Business Summary

Plymouth fishing tackle retailer

Well-presented throughout

Good trading position

Established business with excellent reputation

Falcon commercial are delighted to offer for sale this busy fishing tackle and bait retailer which has been under the proud ownership of our clients since being established in 2007 and is now reluctantly being offered to the market to allow the vendor to spend more time with his family.

The Tackle Barn located in Plymouth enjoys a healthy turnover which has grown year on year and is currently in the region of £110,000 with gross profits of approximately 30%. Sales are derived from a mix of fishing tackle, baits and outdoor clothing, with its primary focus being the Carp and Coarse fishing market. The business is pleased to be the only authorised Tackle retailer in the area for numerous well-known brands that include: Daiwa, Shimano, Nash, Drennan, ESP, Preston Innovations, Avid Carp, Spro, J Range and Cralusso.

The business has also recently become the sole Plymouth outlet for the local fishing Clubs permits.

We feel this opportunity represents an ideal base on which to build upon possibly by opening on Sundays, expanding the Sea and Game Fishing market offering or running a modest marketing campaign for the company website to increase online sales. Early negotiations are recommended.

Premises Details

Highly visible, single storey corner retail unit which briefly comprises:

Ground Floor

Well fitted sales area with displays of angling equipment to walls and center isles. Upright and chest freezers contain frozen fishing bait.
Store room with shelving to walls
Kitchen area
Toilet

External

Garage

Opening hours

Monday – Wednesday 8.30am – 5.30pm
Thursday 8.30am – 1.45pm
Friday 8.00am – 6.00pm
Saturday 8.00am – 5.30pm
Closed Sunday

Tenure

The business is offered with the benefit of a 12 year lease of which 5 are remaining. The rent payable is £6,000 per year

Business rates

We are advised that the business rates payable are: Nil

Property Details