Profitable Old Established Hardware, Domestic, Diy, Paints, Gardening | | Undisclosed West Sussex | | Forecourt used for display purposes to - SPACIOUS DOUBLE FRONTED SALES SHOP approx. 750 sq. ft. sales area, suspended ceiling with concealed lighting, carpet tiled floor. The equipment includes shelving, display stands, counter, computer system with 3 tills etc. Stockroom Staff cloakroom with w.c. and wash hand basin To the rear of the premises is a large secure yard used for storage purposes | | ADVERT NUMBER : 16848
ADVERT IMPRESSIONS : 19,558 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Tool Hire & Sales | | SALE: | Agent Sale | LEASEHOLD: | £95000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent main road trading position, WEST SUSSEXOpening Hours Monday - Saturday inclusive - 8.30 a.m. - 5.30 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the turnover averages 4,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 49% approx. We are further advised that the sales year ending 31st March, 2007 showed 221,887 with a gross profit of 110,810 i.e. 49.9%.Tenure We understand the premises are held on a secure renewable lease, the present lease expiring on the 1st April, 2014 at a rental of 18,200 p.a. exclusive of rates up to April, 2011, with rent to be agreed thereafter.
Uniform Business Rates: 5,181 p.a. + water rates
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 14 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATEDPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 95,000 plus STOCK AT VALUATION (30,000/35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTStaff The business is at present operated by the vendor on a part time basis with the assistance of 2 full time plus 1 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
