Freehold Hardware Store For Sale
Business for sale
Asking Price:
£640,000
Turnover:
£60,000
Annual profit:
£18,720
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
12
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: n552Property: Freehold Property included
Description
602 Sq/ft retail area - 1,100 sqft store area - 700 sq/ft basement with 2 s.c. Flats over producing £1,100 pcm - tremendous development potential - location - prominently situated fronting a busy major road close to the centre of lewisham serving a densely populated residential area.
Business – The business has been in the present hands for 32 years and is now only being marketed as a result of the Vendors wish to retire. Although being presented as a DIY/Hardware shop, the premises are ideal for a wide range of retail uses (Subject to planning consent.)
Turnover - £60,000 P.A. @ 40% G.P. 5 Day trading
Accommodation
Comprising 2 self contained flats arranged as follows: flat 1: kitchen/diner: bathroom: sep. W.c. Lounge/bedroom: flat 2: kitchen/diner: bathroom: lounge: 2 bedrooms: outside - small yard: service road to rear.