Advert Ref: 8780LU

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Asking price: £69,500
Sales revenue: £150,000
Business description: 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. ref:8780LU
Trading hours: Mon – Fri: 9.00am – 5.30pm, Wed: 9.00am – 1.00pm, Sat: 9.00am – 5.00pm
Property : Leasehold
Lease terms: 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
Living accomodation: 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.
Location: Our client is located in a parade of shops in the affluent village of Toddington located at junction 12 off the M1 motorway. The parade has ample customer car parking space to the front and draws the public from many wealthy villages within the surrounding areas.
Expansion potential: The business presents scope to expand the sales on security products, garden furniture and provide key cutting services.
Financing available? Please let us know if you require finance for the purchase of a business.
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