Trade and DIY Hardware Store in Lincolnshire

offers invited around £85,000  

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Property Details

Busy local hardware shop in excellent location. With no branded DIY store within several 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.

 With parking at the kerbside in front of the shop or to the side/rear in a separate car park the business offers convenient DIY shopping to the surrounding villages driving footfall and conferring a turnover of £3000 per week, with excellent margins.

The Traditional Hardware Store offers everything from Hardware to Homeware to Haberdashery as well as

  • Keys and Locks
  • Electrical/Plumbing Hardware
  • Paints and decorating
  • Houseware and cleaning products
  • Gardening products and various tools

Currently run by partners, the store opens 8.30 to 5.30pm Tues-Thurs and 8.30pm-3 pm on Friday and Saturdays. The business has been trading for 200 years!! but only in the hands of the current owners for 11……

Strengths of the business

Established in the community for many years, strong and loyal customer base. 

Average footfall 70-110 per days  ..

Reputation for Go to Shop for almost anything!!

The premises has three selling spaces and one small for sewing /knitting. has a yard with vehicle access and two outbuildings, storeroom and a large loft

 Rates are £3 k pa and Rent £23K pa available on a long lease.

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.

Opportunities for growth

Opening more days and more hours

Establishing online sales

Workshop to the rear for timber products (planters, bird tables etc )

Deliveries to the large elderly population.

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 45K. The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the business to include all assets and goodwill on a cash free debt free basis.

We would strongly recommend the earliest possible viewing to avoid disappointment.

A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.

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