DIY, Hardware and Discount Store with Accommodation for Sale in Surrey High Street
Undisclosed, Surrey
- Status
FOR SALE
- Advert ID
647064
- Reference
RAJUON38 / Rightbiz
- Call Agent:
- Leasehold: £95,000
- Rent: £38,000 (£3,167 per month)
- Turnover: £250,000 (£4,808 per week)
- Profit: Not Applicable
Business Details
DIY, Hardware, Pound Shop and Discount Store Retail Business with Accommodation for Sale in Surrey
A well-established DIY, Hardware and Discount Store located in a busy high street location within a prosperous and affluent area. The premises is a shop unit of approximately 1,000 sq ft with a 3-bedroom flat included as part of the lease, generating additional income of approximately £23,500 per annum.
The unit also features commercial parking and a commercial waste bin at the rear, providing operational convenience.
Business & Premises Details:
Lease: 10 years (renewable)
Rent: £38,000 plus VAT per annum
Rent Reviews: Every 5 years
Business Rates: Approximately £13,000 per annum (without discount)
Service Charge / Insurance: £1,200 per annum
Rental Above: 3-bedroom flat generating £23,500 per annum
Trading Information:
Opening Hours: 8:00 AM – 6:00 PM, 7 days a week
Weekly Sales: £4,500 (advised figures)
Gross Margin: Approximately 50% – 75%
Staffing:
Staff: 2 Full-Time Staff & 2 Part-Time Staff
Premises Size:
Shop Size: Approximately 1,000 sq ft
Rear Facilities: Commercial parking and commercial waste bin
Stock:
Approximate Stock Value: £80,000 (Stock at Valuation)
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 disclosure of further financial information.
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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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