Leasehold hardware store with key cutting and plant sales for sale in Folkestone Kent
Folkestone, Kent
- Status
FOR SALE
- Advert ID
636707
- Reference
N995 / Rightbiz
- Call Agent:
- Leasehold: £39,950
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
LEASEHOLD HARDWARE DIY KEYCUTTING STORE
LOCATION
Ideally located on the outskirts of Folkestone being surrounded by a large local population, the business is situated on a large parade fronting a main approach road to the town centre and benefits free parking immediately outside.
BUSINESS
This well established hardware store has been in the current vendors hands for the past 28 years and is now for sale due to his semi retirement and his other business interests. Along with the normal hardware stock the business has a strong key cutting trade and also sells bedding plants in the Spring and Summer months on the front forecourt. The business has a good sized semi covered rear yard which is currently used for storage but could be utilized for the sale of more plants and/or garden goods. There is also scope to extend the opening hours which would we feel help increase trade.
TURNOVER
The business has many years trading accounts available with the year ending March 2025 showing sales of £147,683 and a net profit of £43,357.
STAFF
Husband and wife.
HOURS
9am - 5pm Mon to Fri 9am - 2pm Sat
PREMISES
Double fronted shop with wide forecourt to front. Single entrance to Retail Area. Approx 700 sq/ft. Fully fitted with display shelving and racking, central display gondolas', counter with electric cash register, key cutting machines - Rear Office with CCTV monitors. Door to rear yard. Sep. Kitchenette with st/stl sink, water heater. Staff WC with hand wash basin.
Rear Yard: Approx 750 sq/ft with clear plastic corrugated roofing. Store shed and racking.
TENURE
New lease to be granted to the ingoing tenant. Length negotiable. Rent £13,500 per annum. (3 year reviews)
EPC RATING
Band B
BUSINESS RATES
None payable.
Contact Agent
Map
What's Nearby
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
Contact seller
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
Get Solicitor
