Prime Located Home, Hardware & DIY Store in Ivybridge Devon Up for Sale
Ivybridge, Devon
- Status
FOR SALE
- Date Submitted:
10/01/24
- Advert ID
604835
- Reference
HA35898N / Rightbiz
- Call Agent:
- Leasehold: £49,500
- Turnover: £433,145 (£8,330 Per week)
- Net Profit: Not Applicable
Business Details
HOME, HARDWARE & DIY STORE
Established well known HOME, HARDWARE, DIY & GARDEN STORE plus SCHOOL UNIFORM supplier. Occupying prime IVYBRIDGE town centre trading position, fronting the main shopping thoroughfare, benefiting from restricted stay car parking immediately in front, close main shopper's car parks, other popular businesses, and residential areas/new developments.
Deceptive premises extending to the rear a considerable length and over 2 floors, in excess of 5,000 square feet, enjoying a favourable rent of just over £300 per week. Provides main ground floor retail area with separate delivery entrance, numerous other sections to include tools, paint, DIY, and timber areas. Additional first floor retail/school uniform area, masses of storage, offices, staffroom and cloakroom.
Under current ownership some 17 years, offering an extensive number of stock lines, everything for the home, and DIY enthusiast, stocking top brand names, and school uniform which proves lucrative. Retail Sales 2024 £433,145 ex Vat, Gross Profit £201,004 equating to 46%, enjoys a strong local following ensuring sound all year-round regular trade. Forecast Sales approximately £444,006 ex Vat in respect of the current financial year.
Leasehold £49,500 sav, Ref: HA35898N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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