Popular Hardware Store In Berkshire For Sale

Business description

We delighted to offer for sale this popular hardware store, which was established by our client in 1995 and which is only now offered to the market due to our client's wish to retire. The business is run at a pace to suit our client and trades 6 days a week, generating a turnover in the region of £50,000 per annum with a gross profit of 60%. Our client offers high quality DIY and hardware products, along with a key cutting service. We feel the turnover could be increased by running the shop at full capacity. There is also potential to advertise the key cutting service, as this has good profitability. The business has an excellent reputation and is renowned for selling quality goods, ensuring a loyal customer base. The premises benefit from having no restrictions on potential uses. There is a well-equipped shop area with numerous shelving and displays. This is an ideal opportunity to acquire an already popular hardware store, with scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 15 years
Remaining: 4 years
Review: every 5 years
Rent: £7,248 per annum

Leasehold rent:

££7,248 per annum

Location:

Wentworth Hardware occupies substantial ground floor mid-parade lock-up premises, ideally located on a busy road in Slough, Berkshire. The premises benefit from ample on-street parking and there are a number of complementary shops and businesses in the area. The shop is surrounded by a large residential area and there are good public transport links close by, with the town centre a short drive away. The business boasts easy access to the A-road network and the M4 is less than 4 miles away. Slough is a large town and is popular with commuters, with its railway links to London, which lies 22 miles away. Maidenhead lies less than 5 miles away and Reading is approximately 19 miles away.

Premises details:

Substantial ground floor mid-parade lock-up retail premises. Briefly comprising:

Ground Floor
• Shop area with shelving to perimeter walls, centre display unit and key cutting machine

External
• Garage to rear

Other information

Trading hours:

Mon - Sat: 9:30am to 5:00pm
Sun: Closed