Shop for sale

Bournemouth, Dorset, , BH7

£12,000

Property Description

Commercial information

  • Business for sale

Key features

  • Ref:B04976
  • Leasehold

Full description

Business
Hilton Smythe welcomes to the market Giftechs.

The business was originally founded by our client in 2017 and has quickly become very well known in the area, with a lot of word of mouth referrals and further benefits from ample passing trade due to its prime trading location.

The business offers an array of services including, mobile phone unlocking, repairs, tablet repairs, retail of phone accessories, sales of pre-owned phones and tablets.

According to the latest set of figures the business reports a healthy turnover in the region of £24,000 and benefits from minimal running costs with low rent and no business rates.

The store is well stocked and clearly set out and also included in the sale is the user-friendly website https://giftechs.business.site/?m=true. We believe a new owner should consider the below options to further revenue.

Advertising and marketing campaign
Maximise the use of social media
Extend the opening hours
eBay shop for reconditioned tech

Early viewing is highly recommended.

Location
The business is located in the vibrant city of Bournemouth.
Giftechs occupies a prime trading location in a bustling main street with a constantly high footfall and passing trade throughout the day, located opposite the post office. 

The shop is accessed from the main entrances upon a busy street.

The business benefits from ample parking in numerous car parks, all within easy walking distance.

The area has excellent public transport links and is very easily accessible with several A roads serving the city and linking the area to surrounding towns.

Premises
Mid parade premise briefly comprising:

A generous sized store with vibrant signage clearly visible to passing trade.

Equipment-

• M pop Bluetooth till system
• Website
• Tablet
• All fixtures and fittings

All stock included is listed at a RRP of £60,000 and the owner is negotiable on price but looking to achieve £15,000 for the stock. 

The store has a seperate WC and the total area is 17.13sq.m 

Tenure
We are advised the business is being sold as a Leasehold

Original lease length: 5 years.
Remaining lease length: 4 years as of 2019.
Rent: £400 per month.

NO Business Rates

Hours
Mon: 9:00 AM – 5:00 PM
Tue: 9:00 AM – 5:00 PM
Wed: 9:00 AM – 5:00 PM
Thu: 9:00 AM – 5:00 PM
Fri: 9:00 AM – 5:00 PM
Sat: 9:00 AM – 5:00 PM
Sun: Closed

Staff
The business is run and managed by our client.

Financial Profile
Giftechs generated an advised turnover of circa £24,000, with around 50% net profit.


Nearest stations

  • Pokesdown (0.2 mi)
  • Bournemouth (1.6 mi)
  • Christchurch (2.0 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

  • Pokesdown (0.2 mi)
  • Bournemouth (1.6 mi)
  • Christchurch (2.0 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.

Disclaimer - Property reference B04976. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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