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Advert Details
Kington Freehold Hardware Store With Accommodation Price Reduced For Sale
(Ref: 1234)
Kington, Herefordshire, United Kingdom
Financials
Asking price: £150,000
Sales revenue: £33,000
Net profit: 0 - £100k
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Agents are delighted to place onto the market this freehold hardware store and accommodation which has been established for 32 years. The business has been in the careful ownership of our client for 8 years and he now wishes to sell due to other business interests. .
This very good business opportunity provides a selection of hardware products as well as kitchen, garden and home sundry products. .
The concern is owner operated and has been kept simple by our client. He also provides a key cutting service as well as other smaller periphery services.
The 2 flats together yield an income of £675 per month and are ideal to continue as rental income or can be used by the new owner for personal accommodation.
The particular highlights of the business are:
- Long established
- Ideally located
- Good living accommodation/rental income
In terms of potential, there are options with the property. In particular the business is operated from 2 commercial premises and this could easily be divided to provide a further income from the commercial premises.
The owner would be available for a business familiarisation period if required
Trading hours: Mon, Tues, Thurs & Fri: 9.00am – 5.00pm Wed: 9.00am – 1.00pm Sat: 9.00am – 2.00pm
Property: Freehold
Living accomodation
Property Details
The property consists of 2 commercial units:
Shop unit 1.
Double glass fronted unit with entrance to main retail area and customer service desk. Approximate size of unit is 26ft x 16.6ft.
Shop unit 2
Double glass fronted unit with entrance to main retail area and customer service desk. Approximate size of unit is 23ft x 15 ft.
Both units also contain a large stock room, office, cellar and toilet.
First Floor
Flat 1
Entrance lobby, kitchen, lounge, shower room and 2 bedrooms.
Flat 2
Entrance hall, kitchen, lounge, bathroom, and 3 bedrooms
External
Both flats have separate entrances.
Location
This business opportunity is located in the town centre of Kington. It is the main hub of the commercial activity in the town and the premises has one of the most prominent locations in the town. This is a true lifestyle opportunity being in the heart of Herefordshire.
There is a car park close by and there are some 2,200 adults on the electoral register and the area contains many affluent clientele. Hereford lies some 15 miles away and Leominster is only 14 miles away.
