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Retail premises for sale

£49,950

144 Spendmore Lane, Chorley PR7

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and very popular angling retail business, which is ideally located within Coppull, Lancashire.

The business was established by our clients’ in 2001 and is only now being offered to the market due to our clients’ desire for a well-deserved retirement. The business currently operates 6½ days per week and generates a turnover in the region of £306,500 per annum, with a gross profit of approximately 29%.

Our clients offer a wide variety of fishing tackle and accessories including, rods, poles, reels, bait, alarms, rod supports, fishing shelters, clothing and footwear, to name a few. The business specialises in Coarse, Carp, Pike, Sea and match tackle, as well as selling permits for local fishing.

The property boasts approximately 295 sq. Metres of floor space, with the main retail area to the ground floor and a further sales room to the first floor. The business is extremely well fitted out to suit the trade.

The business has built up an excellent 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 to later in the evening, especially in the summer months. A new owner could also embark on a modest marketing campaign to highlight the excellent goods and services offered. The business already has an excellent and informative website in place to promote the business at , which incorporates online ordering facilities.

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

Location
Coppull Angling Centre occupies substantial ground floor premises, ideally located within the village of Coppull, near Chorley, Lancashire. The business is surrounded by a mix of complimentary shops, businesses and densely populated residential estates, from which the business derives much trade. The angling centre benefits from private off street parking facilities to the side of the premises, as well as on-street parking within the area.

Coppull is a village and civil parish and is part of the Borough of Chorley. According to the 2011 census, Coppull had a residential population of 7,959. The village is a very popular place in which to live and work, due to its close proximity to the much larger towns of Chorley and Wigan.

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 Chorley, which is approximately 3 miles away. The area is also well served by the a-roads, with the A49 being within easy driving distance, which links to the national a-road and motorway networks. Wigan is approximately 7 miles away and Preston is 15 miles away.
Premises
Substantial two storey premises in an ideal trading location, briefly comprising:

Ground floor:

Large double shop with extensive frontage.

Spacious sales and display area.

Serve over counter with electronic cash register and credit/debit card terminal.

Shelving and racking.

Display units.

Office/stock room.

Kitchenette.

2 x WCs.

2 x storage rooms.

Bait room with refrigerators.

First floor:

Sales and display area.

Storage area.

Kitchenette.

WC.

External:

Good clear signage.

Car park for 4 x vehicles.

On street parking within the area.

Equipment included:

Serve over counter.

Racking, shelving and display units.

Refrigerators.

Freezer.
Tenure
We are advised Leasehold:

Remaining lease length: 2 years as of July 2016

Rent: £17,200 per annum.

A new 10-year lease is available.
Hours
The business is open:

Monday – Thursday: 8.00am – 5.30pm

Friday: 8.00am – 6.00pm

Saturday: 8.00am – 5.30pm

Sunday: 8.00am – 1.00pm
staff
The business is owner run and managed with 2 x part time staff members and 1 x casual staff member.
Financial profile
The business generates a turnover in the region of £306,500 per annum, with a gross profit of approximately 29%.

What Zoopla users think of Coppull

Overall rating:

  • currently 3.5 stars
Good - 73% (21 ratings)

Ratings breakdown:

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Nearby transport

  • Adlington (Lancs) (2.4 miles)
  • Chorley (2.5 miles)
  • Euxton Balshaw Lane (3.3 miles)
  • Blackpool International Airport (18.3 miles)
  • Liverpool John Lennon Airport (21.5 miles)
  • Manchester International Airport (24.4 miles)
  • Liverpool Belfast Ferry Terminal Bootle (18.9 miles)
  • Liverpool Pier Head Ferry Terminal (20.4 miles)
  • Liverpool Isle of Man & Dublin Terminal (20.4 miles)

Nearby schools

View all schools in Chorley
  • Coppull Primary School and Children's Centre (0.2 miles)
  • Coppull Parish Church of England Primary School (0.2 miles)
  • St Oswald's Catholic Primary School, Coppull (0.5 miles)
  • Lancashire College of Adult Education (2.3 miles)
  • Runshaw College (4.2 miles)
  • St John Rigby RC Sixth Form College (5.0 miles)
  • Southlands High School (1.4 miles)
  • Holy Cross Catholic High School, A Sports and Science College (1.6 miles)
  • Mayfield School (1.8 miles)
Note: Distances are straight line measurements

Local info for Chorley

About the neighbours in PR7

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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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