Summary - 194 High Street,ALDEBURGH,IP15 5AJ IP15 5AJ
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime High Street location in Aldeburgh, Suffolk
- Established since 1989 with strong local reputation
- Annual turnover of approx. £344k and adjusted net profit around £30k
- Turnkey opportunity with no immediate renovation needs
- Limitless growth potential through ecommerce and product diversification
- High-quality premises with large retail space and excellent visibility
**Potential Concerns:**
- Limited current marketing strategies, primarily reliant on foot traffic
- Leasehold property with an annual rent of £25,000
- No existing online presence or social media following
In the heart of Aldeburgh's bustling High Street, this high-street retail property presents a unique opportunity to own MCT Electrical, a well-regarded electrical sales and repair store established for over 35 years. Generating an impressive turnover of approximately £344k, this business enjoys a loyal repeat customer base bolstered by a strong reputation for quality services and products. The spacious retail area offers excellent visibility and foot traffic, making it a prime location for ongoing success.
This property not only serves as a cherished local establishment but also holds substantial growth potential. With opportunities to expand product offerings, implement a robust online presence, and explore additional locations, the possibilities for increased profit are abundant. While the business currently operates with minimal marketing, an incoming operator could easily tap into local promotions and social media outreach to elevate the brand's reach further.
Seize this chance to invest in a thriving business in a low-crime, affluent area marked by a rich community atmosphere and an established clientele. Viewing is highly recommended to appreciate the full potential of this turnkey opportunity before it’s gone!
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