Retail premises for sale in 21 Water Street, Todmorden OL14

£199,999
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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and respected electrical retail business in Todmorden, West Yorkshire.

The business was established by our client in approximately 1984 and is only now being offered to the market due to our client’s desire for a well-deserved retirement. The business operates 5 days per week and generates a turnover in the region of £63,000 per annum, with a gross profit of approximately 21%.

Our client specialises in the sale and repair of televisions, holding direct accounts with Panasonic, Linear and Humax, as well as offering a good range of high quality radios with accounts with Pure Radio and Roberts. Other electrical goods are also offered for sale including lighting, kettles, toasters, vacuum cleaners and telephones, to name a few. In addition, our client also offers the installation of TV aerials, satellite dishes and cabling.

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.

The property offers a spacious sales and display area to the ground floor and is well fitted to suit the trade. To the first and second floors are private living accommodation, with its own separate entrance, which could be used as owners’ accommodation or let out to generate further income. The property has recently been, re-roofed and rewired.

We feel there is scope to increase the turnover by extending the opening hours and by embarking on a modest marketing campaign to highlight the goods and services offered. There is already a website in place to promote the business at .

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

Location
Videotel occupies substantial three storey premises, ideally located within the centre of the busy Pennine town of Todmorden, West Yorkshire. The property is located within a parade of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from good car parking facilities within the area.

Todmorden is a popular market town in the Upper Calder Valley in Calderdale. According to the 2001 census, the town had a residential population of 14,941. Todmorden has several attractions, the foremost being a large town hall that dominates the centre of the town, as well as a museum, a library, a tourist centre and many independent retailers and cafes.

The area of the property is well-served by the public transport system, with several bus stops within easy walking distance. Todmorden railway station is just a two minute walk away. The area is also well-served by the a-roads, with both the A6033 and A646 within close proximity, which link to the national a-road and motorway networks. Halifax is approximately 12½ miles away and Manchester is 22 miles away.

Premises
Videotel occupies substantial three storey premises, ideally located within the centre of the busy Pennine town of Todmorden, West Yorkshire. The property is located within a parade of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from good car parking facilities within the area.

Todmorden is a popular market town in the Upper Calder Valley in Calderdale. According to the 2001 census, the town had a residential population of 14,941. Todmorden has several attractions, the foremost being a large town hall that dominates the centre of the town, as well as a museum, a library, a tourist centre and many independent retailers and cafes.

The area of the property is well-served by the public transport system, with several bus stops within easy walking distance. Todmorden railway station is just a two minute walk away. The area is also well-served by the a-roads, with both the A6033 and A646 within close proximity, which link to the national a-road and motorway networks. Halifax is approximately 12½ miles away and Manchester is 22 miles away.

Tenure
We are advised Freehold

Hours
The business is open:

Monday: 9.00am – 5.00pm
Tuesday: Closed
Wednesday – Saturday: 9.00am – 5.00pm
Sunday: Closed

Staff
The business is owner run and managed.

Financial Profile
The business generates a turnover in the region of £63,000 per annum, with a gross profit of approximately 21%.

Nearby transport

  • Todmorden (0.1 miles)
  • Walsden (1.2 miles)
  • Hebden Bridge (4.0 miles)
  • Leeds Bradford International Airport (20.8 miles)
  • Manchester International Airport (25.9 miles)
  • Blackpool International Airport (38.3 miles)
  • Knott End-On-Sea Ferry Landing (39.6 miles)
  • Heysham Ferry Terminal (40.0 miles)
  • Fleetwood for Knott End Ferry Landing (40.0 miles)

Nearby schools

View all schools in Calderdale
  • Todmorden CofE J, I & N School (0.3 miles)
  • St Joseph's RC Primary School, Todmorden (0.3 miles)
  • Shade Primary School (0.6 miles)
  • Rochdale Sixth Form College (7.2 miles)
  • The Maltings College (8.2 miles)
  • Thomas Whitham Sixth Form (8.6 miles)
  • Todmorden High School (0.8 miles)
  • Wardle Academy (5.1 miles)
  • Whitworth Community High School (5.1 miles)
Note: Distance is shown as a straight line measurement

Local info for Calderdale

About the neighbours in OL14

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

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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 PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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