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(REF: M3518)  Well Established Hardware Plus Household Goods
 
Seller Reference: M3518
B4S Reference: 30311
Asking Price: £35,000
Net Profit: Undisclosed
Sales Revenue: £104,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Surrey, South East England, United Kingdom
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Similar business types:
Hardware Stores For Sale in Surrey
  Business Summary   
  Nationwide are pleased to offer to the market : SPACIOUS DOUBLE FRONTED SALES SHOP recently extended and providing a sales area in the region of 1,000 sq. ft. Suspended ceiling with fluorescent lighting. Well fitted including new adjustable shelving, centre display gondola, counter, electronic cash register.

Small stockroom
Staff w.c. and wash hand basin

WE ARE INFORMED the turnover averages £2,000/£2,200 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.

The vendors owns the freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 5 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £3,420 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Parking space for 1 car
 
  Location: Situated in a parade, excellent main road trading position, 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 - Saturday inclusive - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADING
The business is also closed on all Bank Holidays
  Summary of Staffing   
  The business is at present operated by the vendor with the assistance of a relative on a full time basis.





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