Asking price: £45,000

Sales revenue: £80,786

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
LEASEHOLD HARDWARE & HOUSEHOLD RETAIL STORE - WORCESTERSHIRE
Very well presented & appointed double sized retail unit
Situated in the desirable cathedral city of Worcester
Advised turnover £80,786 PA with good profit returns
Ideal lifestyle change opportunity business
Early interest is highly recommended
Scope for further devlopment
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this truly excellent leasehold hardware and household store which has a proud history dating back to 1990. Our clients are only now placing the business onto the market due to their strong desires for retirement. The business which is run and managed by our clients achieves a very respectful advised annual turnover of £80,786 which is derived from selling a wide range of goods. The store really is an Aladdin's cave of goods offering pet foods, DIY tools and materials, household cleaning utensils, office stationary, cards and gifts, children's toys, gardening goods and key cutting. Our clients really have identified their customers' needs and as a result it's the first place to visit for all house ware and DIY needs. The business has always enjoyed excellent levels of repeat trade with many of the customers visiting for many years. The store also sees a healthy amount of new customers from good word of mouth recommendations and from the highly visible trading location set on a main through road. Our clients have also gone to considerable effort on the presentation of the shop which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. We feel that this business offers a new owner an excellent lifestyle change opportunity and we urge early interest in this well established store.

Property: Leasehold

Lease terms
Leasehold - To be negotiated

Living accomodation
Well presented and very secure double sized retail unit offering free front roadside parking, large 7 retail lane display space, fitted serving/payment counter, private kitchenette, office and 2 x storage cupboards and window security. GROUND FLOOR Large double shop facility with 2 x shop front windows, 2 x secure front access doors, small front external display space and large open plan retail area leading to fitted serving/payment counter with rear and side displays, cash register and security system, 7 double sided retail lanes, large variety of fixed and fee standing product displays, specialist displays for pet foods and cards ect, wall fixed shelving and racking, pet foods, DIY tools and materials, household cleaning utensils, office stationary, cards and gifts, children's toys, gardening goods and key cutting. Private rear - Kitchenette with worktop, wash basin and cupboards, toilet with wash basin, 2 x storage cupboards, office seating with 2 desks, chairs and paperwork storage. EXTERNAL Large neighbouring residential area Free front roadside communal parking

Location
This fantastic hardware supplies business is situated in the beautiful and highly desirable cathedral city of Worcester, Worcestershire. The business is situated within a row of commercial style properties with a large amount of neighbouring residential homes. The shop benefits from other retailers and businesses as it brings shoppers and visitors to the area throughout the year. The business also benefits from being situated in a densely populated residential area as it supplies a consistent local customer base within a short travelling distance. The store also benefits from being situated on a main through road and with free communal front parking it's a very easy convenience for all who wish to visit. Worcester is a truly beautiful city and a highly desirable business and residential location. The city is surrounded by glorious landscapes and charming, historic towns and villages with a rich history of culture and architecture. The city and county have a wealth of fascinating, beautiful and exciting places to visit, from the majestic cathedral on the banks of the Severn to Royal Worcester Porcelain's Museum. Worcester also benefits from being situated just off the M5 motorway which makes visiting and commuting very easy.