Profitable Old Established Tool Hire, Hardware, Do-it-yourself Plus Bottled Gas (main Calor Gas Stockists) | | Undisclosed Wiltshire | | Outstanding opportunity to acquire a well established Tool Hire business. The equipment includes garden equipment, rotary hammer drills, woodworking equipment, plumbing equipment, concrete equipment, water pumps, compressors, extended ladders, 5 mini diggers plus 2 small diggers, 3 dumpers etc. Nissan Cab Star Pick up Truck (05 plate), Trailer and Cherry Picker. The business has recently been relocated form the town centre to this small industrial estate. Forecourt area with parking for 4 cars. Modern industrial unit, ground and first floor, total area in the region of 1,000 sq. ft. Ground Floor with concrete floor, shelving and display stands Staff/disabled cloakroom with w.c. and wash hand basin Stairs to first floor, adjustable shelving, display gondolas, counter, electronic cash register The vendor has an additional industrial unit on the estate for storage purposes and an area of approx. 500 sq. ft. will be available at a rental of 500 per month plus rates. | | ADVERT NUMBER : 16730
ADVERT IMPRESSIONS : 45,774 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | DIY Stores | | SALE: | Agent Sale | FREEHOLD: | £350000 | LEASEHOLD: | £150000 | | | | | BUSINESS DETAILS: | Location Situated on a small industrial estate WILTSHIRE LOCALITYOpening Hours Monday - Friday inclusive - 7.30 a.m. - 6 p.m.
Saturday opening - 8 a.m. - 5 p.m.
NO SUNDAY TRADING. In our opinion there is potential for Sunday opening if desired.Turnover WE ARE INFORMED the sales year ending 31st July, 2007 showed 229,312 with a gross profit of 139,434. The breakdown of turnover was as follows:
This profitable business was relocated to the new premises in January, 2006 and in our opinion the business offers tremendous potential for further development, as we understand that approx. 1,000 houses are being built within close proximity and we are further advised that a local employer is recruiting approx. 800 additional staff in the near future.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of 12,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES, FITTINGS, inclusive of stock (we understand the hire equipment value is in the region of 80,000 whilst the hardware, DIY stock is in the region of 20,000) 150,000 inclusive + VAT
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE FREEHOLD INDUSTRIAL UNIT, GOODWILL, FIXTURES & FITTINGS (inclusive of stock) 350,000 + VAT
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANTStaff The business is at present operated by the vendor with the assistance of part time staff as required. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
