| (REF: M3417) Freehold Detached Hardware, Domestic, DIY |
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| Seller Reference: |
M3417 |
| B4S Reference: |
27597 |
| Asking Price: |
£275,000
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| 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 |
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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.
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Property: |
Freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
Garage used for storage purposes Partly covered rear yard used for storage of bottle gas and timber |
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Location: |
Busy road, densely populated residential area, SURREY |
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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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Monday - Friday inclusive - 8.30 a.m. - 5.30 p.m. Saturday opening - 9 a.m. - 4 p.m. NO SUNDAY TRADING |
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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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