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Retail premises for sale

£39,950

Hudson Street, Deddington OX15

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and popular specialist airgun and accessories business in Deddington, Oxfordshire.

The business was established by our client in 1998 and is only now being offered to the market due to our client’s desire for a well-deserved retirement. The business currently operates 6 days per week and generates a turnover in the region of £183,000 per annum, with a gross profit of approximately 39%.

Our client offers a wide variety of airguns and accessories, all of which are held in a secure facility and include the most popular 12ftlb and fac rifles and pistols in the UK, as well as many add-ons for hunting and target. The range includes new and used rifles and pistols, repairs and servicing, air bottle filling service and clothing and promotional products. Our client is a registered member of the Gun Trade Association.

The property is very well maintained and fitted out to suit the trade. The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to promote the goods offered. The business already has a very informative website in place to promote the business, which we feel would benefit from online ordering facilities.

This is an excellent opportunity for a new owner with drive and enthusiasm to take this already busy business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
Otmoors Airguns occupies substantial ground floor premises, ideally located within the quaint town of Deddington in Oxfordshire. The business is surrounded by a mix of commercial and residential properties and benefits from a good volume of footfall and passing trade. The business further benefits from good on street parking facilities within the immediate area.

Deddington is a civil parish in Oxfordshire, approximately 6 miles south of Banbury. According to the 2011 census, the town had a residential population of 2,146. In scale Deddington is a village but it has a town centre with a market place. Amenities within the town include several shops, hotels, restaurants and four public houses, as well as holding regular farmers markets.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is Kings Sutton, which is approximately 3 miles away. The area is also well served by the a-roads, with the A4260 being within close proximity, which links to the vast a-road and motorway networks. Chipping Norton is approximately is approximately 10½ miles away and Oxford is 20 miles away.
Premises
Substantial ground floor premises in an ideal trading location, briefly comprising:

Security grill and door entrance.

Full length serve over counter with display cabinets showing pistols, accessories etc.

Gun racks to rear of counter.

Various display racks and units for clothing, cases and targets.

Curtained storage area.

WC.

Rear room with kitchen area, desk, work bench and wall racking storage area.

External:

Security grills to all windows.

Internal security grill and door.
Tenure
We are advised leasehold:

Original lease length: 6 years

Remaining lease length: 2 year extension

Review every: 3 years

A new lease is to be advised.
Hours
The business is open:

Monday – Friday: 10.00am – 5.30pm

Saturday: 9.00am – 5.00pm

Sunday: Closed
staff
The business is owner run and managed with 1 x staff member
financial profile
The business generates a turnover in the region of £183,000 per annum, with a gross profit of approximately 39%.

What Zoopla users think of Deddington

Overall rating:

  • currently 4 stars
Very good - 83%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
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Community & safety
  • currently stars
  • 1
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  • 5
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  • 1
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  • 4
  • 5
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  • currently stars
  • 1
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  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
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  • 1
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  • 4
  • 5
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  • currently stars
  • 1
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  • 5

Nearby transport

  • Kings Sutton (3.3 miles)
  • Heyford (4.4 miles)
  • Banbury (5.5 miles)
  • Coventry Airport (27.7 miles)
  • Birmingham International Airport (37.4 miles)
  • London Luton Airport (41.4 miles)
  • Sharpness Old Docks (52.6 miles)
  • Lydney Harbour (54.0 miles)
  • Shepperton Ferry Landing (55.6 miles)

Nearby schools

View all schools in Cherwell
  • Deddington Church of England Primary School (0.2 miles)
  • Christopher Rawlins Church of England Voluntary Aided Primary School (2.7 miles)
  • Dr Radcliffe's Church of England School (3.4 miles)
  • English Language Training (5.3 miles)
  • Stowe School (13.4 miles)
  • St Edward's School (14.3 miles)
  • Bloxham School (3.6 miles)
  • The Warriner School (3.7 miles)
  • Tudor Hall School (4.3 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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