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Established Vape Shop 8 Years Trading-Berwick For Sale

Berwick-Upon-Tweed, Northumberland, UK
Asking Price:
£19,950 Furniture / Fixtures and Inventory / Stock included
Turnover:
£120,000
Net Profit:
On request

Established Vape Shop – Berwick-upon-Tweed – £19,950

An excellent opportunity to acquire a well-established vape shop in a prime town-centre location. Trading successfully for approximately eight years, the business enjoys a loyal customer base, strong local and tourist trade.

The fully fitted leasehold premises comprise two adjoining retail areas, offering scope for expansion or a complementary business (subject to landlord consent). Rent is approximately £700 per month.

The sale includes fixtures, fittings and an agreed level of stock, allowing a new owner to continue trading immediately. An experienced full-time employee is in place, providing continuity for a new owner.

Asking price: £19,950. Detailed financial information is available to genuine prospective purchasers following initial enquiry.

Property Information

Property:

Leasehold

Leasehold Rent:

£8,400 per annum

Living Accommodation:

n/a

Location:

Prime high street position on Marygate in the heart of Berwick-upon-Tweed, benefiting from strong passing trade.

Premises Details:

Two adjointing retail units with separate frontages and independent entrances. The second unit provides excellent potential for expansion, additional retail space or a complementary business (subject to the landlord's consent). fully fitted with display cabinets, counters, CCTV, alarm system and shelving.
Leasehold premises with rent of approximately £700 per month.

Size in square feet:
323 sqft

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The second adjoining retail unit offers excellent potential for expansion, additional retail space or a complementary business, subject to the landlord's consent.

Competition / Market:

Established business with loyal repeat customers and strong local reputation.

Reasons for selling:

Change in owners direction.

Trading hours:

10 till 5.30 6 days a week

Employees:
one
Years established:
8 years

Other Information

Support & training:

n/a

Furniture / Fixtures value:
£5,000 - included in the asking price
Inventory / Stock value:
£5,000 - included in the asking price