Commercial Property for sale

Tettenhall Road,Newbridge,Wolverhampton,WV6

£80,000

Property Description

Full description

Tenure: Leasehold

LONG ESTABLISHED CAMPING & AUTOMOTIVE ACCESSORIES BUSINESS - WEST MIDLANDS
Advanced rental bookings for the school holidays
Situated in the bustling city of Wolverhampton
Genuine reason for sale due to retirement
Advised annual turnover of 125,245
Long established and highly reputed
Regular and repeat trade
Ideal lifestyle opportunity
Walk in condition
LEASEHOLD


Location
This excellent business is situated within the upmarket city of Wolverhampton, amongst a wealth of complementary businesses and residential properties, it is situated near by a parade of high street shops, generating the business much of its trade. The city is located within West Midlands; however is historically a part of Staffordshire and forming part of the metropolitan county of the West Midlands from 1974. The business enjoys the prominent position of Wolverhampton as it is popular for tourists and visitors to see the attractions and leisure facilities the city has to offer. All of these attributes are beneficial for the business as they derive much of its trade. The near by towns include; Willenhall, Wednesbury and Wombourne which are all in close proximity. The city is easily accessed via the M54 leading to the A449.

Business History
Meridian Business Sales are delighted to offer for sale this exceptional camping and automotive accessories business, which was established by our client in 1998. Since our client established the business, he has invested a large amount of time and money into the business and premises, meaning it is in full walk in condition. Our client aims to meet every customer's need, ensuring they receive the help and advice needed along with the high standard of stock they desire. The business has a fantastic reputation with local residents and customers from near by as they are presented with friendly and professional services from our client and his 2 members of part time staff. They specialise in the sale and hire of roof boxes, roof bars & cycle carriers. They offer one of the largest selections to choose from, and also have a range of car care products along with a selection of tools. To complement this, they also stock a range of small camping items and also travel products for use in Europe. Finally, they also carry a range of motor vehicle batteries along with a selection of Leisure and Marine batteries. Due to the brilliant services provided, the annual turnover currently runs at 125,245 with a gross profit margin of 24.02%. The only reason our client has instructed us to market the business, is due to his desire to take a well deserved retirement. This is a superb opportunity to purchase a well established business, and as such early viewing is strongly advised as this exceptional business is not to be missed.

Financial Profile
Turnover: 125,245pa
Gross Profit: 24.02%
Stock Approximately: 45,000

Tenure
Leasehold
Original Length: 5 years
Remaining: 42 months
Review: Every 3 years
Rent: 570pm

Opening Hours
Monday: 8:30am - 5:00pm
Tuesday: 8:30am - 5:00pm
Wednesday: 8:30am - 5:00pm
Thursday: 8:30am - 5:00pm
Friday: 8:30am - 5:00pm
Saturday: 9:00am - 3:00pm
Sunday: Closed

Accommodation
Detached workshop with corrugated roof, briefly comprising:

GROUND FLOOR
Secure entrance with roller shutter door, leading to:

Open plan work shop
Various displays
Display racking/shelving
Toilet facilities
Mezzanine floor
Storage area

EXTERNAL
2 - 3 parking spaces on forecourt
Front stop displays

Nearest stations

  • Wolverhampton St George's (1.6 mi)
  • Wolverhampton (1.7 mi)
  • The Royal (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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

  • Wolverhampton St George's (1.6 mi)
  • Wolverhampton (1.7 mi)
  • The Royal (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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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