DIY, Home, Hardware and Discount Store for Sale with Large Yard in South London
Undisclosed, London
- Status
FOR SALE
- Advert ID
647059
- Reference
RAJUON36 / Rightbiz
- Call Agent:
- Leasehold: £110,000 (Stock at valuation)
- Rent: £35,000 (£2,917 per month)
- Turnover: £325,000 (£6,250 per week)
- Profit: Not Applicable
Business Details
DIY, Pound Plus, Discount Store Retail Business with Large Rear Yard for Sale in South London
A rare opportunity to acquire a well-established DIY , Home, Hardware and Pound Plus retail business in a busy residential and commercial area of South London. This store benefits from strong local footfall, a loyal customer base, and excellent visibility from the main parade, making it ideal for owner-operators or investors looking for a profitable discount retail business.
The premises also includes a large rear yard of approximately 2,000 sq ft, suitable for up to four storage containers and parking for vehicles, providing practical space for stock storage, deliveries, and operational flexibility.
Business & Premises Details:
Lease: 25 years
New Lease: Can be granted and is renewable
Rent: £35,000 per annum
Rent Review: Every 4 years
Business Rates: Approximately £15,000 per annum
Service Charge / Insurance: Nil
Trading Information:
Opening Hours: 8:00 AM – 8:00 PM
Premises Licence: 8:00 AM – 11:00 PM
Weekly Sales: £6,000 – £6,500 (advised figures)
Gross Margin: Approximately 50% - 75%
Staffing: 2 Full-Time Staff & 2 Part-Time Staff
Total Staff Wages: Approximately £50,000 per annum
Premises Size:
Ground Floor Shop Area: Approximately 1,400 sq ft
Stock:
Approximate Stock Value: £100,000 (Stock at Valuation)
Area Highlights / Plus Points:
- Strong residential and commercial catchment supporting DIY, home goods, and discount retail
- Potential to increase sales through online delivery platforms or local marketing campaigns
- This is a well-run discount retail business with steady turnover and excellent potential for growth through merchandising, marketing, or expanding product ranges.
Important Notes:
All sales figures are advised figures only.
All clients must carry out their own due diligence prior to purchase.
Viewing Requirements:
Serious enquiries only. Non-Disclosure Agreement (NDA) and proof of funds may be required prior to the disclosure of further financial information.
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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.
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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.
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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.
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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.'.
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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.
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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
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