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Advert Details
Hardware Shop Established 23 Years For Sale
(Ref: 7003S)
South Yorkshire, United Kingdom
Financials
Asking price: £22,000
Sales revenue: £66,103
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
We have been instructed to offer this established and popular Aladdin’s cave to the market.
Established over 27 years ago and in the hands of the current vendor since 1992 it is now reluctantly offered for sale due to the vendors retirement plans.
The business currently offers a varied range of products including:
• Hardware
• Pain & decorating materials
• Fancy goods
• Wool and haberdashery
• Household goods
• Animal feeds & fishing bait & accessories
• Garden equipment including compost, fertiliser and plants
• Greeting cards &Toys
• Small electrical items
Seasonal goods including Christmas trees and decorations are also on offer
The business also operates as an agency for dry cleaning.
This is a popular business with a high level of footfall which still offers potential for further growth including extended opening hours and extension of the range of goods and services offered.
The business can be easily run single handedly
Trade will further be increased with the addition of 400 new houses being built in the end of 2011.
Employees: Vendor Only
Trading hours: Mon – Fri: 9.00am – 5.00pm
Sat: 9.00am – 1.00pm
Property: Leasehold
Lease terms
TENURE: Leasehold
Current Lease: 3 years
Review every; 3 years
Lease Remaining: 1 year 10 months
Annual Rent: £5,500
We are advised that the annual business rates are currently: £702
Living accomodation
BUSINESS PREMISES
A glass fronted shop premises with the added security of manual roller shutters and consisting of the following:
Ground Floor
- Entrance into centre of shop from road leading to main shop area
- Counter
- Display shelving/racking to all walls
- Store room to rear
- Staff WC and basin
External
- Paved to road at front of premises
Location
The business is ideally located in a parade of complimentary shops within a densely populated residential area. The business is located within a residential suburb to the north of Sheffield with access to the city centre via a main A road and access to the M1 motorway. The front of the shop has recently been redeveloped with the addition of a new paving area. The business benefits from excellent parking facilities for up to 100 cars, including free on street parking adjacent to the premises.
Financing available
Please let us know if you require finance for the purchase of a business.
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