Asking price: £65,947

Sales revenue: £156,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: £30,000

Business description
Leasehold hardware/DIY/key cutting – near Harrow, Middx.
LOCATION: In an excellent town centre position close to multiples, station, etc.

DESCRIPTION: Mid-parade premises has approx 19’-0” wide gross frontage and there is a display of goods on a 5’-9” deep private forecourt outside. Internally, the 1,550 sq ft ground floor shop comprises a spacious, well fitted 1,380 sq ft front sales section, with mid-position kitchenette and toilet, plus an office and Calor gas store at the rear.

EQUIPMENT: The premises is fully fitted and equipped for present use including mortice, cylinder, laser and TB key cutting machines, etc.

BUSINESS: This spacious, well fitted shop has no competition nearby and is taking £3,000 per week with a gross profit margin of 50%. Lots of scope to increase takings by staying open longer hours.

HOURS: Mon-Sat 8.30 am to 6.00 pm.

ACCOMM: There is no residential accommodation.

TENURE: The premises is available with a brand new 25 years lease, rent £18,000 per annum and reviews every 5 years .

RATES: Business rates payable are approx £4,400 per annum.

PRICE: £65,950 + SAV Leasehold

STOCK: (Stock is approx £30,000 but this can be reduced to suit purchaser’s requirement).

Years established: 1986

Employees: 2 family members + 2 part time staff

Trading hours: Mon-Sat 8.30 am to 6.00 pm.

Property: Leasehold

Lease terms
TENURE: The premises is available with a brand new 25 years lease, rent £18,000 per annum with reviews every 5 years.

Location
In an excellent town centre position close to multiples, station, etc.

Competition / Market
Has no competition nearby

Support & training
Full handover support and training included in asking price.

Reasons for selling
Retirement

Related documents

		Compulsory Registration Form to Return Please

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