VAPING

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market Vaperstar. This business was first established by our clients in 2014. The business is the only retailer of its type within 20 miles; this allows for a generous amount of repeat loyal trade.

The business runs as a Vape liquid and products retailer. Vaping and e-cigarettes are naturally a huge growth sector; proven to be very popular in this location. The Vaperstar brand is well known in Dorset and the surrounding counties. Our clients have run the business to an exceptional standard and this would make a perfect first time purchase.

Vaperstar sells a large range of products, this includes some well-known brands. Cuttwood, Ethos, Cloud Island and Digbys to name just a few. Our client also introduced their own range of liquids. Any rights to these products made by our clients will not be included in the sale. The purchaser could look into their own range.

The business generated a turnover in the region of 172,000 as of the 2016 accounts, with a gross profit of 57%.

The business has an excellent e-commerce website. This lists all products available and allows customers to purchase stock online. (www.vaperstar.co.uk) The site is easy to use and has been completed to a high standard. The business does have a Facebook page which is a great way of attracting new custom. The purchaser should look to continue social media advertising. Vaperstar also attend regular exhibitions to allow the brand name to be expanded further.

This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.


LOCATION
Vaperstar is located in Dorchester, Dorset.

The business is situated in a lovely stone built mews and courtyard shopping area with lots of complimentary operators. This is just off the main Dorchester high street, adjacent to main car parks. The area is filled with a plethora of retail outlets and there are some residential properties close by.

Dorchester has an excellent town centre that receives a generous amount of footfall each day. The town is surrounded by some great A-roads, this includes the A35 and the A37. The town is situated between Poole and Bridport, Weymouth is also just a short 20-minute drive away from the area. The town had a population of circa 19,060 as of the 2011 census; from which the business derives much of its trade.

Dorchester has some great public transport links. The closest bus stop is a short walk away, this has regular daily routes into Blandford, Weymouth and Crossways. There are two train station in the town which have direct lines into London.

PREMISES
Vaperstar shop front is inside a courtyard. This is gated and secured. On the street by the gate is signage which is clearly visible to passing trade.

On entry is the main retail space. There is a service counter used for displays and a sofa for awaiting customers. There is a till system in place. Across the back way is shelving used for displaying stock available.

Through to the rear is an office for staff. In here there is a staircase that leads upstairs to the storage room.

The store space is a great size and comes completed with shelving.

TENURE
We are advised the business is being sold as a Leasehold opportunity.

Rolling lease with a new lease to be negotiated.
Rent: 6,000 per annum

HOURS
The business opening hours: -

Monday - Saturday: 9am - 5pm
Sunday: Closed

STAFF
The business is run and managed by our clients, with the help of two part time members of staff.

FINANCIAL PROFILE
The business generated a turnover in the region of 172,000 as of the 2016 accounts.
Gross profit 57%


Nearest stations

  • Dorchester South (0.4 mi)
  • Dorchester West (0.4 mi)
  • Upwey (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Dorchester South (0.4 mi)
  • Dorchester West (0.4 mi)
  • Upwey (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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