Business Hilton Smythe is delighted to introduce to the market Bournemouth Model Railway Centre. This shop is very popular in the local area as it was first established by our client in 1974.
Over the years our client has thoroughly enjoyed running a business that is also a hobby. Our client is now reluctantly looking to sell due to the desire for retirement. The store specialises in model railway products and slot racing cars.
Running for over 41 years the store has an enviable reputation for its great selection of traditional and modern models. This includes a range of 500 Locomotions, Lomotive kits, and more than 8000 slot cars. The store is well known for being a Hornby service and collectors centre, this attracts a lot of repeat trade.
The business has a website on which it provides information, products and a price list for stock available. On the website you can order well-known brands such as Hornby, Peco, Trix, Marklin, lgb, Humbrol, Metcalfe and more. The business also supplies its products worldwide.
The business generates a fantastic turnover each year. We are advised the current turnover is an advised £160,000-£180,000 with a gross profit of 41%. We believe this could be increased by developing the website further and from starting a small advertising campaign. This will grab the attention of customers from further out of the town, therefore boosting sales and increasing turnover.
We are advised that the stock levels could be run down to between £200,000 - £250,000.
Hilton Smythe highly recommend early viewing to avoid disappointment. We are advised that our client would be happy to reduce stock down to suit the needs of the new buyer.
Location Bournemouth Model Railway Centre is located on a busy main road in Bournemouth, Dorset.
Bournemouth is a fantastic coastal town, with a huge amount of footfall day on day. The business is located on a bustling retail parade on Holdenhurst Road. This road has several connection points to the A338, which is a well-used A road that runs through Bournemouth. There is a fantastic number of retail outlets in this area, next door is an independent garage door company and café. In the area there is a gym, car sales, garage, Coop, off licence and many more.
This is a popular area not too far from the sea front. The location is well connected by the public transport system with bus stops located close by. The closest train station is just down the road, this line runs through to Poole.
Premises The front of the property is well signed, with a traditional feel. The property is double fronted with two large windows and has a reasonably sized terrace. In the windows are some fantastic displays of products on offer.
The store is light and airy and has a large range of stock on display. Around the perimeter of the inside of the store is bespoke glass fronted display units. To the right of the store is a great sized l-shaped glass fronted display counter. There are two till points and two computer order points.
To the rear of the premises is a small office and an additional storage area. To the outside of the premise is a small courtyard with shared parking.
Great sized property, viewing highly advised to discover the extent of the property.
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