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Friday 18th of Aug 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£65,000

Wolverhampton Computer & Gaming Shop Premium Advert

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Reference5799 / RightBiz
Status
FOR SALE
Advert ID198244
LocationWolverhampton, West Midlands
SectorComputer Businesses
Leasehold Price£65,000
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Date Ad Submitted
    Established Since 2014

    Annual Turnover £46,000

    Gross Profit 75%

    Non - Opposing Lease

    £0 Rates / Rent £84 Per Week

    EPC - D

Description:
REF 5799 – Computer and Gaming Shop


Blacks Business Brokers are proud to bring to the market this leasehold computer and gaming shop located in the much sought-after area of Bushbury, Wolverhampton.




INTRODUCTION

Sian Computers has been trading from Broadway on Colinswood Road since 2014 when our client set up from scratch. The business offers an array of computing and gaming solutions and services, from advice to repairs and servicing to remote support and data management. During it’s trading history, the business has established a large and loyal customer base and engaged with the local community to gain an exceptional reputation and following.




LOCATION

Situated on a busy main road, close to a popular primary school and many residential properties, this business enjoys a consistent flow of custom from a variety of areas. This small parade of shops is well positioned with free parking directly outside and is close to good public transport links.




REASON FOR SALE

Sian Computers is only being offered for sale due to our client’s family commitments and a change of personal circumstance.




LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 5 years with rent reviews every 5 years. The current lease began in 2014 and runs at a cost of £4,380 per annum.

PLEASE NOTE: This is a non-opposing lease, disallowing any other computing or I.T. business to trade in this parade of shops and businesses.




BUILDING LAYOUT AND DESIGN

Sian Computers is housed within a spacious, single fronted property with very bright signage and an extensive free car park to the front. The business is well branded with clear signage on display and Metal shutters in place for additional security. Inside, the main showroom area with gaming area is modern and well lit, with a large projector screen and two gaming chairs in place. The retail space allows for some display areas and product displays with a main sales counter and a comfortable seating area.

To the rear of the main showroom is a private repair area, well furnished with good quality fixtures, fittings and equipment.




STAFF

Sian Computers is currently a family run business with no additional staff in employment.





FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Sian Computers has traded solidly over its trading history. The business generates an annual turnover of £46,000 with strong gross profits of 75% and zero rates payable.





SUMMARY

This leasehold business offers a unique and exciting opportunity for a new owner to enjoy this specialist business with client base and reputation already established. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. It may also be of interest to a similar business looking to expand into this area with a non-opposing lease already in place. Early viewings are strongly advised.

Fixtures & Fittings:
Gaming Zone

3 Business PCs

Display Cabinet

Shelving


Leased Item

Printer

Opening Hours:
Mon - Fri - 10am - 5pm
Sat - 10am - 2pm
Sun - Closed
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