Hardware, Domestic, Diy, Pet Foods, Garden Tools, Key Cutting For Sale | | Undisclosed Surrey | | Situated end of parade, wealthy residential SURREY | | ADVERT NUMBER : 71918
ADVERT IMPRESSIONS : 19,422 TIME(S) | | | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Tool Hire & Sales | | SALE: | Agent Sale | LEASEHOLD: | £160000 | | | | | BUSINESS DETAILS: | Features : The business has been in the same hands for the past 25 years and there are genuine reasons for sale.
SPACIOUS SALES SHOP total area in the region of 2,500 sq. ft. including storage. Concrete floor, shelving, peg boarding, display stands, counter, 2 electronic cash registers plus additional electric cash register (pet food section), EPOS system (not fully utilized).
Office
Staff cloakroom with w.c. and wash hand basin
Workshop
Location : Situated end of parade, wealthy residential SURREY
Opening Hours : Monday - Saturday inclusive - 8.30 a.m. - 5.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for Sunday opening, if desired.
Turnover : WE ARE INFORMED the turnover averages £9,000 p.w. inclusive of VAT, in our opinion offering further potential to increase in the right hands. Gross profit in excess of 40%. We are further advised that the sales year ending 30th June, 2010 showed £415,519 with a gross profit of £180,910.
Tenure : The vendors own the freehold and subject to satisfactory references are prepared to grant a new 20 years full repairing and insuring lease at a rental of £25,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (Please note the vendors are prepared to grant a shorter lease, if desired).
Uniform Business Rates: £6,528 p.a.
AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 25 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS in the region of £160,000 plus STOCK AT VALUATION (£40,000/£45,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Yard area at rear
Staff : The business is at present operated by a husband and wife team with the assistance of 2 full time and 3 part time staff. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
