Leasehold Hardware Convenience Store For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this highly regarded hardware and convenience store. The business was established in 2005 and has been in its present location for the past 12 months. Only now is the business being placed on the market due to our client's other business commitments. During our client's ownership the business has built up an excellent reputation and a vast local and surrounding town clientele. The business stocks branded and non-branded goods ranging from food stuffs through to electrical goods, tools, furniture, toiletries and household goods. The shop is open 7 days a week and benefits extremely well from the high volume of footfall created from the town's shopping centre and precinct. Our client has also developed excellent relations with local garages and businesses supplying tools and other stock for resale. The premises itself covers approximately 3,800 sq ft and is utilised incredibly well to take full advantage of the huge and varied stock range. To the side and rear there is access to bespoke stock and storerooms offering racking and shelving, along with ample floor space. There is a kitchen and staff room with WCs. The store is fully alarmed and a CCTV system is in place, which is monitored from the spacious office. Currently the business has projected figures of a turnover in the region of £300,000.00 per annum, which, with the introduction of even more new and exciting products this business will continue moving from strength to strength.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 20 years.
Remaining length: 2 years.
Review every: 5 years.
Rent: £25,000 per annum

Living accommodation:

Property Details Ground Floor • Large double fronted premises • Customer service area • Huge shop floor • Very bright and spacious • Ample storage, shelving and racking systems throughout • Office • WC • Kitchenette • Large storage rooms to rear and side • Access to rear for deliveries and parking

Location:

This business is situated in the heart of Bedford town centre and it is opposite the very busy bus and coach station, which is used by locals and commuters to and from the town throughout the week. Being located within Bedford's shopping precinct offers a constant stream of customers. Bedford itself is located just off the A6, which links Luton to Northampton. The M1 and A1 are within easy each as well as the mainline railway station, which runs directly into London.

Other information

Trading hours:

Mon - Sat: 09.00am - 05.30pm Sun: 10.00am - 04.00pm