Well Established Hardware/domestic Plus Household Goods | | Undisclosed Middlesex | | Situated in a parade, excellent main road trading position, residential and commercial area, MIDDLESEX | | ADVERT NUMBER : 65075
ADVERT IMPRESSIONS : 6,455 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Tool Hire & Sales | | SALE: | Agent Sale | LEASEHOLD: | £47500 | | | | | BUSINESS DETAILS: | Features : We understand this Hardware Business was established approximately 100 years ago and indeed has been in the same hands for the past 27 years, now solely offered for sale due to the vendors retirement.
Electric shutters to SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,400 sq. ft. sales area. Counter, electric cash register, display gondolas, shelving, 4 key cutting machines, display stands etc.
Bottle Gas Store
Office
Staff cloakroom with w.c. and wash hand basin
Small kitchenette
Location : Situated in a parade, excellent main road trading position, residential and commercial area, MIDDLESEX
Opening Hours : Monday - Saturday inclusive - 8.30 a.m. - 6 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection there is scope for Sunday opening, if desired.
Turnover : WE ARE INFORMED the turnover averages £3,000 p.w. in our opinion offering tremendous potential for further increase especially with additional building materials plus plumbing introduced. Gross profit 35/40% approx.
Tenure : The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £16,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: £4,500 p.a. approx.
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 27 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £47,500 plus STOCK AT VALUATION (£30,000 approx. could be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : At present operated by a lady vendor with the assistance of her son on a part time basis plus 2 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
