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(REF: M3417)  Freehold Detached Hardware, Domestic, DIY
 
Seller Reference: M3417
B4S Reference: 27597
Asking Price: £275,000
Net Profit: Undisclosed
Sales Revenue: £182,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Surrey, South East England, United Kingdom
Request Information0844 822 6279
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Similar business types:
Hardware Stores For Sale in Surrey
  Business Summary   
  Nationwide are pleased to offer to the market : Forecourt used for display purposes to -

DOUBLE FRONTED SALES SHOP approx. 10 metres wide x 14 metres depth with tiled floor, fluorescent lighting. Well equipped including adjustable shelving, 2 display gondolas, electronic cash register, electronic scales, 3 key cutting machines, paint mixing machine etc.

Office
Kitchen area
Staff w.c.

WE ARE INFORMED the turnover averages £3,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 45% approx. We are further advised that the sales year ending 31st December, 2010 showed in the region of £160,000 net of VAT.

Uniform Business Rates: £2,500 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURS & FITTINGS £275,000 plus STOCK AT VALUATION (£50,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS TO BE BY WAY OF SHARE TRANSFER.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Garage used for storage purposes
Partly covered rear yard used for storage of bottle gas and timber
 
  Location: Busy road, densely populated residential area, SURREY
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 9 a.m. - 4 p.m.
NO SUNDAY TRADING
  Summary of Staffing   
  The business is at present mainly staff operated with the vendor only attending the business approximately 1½ days per week. Staff employed 3 part time staff. It will be appreciated upon inspectiion that with an active husband and wife team, the wage bill could be reduced.





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