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Mobility Equipment Retail Business in Chard, Somerset For Sale

Chard, Somerset

£30,000 +SAV

Ref: 2099

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Description

Hilton Smythe is delighted to welcome to the market this well-established mobility equipment retail business in Chard, Somerset. The business was established by our clients` in 1993 with a small team of specialist staff, who have over 50 years of combined experience in working with people with disabilities. The business is only now being offered to the market due to our clients` desire for a well-earned retirement. The business is open 5½ days per week and generates a turnover in the region of £286,812 per annum, with a gross profit of approximately 41%.

Our clients offer a wide range of mobility aids and equipment including walking sticks, walking frames, bathroom and toilet accessories, bath lifts, padded seats, wheeled walkers, toilet frames and rails, a wide variety of mobile and luxury commode chairs, wheelchairs and scooters. The business are BHTA members and one of only 50 UK companies to be part of the Mobility Scheme to ensure people with disabilities a higher quality of independent living. The property benefits from a 2 bedroom flat to the first floor, which is currently let out, but could be used as owners` accommodation.

The business has an excellent reputation within the area for the high quality of the goods and services available, which has resulted in a very loyal client base with a lot of repeat custom, as well as word of mouth referrals. We feel the turnover could be increased by extending the opening hours and opening all day Saturday. The business already has an excellent website in place to promote the goods and services offered, which we feel would benefit from online ordering facilities. This is an excellent opportunity for a new owner to take this popular and thriving business to the next level; therefore early viewing must come highly recommended.

Tenure

Leasehold

We are advised Leasehold:

Original lease length: 3 years.
Remaining lease length: 3 years.
Rent: £8,500 per annum.

Hours

The business is open:

Monday - Tuesday: 8.30am - 5.00pm
Wednesday: 8.30am - 4.00pm
Thursday - Friday: 8.30am - 5.00pm
Saturday: 9.00am - 12.00pm
Sunday: Closed

Staff

The business is owner run and managed with one staff member.

Financial Profile

The business generates a turnover in the region of £286,812 per annum, with a gross profit of approximately 41%.

Location

Batricar Independent Mobility Ltd is ideally located within the town of Chard, Somerset. The property is situated in a prime trading location within a parade of complimentary shops and businesses and benefits from a vast amount of footfall and passing trade. The area of the property is surrounded by large residential areas from which the business derives much of its trade. Chard lies on the A30 road, near the Devon border and has a population of approximately 14,000 residents.

The property is well served by the public transport system with several bus stops within easy walking distance of the business. The nearest railway station is approximately 8 miles away in Axminster. The area is also well served by the A-roads with the A30 and A-358 both within easy driving distance of the property, which link to the vast A-road and motorway networks. Taunton is approximately 17 miles away and coastal resort of Lyme Regis is 13 miles away.

Premises

Glass fronted retail premises, briefly comprising:

Main sales and display area.
Large window display area.
Spacious interior.
Wide range of mobility aids on display.
Good lighting.
Small office area to rear with 2 x desks, PCs and printer.

Stock room with racking and shelving to suit trade.
Small kitchen area.
WC and wash hand basin.
Small additional room (used to be a WC).
Access to basement.

First floor:

2 x bedrooms.
Lounge.
Bathroom.
Kitchen.

Lower ground floor:

Large storage area for parts, stock and second hand scooters.

External with:

Large open space for private car parking.
Well signed.

The business is fully security alarmed.

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