| (REF: 1441) DIY Store In Durham |
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| Seller Reference: |
1441 |
| B4S Reference: |
13964 |
| Asking Price: |
£469,950
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£280,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Consett, Durham, United Kingdom |
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Preferred Commercial is delighted to offer for sale this popular DIY store, which was established in 1978 and has been in our clients\' hands since 1984. The business is only now being offered to the market due to their wish to retire. Leadgate DIY boasts a turnover in the region of £280,000 per annum with a gross profit of 32%. The business occupies substantial, meticulously maintained, premises with 2 3-bedroom flats above, which could be used for owners\' accommodation or rented out to provide further income. There is scope to develop the business further as there is the internal configuration to increase the range of goods stocked. There is also the possibility of extending the opening hours and opening earlier to cater for trade customers and to develop trade accounts. We are advised there is no similar businesses in the area and little in the way of advertising, offering a new owner the potential to increase trade by introducing a modest marketing campaign. We feel this represents an ideal opportunity for a new owner to purchase an established and successful business with immense scope for future growth. Early discussions with Preferred Commercial must come highly recommended.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Substantial property with 4 interlinking showrooms ands sales area with 2 3-bedroom self-contained flats above. Briefly comprising:
Ground Floor
? Main entrance to showroom with 7-tier wall shelving, glass fronted drinks chiller, 4-tier central display shelving, hand tool display stands, 2 walls covered with metal peg board racking, 2 x 4-tier plastic display stands, service counter with cash register and card machine, plumbing display racking and general hardware display racking
? Rear workshop with cutting table, racking and delivery access
? White goods showroom with displays of electrical goods including, washing machines, cookers, portable heaters, kettles and irons, 2 x 4-tier display shelving
? Stockroom with 7 x steel racks, stainless steel sink, water heater and cupboards (false wall could be removed to increase sales area)
? WC and wash basin
? Showroom with wall shelving and central display unit for pet supplies, gardening, motoring, vacuum spares, etc.
? Store room used for storing paint
? Showroom with real wood flooring, 3 x central shelving units, wall racking displaying work wear, safety wear, general household items and cooking utensils
? Further store room with concrete floor and wooden racking
Lower Ground Floor
? Cellar used for storage
First Floor
Large 3-bedroom self-contained flat, briefly comprising:
? Large lounge with double windows
? Large dining room
? Bathroom
? Kitchen with a range of fitted wall and base units
? 3 bedrooms
Second self-contained flat, currently let out, briefly comprising:
? Large lounge
? Large kitchen and dining room
? Bathroom
? 3 large bedrooms
External
? Enclosed yard to rear with ample parking, sand and gravel store
? Garage (for private use)
? 2 x connected garage used for storage of wood and plaster
? Rear courtyard
? Wood store
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Location: |
Leadgate DIY is situated on a prominent corner site on a busy arterial road in the centre of the Leadgate area of Consett County Durham. The business is situated opposite the local school, doctors surgery and post office and benefits from a high footfall and much passing traffic. Leadgate lies just to the east of Consett and is easily accessible via the A692, which leads to Durham and the A1(M). |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon - Fri: 9.00am - 5.00pm
Sat: 9.00am - 3.00pm
Sun: Closed
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