Hardware Store in Hampshire For Sale

Business description

Bag a Business is pleased to offer to the market this thriving hardware and garden supplies business, which was established by our client in 1995 and has been trading from its present site since 1997. The business has a healthy turnover in the region of £160,000 per year, whilst enjoying a gross profit of over 40%. This income is further enhanced by £475 per month, which is generated from renting out the spacious self contained 2 bedroom owners' flat. Blackfield Hardware has an average of 100 customers per day who come to the store for its excellent selection of hardware, gardening, decorating, pet and kitchen items. It also has an excellent local reputation for its plants, many of which are grown on the premises. We are advised by our client that he would be happy to stay on for a hand over period and is going to live locally so may be available for holiday cover etc. We see this opportunity as an ideal base for a new owner to build upon an urge early viewing of this busy store in a delightful setting.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original lease length: 15 years
Remaining lease length: 3 years
Review every 3 years
Rent: £10,000 per annum

Living accommodation:

Well presented retail unit with large rear yard containing two large poly growing tunnels. Spacious 2 bedroom flat. Briefly comprising : GROUND FLOOR Main retail sales area containing a large selection of hardware items, DIY tools and supplies, kitchen equipment as well as decorating materials and a paint mixer. Second sales area containing mainly gardening, barbecue and other outdoor items Pet supplies sales area Broom display room Office FIRST FLOOR FLAT Lounge Kitchen 2 double bedrooms Bathroom EXTERNAL Front: Plant sales area Customer car park Rear: Large yard Two poly tunnels Third poly tunnel (available by separate negotiation) Peat and timber area Store room containing paraffin storage tank Toilet

Location:

Blackfield Hardware is situated in the village of Blackfield, Hampshire, which contains a good mix of complementary shops and businesses. There is ample customer car parking to the front of the store as well as in the car park opposite. The business draws its trade from people who live in the village as well as from people who travel from nearby villages including Calshot, Fawley, Hardley, Holbury and Langley. These villages form part of what is known as the waterside area, which stretches down the eastern edge of the New Forest, a national park that covers 571 km² (141097 acres). The area is extremely picturesque and popular with walkers, horse riders and cyclists. The area enjoys excellent links due to the nearby M27 which connects to the M3 motorway, which in turn leads to the M25 and London.

Other information

Trading hours:

Mon-Sat: 8.00am - 5.00pm Sun: 9.00am - 4.00pm