| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 5,822 TIME(S)
BUSINESS REFERENCE : 1526 / RightBiz SPECIALIST KITCHENWARE RETAIL SHOP | | | | | | SPECIALIST KITCHENWARE RETAIL SHOP - HESWALL Prime trading location in the centre of an affluent town Gross turnover £248,034pa with high gross profit of 55% | | | BUSINESS LOCATION: | Heswall Merseyside UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Other | | SELLER: | Agent Sale | LEASEHOLD: | £139950 | | | | | | | | | | | BUSINESS DETAILS: | SPECIALIST KITCHENWARE RETAIL SHOP - HESWALL
Prime trading location in the centre of an affluent town
Gross turnover £248,034pa with high gross profit of 55%
Desirable & beautifully appointed 3 bedroom flat for rental or living accommodation
Well established, well known, highly regarded business
Long established for over 30 years
High levels of repeat trade
Member of the Cookshops & Housewares Association
Superb retail business opportunity
Early viewing is absolutely essential
LEASEHOLD
ASKING PRICE
£139,950 Plus SAV
Ref: 1526
Location
Situated in the heart of Upper Heswall the busy bustling top village & shopping area, the business is ideally placed to serve both local residents & visitors from further a field & indeed enjoys repeat & regular trade from customers throughout the region & beyond. Heswall is located in the North West of England on the West of the Wirral peninsular, between Wales & Liverpool. Bounded to the South by Cheshire, Heswall is part of the Borough of Wirral & is ideally placed for access to North Wales & the cities of Liverpool & Chester, which are only 30 minutes away by car. Heswall has good bus & rail links & its closest major town, Birkenhead, is just 15 minutes away by car. It is one of the UK's most sought after residential areas, there are two parts of Heswall - the busy main top village with its many shops & numerous excellent restaurants & the quieter & quaint lower village, which is a conservation area. Heswall is linked by the M53, M56 & M6 motorway networks which make it very accessible to the rest of the Northwest.
Business History
The business is extremely well established having been run by the current owner for over thirty years, originally bought from the ironmongery firm Robert Kelly & Sons of Liverpool. At the outset, it was decided that in order to compete with the major retailers, only specialist top of the range gourmet kitchenware would be supplied to the businesses customers, to date, this ethos has remained, and the business has secured an envious reputation for trade in this area.
The business enjoys a phenomenal amount of repeat custom, supplying many of its original customers & their families. The shop sells specialist ranges of top line cookware, ceramics, gadgets, quality knives & a plethora of kitchenware and in recent years has introduced a quality trade in cake decoration supplies including boards, tops & sugar paste. Starting with an annual turnover in its first year of business of around £28,000, the business is now achieving a turnover close to £250,000 & is ideally placed for continued successful growth In the UK's revived food culture with more & more people learning how to enjoy cooking, based on the many & various cookery & restaurant programmes now on television. The current owner, who is now looking to retire, knows only to well the power of Internet based selling for specialist quality cookware items & the business & its new owners could look forward to increasing income streams through this selling media.
There is also the potential of selling directly to the catering industry with the unique products the business has to offer. The current owner is also willing to help the new owners with an invaluable mentoring service with regard to suppliers, discounts available & best selling & most profitable lines. Along with the beautifully appointed 3 bedroom living accommodation, which could make a suitable home or indeed, guaranteed income through rental, this really is an opportunity not to be missed, making early viewing absolutely essential.
Financial Profile
Turnover £248,034, Gross profit 55%, Stock £60,000
Opening Hours
Monday - Saturday 9.00am - 5.30pm
Sunday - Closed
Accommodation
Beautifully appointed shop front, located on Telegraph Road in the busy shopping area of Upper Heswall with large display windows & entrance leading to:
GROUND FLOOR
Open plan purpose built shopping area with specialised displays & shelving throughout the shop for specialised gourmet cook & kitchenware including:
Pans
Glassware
Knives
Specialized gadgets
Containers
Weighing scales
Cutlery
Glasses and numerous kitchenware
Office / Stock room
FIRST FLOOR
Separate & beautifully appointed flat / living accommodation comprising of:
3 beautifully appointed double bedrooms
New modern fully fitted kitchen
New fully fitted bathroom
Beautifully appointed lounge
All rooms benefit from double glazing & full central heating throughout
Price
Leasehold £139,950 plus SAV
Enquire
t: 0845 222 0508 f: 0845 222 0509
e: info@meridianbusinesssales.co.uk | | | | | CONTACT: | MERIDIAN BUSINESS SALES | | TELEPHONE: | 0845 222 0508 | | REFERENCE: | 1526 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
