Well Established Hardware Shop Essex For Sale

Business description

WELL ESTABLISHED HARDWARE SHOP ESSEX We are favoured by the vendor in the sale of this well established hardware store, set in the main square of this historic Town. There has been a Hardware store at this premises close to thirty years. The current vendor has introduced pet foods and garden produce as well as expanding the existing range. The store is a FLO Gas supplier along with the extensive range of household cleaning and kitchenware products. Key Cutting and Electrical goods is also a main feature. The store benefits from a weekly market held directly outside in the main square, increased footfall and trade from a new supermarket development. TENURE: Leasehold Stock: To be purchased separately at cost: Approximately £11,000 Turnover: This shows a turnover of circa £110,000 on accounts.

Property information

Lease terms:

Tenure: The premises are currently let on a fully repairing and insuring lease at a rent of £7920 per annum exclusive. Rates payable are £1650 per annum. The lease has 2 years remaining and is fully renewable.

Location:

Property: Single entrance door with an outside display area. The Trade Counter is at the front of shop with Till and Key Cutting machine. There is racking to both aspects and a central aisle displaying hardware, electrical supplies, pet food, garden products, household cleaning and kitchenware. There is a single doorway to the back storage area, staff toilet and access to the rear of the building. Rear door has an electric security shutter, this leads to parking facility for two vehicles and a metal cage storage container. Further storage is available within a loft area which is accessed within the main shop. The shop has a security camera and portable air cooler units.

Other information

Reasons for selling:

This is a genuine sale as the vendors are looking to retire.

Trading hours:

8.30 AM to 5.00 PM Monday to Saturday.