Retail premises for sale in Crown Street, Ayr KA8

£345,000
Retail premises for sale
Interested in this property? Call +44 1204 351867 * or Request Details

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Property description

Business


  • Highly Profitable

  • 40 Years Family Ownership

  • Scope for Development

  • Handover Period Available

  • Unique Business Concept

  • Easily relocatable


Please quote reference B05996

Hilton Smythe welcomes to the market an exciting opportunity to acquire a Promotional Merchandise Franchise. An exceptionally well run and performing, “turn key” business with an excellent reputation along with a strong and consistent brand. The business is relocatable to any of the below postcodes within the franchise territory.

The business has only now come to the open market as it’s our clients desire to leave the industry after many successful years of trading to enjoy their retirement.

This family operated business was established back in the early 1980’s & has been under the careful and meticulous ownership of our client for over 19 years when they took over from their parents, and who have grown the business year on year to an impressive level with turnover and profit levels growing steadily.

Recognition Express West Scotland offers a bespoke service for promotional merchandising including corporate clothing, staff name badges, photo id cards, promotional gifts & products, that are offered to a wide and varying client base that extends from, small local businesses, Universities & Colleges, nhs, Local Authorities, Charities, a host of sme’s and larger corporate organisations.

Our client also works with many design agencies and suppliers to provide, bespoke solutions. As well as an ongoing steady order book, the business further benefits from a high percentage of repeat business.

We feel that there is tremendous scope to increase the already impressive turnover and take the business to the next level by undertaking in a robust territorial marketing campaign to generate new contracts along with the possible expansion of the workforce to help accommodate new and repeat business.

The business trades on its reputation for quality and service and has outstanding future possibilities. It would be an ideal acquisition for a husband and wife team similar to the current owners or help accommodate and expand new and existing businesses who are looking to increase their position and presence within the industry or as a bolt on service to sectors such as print houses and design agencies looking to offer a similar type of product range.


  • Recognition Express West Scotland is a franchise operated business, all costings have been taken into account in the company accounts

  • Current owner happy to offer extended handover to ensure a smooth transition

  • Franchise operated business covering the largest population density area in Scotland, covering postcodes, All Glasgow postcodes, ka, dg, ML, PA1-PA19 inclusive & FK5-FK9 inclusive


A tremendous opportunity to own this turn key business, and early enquiries must come highly recommended to avoid disappointment.

Location
The business is located in the popular seaside town of Ayr on the south west coast of Scotland and operates from a purpose-built commercial unit on Crown Street, however the business is easily relocatable to any of the postcodes within the Franchise territory.

It benefits from being surrounded by a plethora of complementary businesses, with ample free parking, easy access for deliveries and close proximity to the major road networks, making for easy commuting to the larger cities within central Scotland and road networks into England.

Ayr town centre itself provides a comprehensive range of amenities including excellent supermarket and retail shopping, transport links and recreational facilities.

Premises
The business is located in a Semi-detached, single storey flat roofed property with gated yard area consisting of 1903 sqft with entrance door onto street and has a rateable value of £3150 with 100% rate relief.

Property has double storm doors onto street which leads to a small vestibule with double doors into the building leading to small hallway.

There is a small office/reception area to the front. Second room off the hallway is a large production room leading to a smaller production/storage room. Third room off the hallway is a large main office/production room which also has a small room to front. At the back of this office is a doorway leading to toilet, kitchen and large storage room which has double doors into yard

An internal inspection is highly recommended to appreciate the potential and ideal business on offer.

Tenure
We are advised that the business is being sold on a Leasehold basis. If the prospective buyers wish to purchase the property then the current owners are open to discussion. We are also advised the business has £0 rates payable.

Hours
The business hours are;

Monday: 09:00- 16:45
Tuesday: 09:00- 16:45
Wednesday: 09:00 -16:45
Thursday: 09:00 - 16:45
Friday: 09:00- 16:30
Saturday: Closed
Sunday: Closed

Staff
We are advised that the business has 3 full time members of staff.

Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £445,000,2020 accounts show an adjusted net profit in the region of £190,000. Full financials can be made available upon further request.

Please quote reference B05996

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For more information about this property, please contact
Hilton Smythe Business Sales, 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 Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales 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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