Business for sale

Business description

Advent Business Sales have been instructed
to offer for sale this well established and
very popular business to the market.
Established over 30 years ago and in the
hands of the current vendors since 1983, it is
now reluctantly offered for sale due to the
vendor’s retirement plans.
The business offers a large and varied range
of products including:
• Hardware and DIY
• Electrical supplies
• Gardening
• Greetings
• Stationery
• Toys
• Pet supplies
• Fertilisers and plants
• Seasonal goods are also offered
The business has an excellent local
reputation ensuring strong sales with no
advertising.
The vendors, a husband and wife team, as
well as employing 1 part time employee, staff
the business.
The premises benefits from an attractive
living accommodation which runs above the
shop and the shop next door. It includes 2
double bedrooms and a large loft room right
for conversion into either 2 large rooms or an
en-suite room.
REF: 8974S
TRADING HOURS
Mon-Sat: 9am – 5.30pm
EXPANSION POTENTIAL
There is excellent potential for growth by
increasing the trading hours to accommodate
evening shoppers and also opening on
Sundays.
The rear back garden, which is
approximately 60x30ft has a separate access
and can be used as a mini garden centre
which could bring in additional revenue.
There is also a high demand for pets which
the new owners could look into.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £117,000
Gross Profit: £39,000
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
An attractive and spacious 3 storey end
parade detached premises, decorated and
maintained to a very high standard. The
living accommodation also benefits from
double glazing. The premises briefly consist
of:
Ground Floor
• Frontage with display window and
entrance door leading into main
sales area
• Racked and shelved throughout
• Rear till area
• Access door to rear storage with
further door with access to
basement storage areas and first
floor living accommodation
• Kitchenette
• W/c
• Large basement storage
First Floor
• Landing
• Family lounge
• Fully fitted dining kitchen
• Family bathroom
• 2 x double bedrooms
• loft conversion for 2 additional
bedrooms.
External
• Rear garden
• Garage and large shed
• Driveway to side of premises with
access rights for adjacent premises
• Paved to front which offers further
display areas.
TENURE: Freehold
We are advised that the annual business
rates are currently: £900
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.