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Retail Property (high street) for sale

Market Street, Wellingborough, Northamptonshire, NN8

159 sq. m. | £39,950

Property Description

Commercial information

  • Business for sale
  • 1,711 sq ft (159 sq m)

Key features

  • REF: 1701
  • LEASEHOLD
  • OPTITIONS

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market Blink Opticians. This thriving business was originally founded in the 1990's and has been under the careful ownership of our client since 2007.

Blink Opticians is very well known with an excellent reputation and is very well supported by the local community with much repeat trade and word of mouth referrals.

The business is spread over 3 storeys within this distinctive premise. The ground floor retail area is fully racked with nearly 1000 glasses frames on display. The two consulting rooms are on the first floor offering a personalised professional service using expensive high quality equipment. Additionally, there is office space on the second floor.

We believe this profitable business has the potential for further growth, perhaps by extending opening hours, in particular at weekends or make full use of the second consulting room which is currently utilised as storage and for contact lens tests. Alternatively, there is the potential to convert the second floor to living accommodation if required and subject to the relevant permissions from the local council.

Early viewing of this flourishing profitable business is highly recommended.


LOCATION
Blink Opticians is located in the lovely market town of Wellingborough in Northamptonshire.

Occupying a prominent corner position on Market Street, the main thoroughfare and high street within the town centre. The business is surrounded by a host of retail outlets ensuring heavy footfall throughout the day. The business also benefits from local free car parking within the vicinity.

Wellingborough is around 11 miles from the large town of Northampton and has a population of around 49,000, the town still hosts regular market days three times a week. The A45 duel carriageway skirts to the south of Wellingborough linking the town with the A14 and M1 motorway. The A45 provides an easy commute to Northampton and the town is also supported by its own railway station and a busy bus network provides excellent public transport services.

PREMISES
This end parade three storey premise briefly comprises:-

Ground floor retail area, well fitted with modern interior, fully racked with display units and window display. (996 frames on display).

Seated waiting area for customers with water cooler/dispenser. Reception desk with computer and card terminals.

The first floor houses the two consulting rooms briefly comprising:-
First consulting room which is fully equipped, whilst the second room is currently used for storage and contact lens.
Tonometer - NCT and Perkins
Full trial lens set
Keratometer
Slit-lamp
Henson Field Screener
Eye Exam Illuminated Chart
To the second floor is an office, toilet facilities and staff room.

There is a cellar on the lower ground floor currently unused.

The business is clearly signed and highly visible to passing trade. There is 1 allocated parking space.

TENURE
We are advised leasehold.

New lease to be negotiated as of July 2016.

HOURS
The business opens:-

Monday to Friday 9.00am - 5.30pm
Saturday 9.00am - 2.00pm
Sunday - closed.

STAFF
The business is owned run and managed with the assistance of 1 full time member of staff.

FINANCIAL PROFILE
The business reports a healthy turnover of 100,000 per annum, with reported gross profit at 50,000.


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