Established Ironmongers In Wick For Sale

Asking Price:: £225,000

Turnover:: Available on request

Net Profit:: Available on request

+ 5 images

Birons Wick is a hugely popular and consistently profitable ironmongers' business, with an excellent trading position within the busy Caithness town of Wick.

Purchased in 2011 and expanded in 2019, the business benefits from a fantastic reputation locally for both exceptional customer service and for the impressive product range offered. Many of these products are simply not found anywhere else in the town, so the business is seen as an important service for the local region. Goods and services sold include key cutting, picture framing, cleaning products, nails and screws, garden tools, mouse traps, watch batteries and many more household items.

The business is reluctantly being placed up for sale due to retirement plans of the owner. The business has lots of further development potential and could benefit from modernisation in terms of digital marketing, social media advertising etc. It does however, benefit from a modern and functional website which allows customers to click and collect or order for delivery.

The opportunity is a well- established and highly regarded local business. Which would make a fantastic lifestyle business for a first business or even an experienced operator who is looking to relocate to the area or add to a group model. The business has been consistently profitable.A suitable handover period is available for the right candidate. Our client operates the business with the help of one FT member of staff. The business trading hours are 10-4 Monday through Saturday.

Financials will be made available to seriously interested parties on completion of a successful viewing.

Property Information

Property:: Freehold

Location:

Located in the heart of Wick, Caithness, this established business offers a rare opportunity to become part of a vibrant community with a rich history and a promising future.

Nestled in the scenic beauty of northern Scotland, Wick is renowned for its stunning landscapes, historic landmarks, and friendly, close-knit community.Wick is a bustling hub in Caithness, with a steady influx of tourists and a loyal local customer base. The town boasts a wealth of historical sites, including the Wick Heritage Museum and the famous Old Pulteney Distillery, attracting visitors year- round.

Situated on the North Coast 500 route, Wick benefits from significant tourist traffic, enhancing business visibility and growth potential. Enjoy the backing of a supportive local community, fostering an environment where businesses can thrive.

Premises Details:: he property includes two distinct but adjoined properties: 20 Bridge Street, acquired in early 2011 at the business's inception, and 22A, which was purchased in 2019, previously an Indian restaurant. 20 features multiple levels, including an upstairs (stockroom), ground floor (retail space), and basement, whereas Building 22A offers a ground floor and basement. Both properties are equipped with a high-quality sixteen- camera CCTV system that allows for remote monitoring and is fully alarmed providing excellent security over the retail elements. The large basements in both buildings have remained untouched for over a century, these areas could be utilised for a number of different uses subject to necessary consents.A dumbwaiter is installed, facilitating the movement of stock between the ground and first floors. Additionally, the basement of 22A opens into a rear courtyard, which is also used as a fire escape. The business is in excellent turnkey condition, requiring minimal capital investment from a new owner and a profitable an established going concern. Leasehold option may be available.