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9012DN HARDWARE/DIY RETAILER L/H £140,000+SAV

Asking Price: GBP 140000
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Business Location: United Kingdom » Lincolnshire » HUMBERSIDE 
Category: Retail » General Merchandise Stores
Description:
Advent Business Sales are delighted to offer for sale this superb DIY and hardware store, which has been trading successfully for over 20 years.

Our clients have amassed an enviable reputation offering excellent choice of product coupled with sound advice and customer service.

The business has now reluctantly been offered for sale due to the vendors desire to retire,

The large premise offers a huge choice of products and services which include:
• Ironmongery
• Tools
• Gardening supplies
• Electrical supplies and small electrical
• Plumbing supplies
• Key cutting
• Paint and paint mixing service
• Pesticides and repellents
• Tracks and trimmings including fittings
• Wallpaper
• Calor gas

A huge range of over 2000 different lines of product

The first floor area (approximately 1400 sq ft) accommodates storage areas as well as the paint mixing department.

Our clients trading position is virtually unopposed with the nearest DIY store situated in Scunthorpe, some 20 miles away.
REF: 9012DN

STAFF DETAILS
The business is staffed by the vendors, a dynamic husband and wife team, as well as 1 full time and 3 part time employees who cover the 7 day trading pattern.

TRADING HOURS
Mon-Sat: 8.00am – 5.00pm
Sun: 9.30am – 2.30pm
BUSINESS PREMISES
Located on a highly visible corner with over 3000 sq ft of sales and storage space.

Ground Floor
• The retail sales space is well laid out over a split level floor with all the appropriate racking and shelving and display units for all the relevant products to be categorised
• Sales cash desk
• Rear storage area
• Leading and unloading access
• Stairs to first floor

First Floor
• Further shelving and racking to accommodate storage stock
• Paint mixing area
• Office
• W/c
• Staff area
• Kitchen
External
• Covered canopies forecourt to front of premises, which accommodates and displays stock



TENURE: Leasehold
Original lease: TBN
Remaining lease: TBN
Review every: TBN
Rent: TBN

We are advised that the annual business rates are currently: £2,000
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 342581
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: Our clients business is ideally situated on a main high street with a highly visible trading location in a town on the banks of the River Humber, bordering North East Lincolnshire and Humberside.
Year Established: 1988
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 1 FULL TIME & 3 PART TIME
Market competition and expansion:
 The sheer size of the premises would excite any serious buyer with an imaginative mind, who would look to add other goods and services that could be retailed in this virtually unopposed location. The business presents further scope to expand the sales of virtually any DIY hardware product, as the demand for any new or innovative product could easily be accommodated within the premise
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