Outdoor & Sports Retail Business Located In Helston

Outdoor & Sports Retail Business Located In Helston
Prominent Trading Position
Parking Available
Ref 2642

Location
This well established Outdoor & Sports retail business is located in the Cornish town of Helston, Cornwall. The business is situated next to one of the main car parks for the town of Helston with visitors having to walk straight passed its doors. The area is also well served by the A-roads, with the (A394) being within easy driving distance of the property, which links to the national A-road and motorway networks. Helston is (12 miles) east of Penzance and (9 miles) south-west of Falmouth. The nearest railway station is Camborne, which is approximately (8 miles) away.

Asking Price: £49,950 plus SAV (£200k)

Business Description
Veritas Business Sales are delighted to offer for sale this respected retail Outdoor Wear & Sports business which is located in the vibrant Cornish town of Helston. The business has been established for over 20 years and has been in the careful hands of our client for the past 6 years. Reluctantly the business is being offered for sale due to ill-health
Since ownership they have refurbished, redecorated and continually invested in new retail display stands along with. fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Outback Trading is owner operated with the help of 2 full time and 4 part time members of staff and has an annual turnover of circa £320,000 with a gross profit of (40.4%). The business has been a welcome addition to Helston in the past 6 years stocking a large range of very sought after brand names such as Teva, The North-Face (TNF), Paramo, Jack Wolfskin, Reef, Keen, Meindl, Speedo, Zoggs to name but a few. They have a purpose built website using latest Shopify software.
We believe that there is further potential to increase trade by expanding upon the current marketing spend with local magazines and google clicks. The business enjoys a strong reputation locally for its high quality and as such has a high level of regular local trade along with many visiting tourists who are staying at the local campsites. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Opening Hours
Monday – Friday – 9:00am – 5:00pm
Saturday – 9:00am – 3:00pm
Sunday – closed

Leasehold
New 10 year lease to be discussed with the landlord
Rent: £15,000 pa
Rates: £4,300 pa

Ground Floor
Retail sales area (14.5m x 11.9m) comprising: serving counter with cash register, CCTV, 3 computers with monitors and key boards various professional wall mounted retail display units, 12 free standing retail display units, printer (HP Office Jet), 2 computer screens, sun glasses retail display stand, 2 changing rooms and footwear stock room.
Kitchen (1.5m x 1.5m) with sink and drainer.
W/C.
Dispatch room (5.6m x 4.8m) comprising: various shelves, 2 desks, packing equipment and 1 vacuum cleaner (Henry).
Office/Sock Room (3.5m x 6.5m) comprising: 2 desks, printer (Brother), 2 chairs, various shelving units, 2 computers with monitors and key boards.
First Floor
Retails sales area (13.8m x 7.3m) with various professional wall mounted display units and various free standing retail display units.
Stockroom (13.00 x 8.5m) with various metal and board shelving units.

External
Garage (3.6m x 5.9m) with various shelving units. Parking for (6) cars.

EPC Rating D