This is an excellent opportunity to acquire a well-established electronics, gadgets & Vape retail and repair business occupying a prominent trading position in the heart of the historic town of Lewes, situated directly on the busy High Street. Lewes is a vibrant and affluent market town with excellent transport links, including a mainline railway station providing regular services to Brighton and London. The town also benefits from convenient access to major motorway networks and nearby seaside towns. In addition to a strong local customer base, Lewes attracts a significant number of tourists throughout the year who visit the town to explore its many historic attractions. The business offers a wide selection of electronics for sale, including mobile phones, tablets, laptops and games consoles. In addition, the vendor provides a range of popular repair services such as cracked screen replacements and battery changes. The shop also generates additional income through the sale of vape products and a selection of luggage. Furthermore, the business includes all of the necessary equipment and stock required to provide a key cutting service, offering further scope for additional revenue. The business has been trading successfully for the past two years and during this time has built an excellent reputation locally, supported by strong online reviews, including a 4.5★ rating on Google and a 5★ rating on Facebook. The business is now being offered to the market due only to the vendor’s desire to focus on other business interests. This represents an ideal opportunity for an owner-operator or investor looking to acquire a well-positioned retail business with multiple income streams in a thriving town centre location.
- Asking Price:
- £40,000
- Turnover:
- £130,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises are held on a full repairing and insuring lease, which has approximately 5 years unexpired at a current rent of £16,500 per annum. We understand that the lease is protected under the 1954 Landlord & Tenant Act.
- Leasehold Rent:
-
£16,500 per annum
- Location:
-
This is an excellent opportunity to acquire a well-established electronics, gadgets & Vape retail and repair business occupying a prominent trading position in the heart of the historic town of Lewes, situated directly on the busy High Street. Lewes is a vibrant and affluent market town with excellent transport links, including a mainline railway station providing regular services to Brighton and London. The town also benefits from convenient access to major motorway networks and nearby seaside towns. In addition to a strong local customer base, Lewes attracts a significant number of tourists throughout the year who visit the town to explore its many historic attractions.
- Premises Details:
-
: The High Street premises have recently been completely refurbished and are presented to the market in excellent condition throughout. The main retail area is spacious and well laid out, with racking and display shelving fitted along the walls for the display of mobile phone and tablet accessories. The shopfront window features a secure glass display cabinet showcasing higher value electronics, including games consoles, laptops and mobile phones. The main sales counter is positioned towards the rear of the premises. Beyond the counter is a large room currently utilised as a repair laboratory, together with additional storage space for luggage and mobile phone accessories. To the rear of the premises there is a kitchenette area and access to an outdoor toilet. In addition, there are two glass display cabinets and four glass counters which remain boxed and can be included within the fixtures and fittings. The property also benefits from a basement (not full height), which is currently used for storage and houses all of the equipment and stock required to offer a key cutting service. The premises are fitted with a CCTV system, and we are informed that the building is Grade II listed. Early viewing is highly recommended to fully appreciate the excellent condition of the premises and the superb High Street trading position in the heart of Lewes. This represents an ideal opportunity to acquire a well-positioned retail business with multiple income streams in a highly desirable and affluent market town.
- Planning Consent:
-
retail
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
other interests
- Trading hours:
-
Monday-Saturday 9am-5:30pm and Sunday 10am-4pm..
- Employees:
- none
- Years established:
- 2
