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Established Hardware Store in Wishaw Town Centre for Sale, Fixtures and Fittings Included

Wishaw, North Lanarkshire
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Established hardware business for sale in Wishaw town centre including fixtures and fittingsEstablished hardware business for sale in Wishaw town centre including fixtures and fittingsEstablished hardware business for sale in Wishaw town centre including fixtures and fittingsEstablished hardware business for sale in Wishaw town centre including fixtures and fittingsEstablished hardware business for sale in Wishaw town centre including fixtures and fittingsEstablished hardware business for sale in Wishaw town centre including fixtures and fittingsEstablished hardware business for sale in Wishaw town centre including fixtures and fittings
  • Status

    FOR SALE

  • Advert ID

    614392

  • Reference

    194-204 Main Street, Wishaw, ML2 7LU / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £60,000 (Stock at valuation)
  • Rent: £36,000 (£3,000 per month)
  • Turnover: £286,000 (£5,500 per week)
  • Profit: On request

Key Features

  • Offers Invited
  • Attractive Business
  • Potential for Alternative Use
  • Established Business

Business Details

Established hardware business for sale in Wishaw town centre including fixtures and fittings

LOCATION

Wishaw is located in North Lanarkshire, approximately 15 miles south east of Glasgow and 2 miles east of Motherwell. The A73 and A71 link the town to the motorway and trunk road networks including the M8 and M74. Motherwell is situated approximately 2 miles to the

west.

 

The property is located on the north side on Main Street close to its junction with Belhaven Terrace, within the Town Centre. Main Street forms an extension to Stewarton Street and is the principal retailing thoroughfare for the town. The property enjoys excellent public transport connections, with regular and bus services passing along Main Street, whilst Wishaw Rail Station takes less than 10 minutes walk to reach. Nearby occupiers include The Terrace Cafe, Royal Bank of Scotland and Subway.

 

DESCRIPTION

The subjects comprise a mid-terrace sandstone building under a pitched and slate covered roof, providing retail accommodation arranged over the ground floor. The first and attic floors are currently being used for storage. 

 

The property is accessed via a recessed entrance way which benefits from two separate double doors which lead into the main sales area. The ceilings in the main sales area incorporate fluorescent strip lighting. The walls are painted and covered in fixtures and fittings to display stock. The floor is of a solid nature and is covered in vinyl tiles. There is a Post Office situated at the back of the property. Next to the Post Office is a door which leads to a stairwell for access to the upper floors and a fire exit which leads to the year at the rear which is enclosed by palisade fencing. The upper floors also benefit from a separate stairwell near the front of the shop.


ACCOMMODATION

The subjects provide the following approximate internal floor area;

Ground Floor - 492.57 sqm (5,302 sq ft)

First Floor - 454.51 sqm (4,892 sq ft)

Second Floor - 53.42 sqm (575 sq ft)

TOTAL - 1000.50 sqm (10,769 sq ft)

 

TRADING INFORMATION

Homestyle is an established business operating as a hardware sales store currently generating c. £5,500 per week in sales/services. The business enjoys regular all year round trade, such is the prime position. The business trades Monday to Saturday 9am to 5:30pm and is closed on Sundays. 
 

The current operator has decided to sell the business, thus creating an exciting self-employment opportunity. The operation prides itself on the personal touch and this would be vital for any new owner to have the same ethos and outlook. The bespoke service the current owners provide is reflective of the success of the business and in turn, the return custom. The sale of Homestyle provides an opportunity to acquire an easily manageable retail business. Accounts will be made available to seriously interested parties post viewing stage. 

 

PRICE

The business is offered for sale as a going concern to include goodwill, fixtures and fittings for offers in the region of £60,000 plus stock at valuation. Proof of sales will be made available to seriously interested parties post viewing stage. 
 

TENURE

The subjects are available by way of a new lease on full repairing and insuring terms, at a rent of £36,000 per annum. Full quoting terms are available upon request.

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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.

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The data showed regarding this advert 'Established hardware business for sale in Wishaw town centre including fixtures and fittings - 194-204 Main Street, Wishaw, ML2 7LU / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.