Gun Shop in Lancashire For Sale

Detached property, excellent trading position, residential area, Lancs.

Turnover £ 40,000
Price £295,000

Features

Lucrative Gun Shop

5 DAYS OPENING
PARKING FOR 4 CARS to the front plus 6 TO THE REAR

Detached property in the region of 2,665 ft² with Kardean flooring, suspended ceiling with LED panel lights, Air conditioning with hot air, sales counter, cash register, modern shelving, glass display cabinets, CCTV system (8 cameras, 1 monitor)

Toilet with w.c. and wash hand basin.

First floor in the region of 735 ft²
Storage
Ladies Toilet with w.c. and wash hand basin..
Staff Kitchen
Office

Basement armoury in the region of 400 ft².

Turnover

WE ARE INFORMED by the owner the turnover currently averages £40,000 p.w. with a Gross profit of 20% approx.

Staff

The business is at present operated by the Husband & Wife team with 4 full time staff employed.

Trading Hours

5 Day week
MONDAY, TUESDAY, THURSDAY - SATURDAY 9am - 5.30pm

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows currently used for stock and requires complete all require modernisation.

Potential for:

3 bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Parking space for 6 car to rear.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £28,800 p.a. for the first 4 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £295,000 plus STOCK AT VALUATION (£1,200,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 147,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote