Household Hardware And DIY Shop For Sale

Business description

Advent Business Sales are pleased to have been instructed to offer to the market this popular and well located kitchen ware, hardware and DIY shop in Bletchley, Milton Keynes.

The shop has been here for about 10 years and therefore has a very well established and profitable customer base.

Our vendor is reluctantly selling as she now wishes to spend more time with her young family.

The shop, which is run successfully as a one person operation, is easily run and managed and benefits from having very low overheads.

The shop has a very wide selection of goods and is often described as an ‘Aladdin’s Cave’ with very little if any space within it not taken up with stock.

Although the business focus is predominately hardware such as hammers, screw drivers, saws, nails etc it is also well known locally for its range of gifts and kitchen ware. It also stocks a small quantity of toys, stationery, greetings cards and gift wrapping paper.

The business has very recently installed Payzone and is now able to offer mobile phone ‘top up’s’.

ref:8498MK

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 5 years
Remaining lease: 3½ years
Review every: 5 years
Rent: £5,000 per annum

We are advised that the annual business rates are currently: £760

Living accommodation:

BUSINESS PREMISES A central door with a display window either side, leading into the main sales area which has carpet throughout. Pin Racking is fitted to the external walls with goods hung on display. A good sized central gantry with stock on both sides. To the rear is an office, wc and a large storeroom.

Location:

The business is located in Bletchley near Milton Keynes and is situated in the centre of a small parade of complimentary shops, who all help to attract customers to each other. There is ample free on street parking immediately outside the shop and in the surrounding area.

Bletchley itself is accessible by the A5 which is a feeder road for the nearby M1 motorway and links to the nearby towns of Bedford, Aylesbury, Leighton Buzzard and Dunstable.

Other information

Expansion potential:

It is the policy of the area in which the shop is located that no two shops should compete with the same products. With this in mind the business could expand the Payzone facility to offer bus passes and to pay council rents.

A key cutting service would most definately prove beneficial along with a dry cleaning service.

Trading hours:

Mon – Sat: 9am – 5.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

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