Retail premises for sale in South Shields, Tyne And Wear NE33

£439,950
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Successfully trading over 15 years
  • Turnover for year end January 2020 of £536,090
  • Modern equipment for embroidery & printing
  • Contemporary and spacious sales area

Property description

Reference - 48270

Description
Bolam Premier Sportswear is located in a very busy industrial estate in South Shields, in the North East of England with a great reputation with the grass roots sports community within the local area and throughout the UK.

The business supplies equipment for all sports including; football, rugby, cricket, basketball, tennis, swimming, martial arts and many more. In addition to supplying all their equipment, they also offer a unique personal service suppling them with a first class team kit as well a tailoring service to suit their individual team with embroidery and vinyl decoration. This element of the business has the potential to also be offered to local schools for their uniforms both primary and secondary.

Bolam Premier Sportswear is a business with great potential, built on a fantastic reputation and all the most modern equipment to expand the embroidery and vinyl printing side.

Sales
Turnover for year end January 2020 of £536,090

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday 09:00 – 17:00
Saturday 09:00 – 13:00
Sunday closed

Staff
Managed by the owners with 5 full time and 1 part time staff.

Building External
Bolam Premier Sportswear are based within a terrace of modern industrial units with a large glass frontage and a large parking area located just outside their door.

Building Internal
As you enter into Bolam Premier Sportswear, the sales floor is very modern, well laid out and brightly lit. The sales counter is to the centre of the sales floor which then leads into the factory side of the business with various embroidery and printing machinery and plenty of storage.

Residential accommodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is held on a 3 year lease which commenced in 2018. The annual rent is £16,000 pa exclusive (correct as advised on 29/01/21). Rent reviews every 3 years.

Summary
Kings Commercial are delighted to bring to market Bolam Premier Sportswear Limited which is a great business opportunity with huge potential to expand, so we do expect a high level of interest and would recommend an early viewing to avoid disappointment.

Arrange Viewing

For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

Contact Kings Business Transfer about this property

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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 Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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