Bodmin based country supplies business

Written by Theresa Tyack Wednesday, 27 January 2010 15:35

Offers are now invited off a reduced guide price of £29,750 plus stock at valuation for Terry's Farm & Country Supplies, at Unit 4A. B. & C. Lucknow Road, on the Walker Lines Industrial Estate, Bodmin. The lower figure represents a reduction of 33% on the original figure.

The established business has been trading for approximately 20 years from the key Mid-Cornwall town and has been operated by the vendor for these past 4 years. It trades from a concrete, portal frame building providing over 1900 sq ft of showroom space with car parking facilities. The business markets a wide range of supplies associated with farming activities from cattle feed to milk parlour disinfectant, wellington boots and horse riding accessories.

Terry's Farm Supplies enjoys good local goodwill, trades strongly and recent accounts show annual sales of over £263,000 generating a reconstituted net profit in the region of £38,000. It is thought there is opportunity to increase turnover by the marketing of shooting and fishing equipment together with veterinary products.

The substantial premises are held on a 15 year lease commencing 2005, at a current passing rental of £15,500 per annum subject to regular reviews.

Terry Trevarthen comments, "There are a high percentage of small holdings and horse riding schools in the Mid Cornwall area which should ensure that a good country store like Terry's continues to thrive".

For full details contact Terry Trevarthen on 01872 247004

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