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Popular Toys & Confectionery Shop - Anglesey For Sale

Beaumaris, Gwynedd, UK
Asking Price:
£35,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Enviable Town Centre Location
Further Financial Info Available After Viewing
Gross Profit 70% Confectionery/40% Toys
Popular Tourist Destination
Handover Period Offered
Scope For Online Sales
No Direct Competition

Blacks Brokers are pleased to bring to the market this leasehold toy and sweet shop opportunity located in Beaumaris on the Isle of Anglesey.

INTRODUCTION
Sugacane Toys and Candy have four stores in operation with new stores opening around the country. This store in Anglesey was set up in 2018 and has firmly established itself producing a steady and profitable turnover. The business offers a range of the latest toys from Lego to LOL Surprise Dolls and is the only toy shop on the island to offer such a broad range. Sugacane is based within a popular tourist destination and 65% of trade comes from the summer months as a result of this. However, a new owner can maximise toys for the Christmas period and utilise the strength of the franchiser as the majority of annual toy sales come from the 12 weeks prior to Christmas. It is to be noted that the franchise is not offered for sale.

LOCATION
This is a fantastic opportunity to take on a retail business in the beautiful historical town of Beaumaris on the Isle Of Anglesey.
Beaumaris is a captivating seaside town, with a mix of medieval, Georgian, Victorian and Edwardian architecture.
The business is in an enviable location right in the heart of the town to maximise the thousands of tourists that visit every year.

REASON FOR SALE
This opportunity has become available due to our client’s other business interests and therefore this has created an exciting opportunity to acquire this family run business.

LEASE
The building is available for rent on a FRI basis ( Full Repair and Insurance). This is the most common type of lease. The lease has a 6 year term and this will commence upon new ownership with rent reviews every 3 years. The current rent is £14,300 per annum which represents excellent value for such a prime location property.

BUILDING LAYOUT AND DESIGN
The property is a three storey lock up unit on this parade of independent retailers. It has a traditional exterior with period features. The shop is in a prominent corner position at the heart of the town.

Once inside, the store is well laid out and has a clean crisp feel. Our client has created a shop fit that maximises all the available space within the building.

STAFF
The owner is supported by four full time members of staff.

FINANCIAL DETAILS
Available after viewing.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief.

SUMMARY
This is a exceptionally efficient run business that has been trading consistently since 2018.
The business produces a 70% profit margin on Candy and an average profit margin of 45% on Toys. The current owner is happy to offer support upon sale completion in regards to stock and any other advice.
This very well respected business presents an excellent opportunity for a new owner operator to enjoy and develop. Early viewings are advised as an speedy completion is anticipated.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - SAT: 09:30 - 17:00 SUN: CLOSED

Contact Blacks Business Brokers

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