Old Established Hardware, Domestic | | Undisclosed Kent | | Lay-by in front of parade providing customer's car parking Spacious sales area comprising 1 double fronted plus 1 single fronted shop comprising 1 sales area, shelving, counter, electronic cash register, display stands etc. Staff cloakroom with w.c. and wash hand basin | | ADVERT NUMBER : 26227
ADVERT IMPRESSIONS : 53,267 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | DIY Stores | | SALE: | Agent Sale | LEASEHOLD: | £35000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent main road trading position, KENTOpening Hours Monday - Saturday - 9 a.m. - 5.30 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 35% approx.Tenure We understand the premises are held on a secure renewable lease, the present lease having approximately 2 years unexpired at a rental of £16,000 p.a. exclusive of rates, fixed for the remainder of the term.
Uniform Business Rates: £3,000 p.a. approx. + water rates (metered)
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 7 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of 2 FLATS over:
Flat No. 1 utilized by the present owner comprises:
1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge with kitchen area
In addition there is a Self Contained Flat with own front door is at present let on a shorthold tenancy and provides a rental income of £550 per month (including gas), however, we understand that vacant possession can be given on completion, if required. This flat comprises:
2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
KitchenOutside Rear parking space for 3 cars.
Bottled gas store plus 1 large shed used for storage purposesStaff The business is at present operated by the vendor with the assistance of 1 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
