Leisure/hospitality for sale in Derby Road Industrial Estate, Hounslow TW3
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Property description
Are you passionate about skating and seeking a lucrative business opportunity? Look no further! We present to you an exciting chance to acquire a thriving roller and inline skate wholesaler business, complete with established brands and a diverse client base across the UK and EU. Establshed in 1981, our clients have built up an excellent reputation for supplying quality products at affordable prices.
Key Features:
Relocatable: Enjoy the flexibility of relocating the business to your preferred location, making it convenient to manage operations.
Wide Clientele: An extensive network includes Skate Shops, Roller Rinks, Leisure Centers, Online Sellers, Community Organisations, and Roller Event Organisations, providing a steady stream of business-to-business sales opportunities.
Established Brands: Providing various well established brands, including three trademarked and registered brands with over 25 years of reputation and trust in the market:
Ventro Turbo (skate brand)
California Pro (skate brand)
Airwaves Wheels (skate wheels brand)
The business supplies many of the leading online retailers with their California pro and Ventro Turbo range of roller skates, skatebags, inline skates and more.
Profitability: Enjoy a proven track record of profitability with consistent demand for their high-quality products.
Market Presence: Established brands have carved a niche in the roller and inline skating industry, ensuring a competitive edge in the market.
Expansion Opportunities: With a loyal customer base and a robust distribution network, there's immense potential for expansion into new markets and product lines.
Turnkey Operation: Take advantage of a fully operational business model, including supplier relationships, distribution channels, and brand recognition, saving you time and effort in establishing a new venture.
Please do not hesitate to contact us for further information and to arrange a meeting with the owner! RX383042
Location
The business currently operates from an industrial warehouse unit conveniently situated on the outskirts of the bustling Hounslow town center, merely 0.5 miles away from Hounslow Central station. While the business currently functions from this locale, it's important to note that it is entirely relocatable and not constrained to trading solely from this site
Tenure
There are two leases, both with 3 years unexpired and we are advised that each lease has a 6 month break clause where a buyer can terminate the lease with 6 months notice to relocate to another unit, if required. The current rents are payable at £22,000 per annum exclusive and £36,000 per annum exclusive totaling £58,000 per annum exclusive for both units
Premises
The business currently utilises 2 units, each unit is arranged to provide approximately 980 sq ft on the ground floor; and a mezzanine level above with approximately 800 sq ft. Both units are the same size
Trading Hours
Monday - Friday 9 am - 5 pm
Staff
The business is run by the vendor on a full time basis, with he assistance of 1 part time member of staff and casual staff, once per week
Turnover
Most recent 4-quarters VAT returns confirm a turnover of £594,967. Full financial information can be disclosed to seriously interested parties, following a meeting with our client
Business Rates
One premises is subject to rateable value of £14,250 with the other subject to a rateable value of £12,500
Legal Costs
Each party are to be responsible for their own, with the landlords legal cost to be split 50/50
Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission
For more information about this property, please contact
Gilbert & Rose Commercial, SS9 on +44 1702 787467 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Gilbert & Rose Commercial, and do not constitute property particulars. Please contact Gilbert & Rose Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.