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8780LU BEDFORDSHIRE L\H£59,500 HARDWARE/CARDS & GIFTS/TOYS

Asking Price: GBP 59500
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Business Location: United Kingdom » Bedfordshire » BEDFORDSHIRE 
Category: Retail » Miscellaneous Retail
Description:
THE BUSINESS
Advent Business Sales have been instructed
to offer for sale this delightful hardware
store which was established some 31 years
ago with the current vendor in ownership for
the last 12 months.
The owner has now decided to sell which has
created the opportunity to purchase a going
concern with a long history and superb
priceless local reputation.
The store retails a vast range of goods
including:
 Cigarettes
 Hardware
 Stationery and cards
 Confectionery and sweets
 Toys
 House wares
 Haberdashery
 Paints
 Tools
 Plumbing goods
 Gardening tools
 Mats & brushes
 Electrical components
 Light bulbs
 Fireworks
 Timber
 LPG gas- official distributors
 Plants
 Car Accessories
 Power tools
 Bicycle, spares & repairs
Stock at cost is in the region of £40,000.
The dry cleaning service provides approx
£500 per month.
The business has a full Epos system which
monitors the sale of goods.
The sheer size of the premises would excite
any serious buyer with an imaginative mind
as to other goods and services that could be
retailed in this quality affluent village of
approximately 2,000 wealthy households.
Harlington village has a further 1,000 homes
with thousands more planned to be built in
the coming years.
EXPANSION POTENTIAL
The business presents scope to expand the
sales on security products, garden furniture
and provide key cutting services.
TRADING HOURS
Mon – Fri: 9.00am – 5.30pm
Wed: 9.00am – 1.00pm
Sat: 9.00am – 5.00pm
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Weekly sales: £2,900
Gross Profit: 49%
Accounts will be made available to
interested parties after a viewing has taken
place. Please let us know if you require
finance for the purchase of a business.
BUSINESS PREMISES
Located in a smart parade, this lock up unit
is approximately 1700 sq ft and has a 300 sq
ft office premises to the rear. There is a
driveway to the side and a gas bottle store.
The retail sales space is well laid out over a
split level floor with all the appropriate
racking shelving and display units for all the
relevant products that are being sold.
TENURE: Leasehold
Original lease: 15 years
Remaining lease: 14 years
(renewable)
Review every: 5 years
Rent: £12,500
We are advised that the annual business
rates are currently: £4,925
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 2007
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon – Fri: 9.00am – 5.30pm
Reasons for selling:
 The owner has now decided to sell which has created the opportunity to purchase a going concern with a long history and superb priceless local reputation.
Market competition and expansion:
 The business presents scope to expand the sales on security products, garden furniture and provide key cutting services.
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