For sale £135,000 - General Retail
Busy local hardware shop in excellent location within a bustling parade of shops. With no branded DIY store within 5 miles it offers a range of household goods, DIY hardware and tools for those small jobs that need to get done and you never have the correct things to hand.
The parade has a Tesco local and a number of cafes restaurants garages and convenience stores and is always busy. With parking at the kerbside in front of the shops or to the rear in a separate car park the parade offers convenient shopping to the surrounding villages driving footfall and conferring a turnover of £3000 per week. With margins ca 65%
The shop offers seasonal items such as fireworks as well as
- Keys and Locks
- Electrical/Plumbing Hardware
- Paints and decorating
- Houseware and cleaning products
- Gardening products and various tools
Currently run by the part time owner and a full time assistant, the store opens 8.30 to 6 6 days. The business has been trading for 10 years.
The premises are a single fronted lock up unit, there is a block of flats above. Shop and storage area is 73 sq M. Rates are £3 k pa and Rent £23K pa available on a long lease. EPC D
The current owners rely on footfall to drive trade, and whilst the business is listed on Yell and Google maps, more could be done to market the business and drive trade.
There would also be the opportunity for an owner to spend more time in the store reducing the cost of staff and increasing profits.
The business is VAT registered, current stock level is ca 25K. The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.