DIY Hardware Store plus Pet Shop in South Croydon For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, SOUTH CROYDON, Surrey.

Turnover £ 2,100
Price £45,000

Features

Diy, Household & Pets Shop

DOUBLE FRONTED PREMISES in the region of 2,720 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED and fluorescent lighting, sales counter, EPOS till, modern adjustable shelving, Glass Topped chest freezer.

Stock room.

Staff Toilet with w.c. and wash hand basin and shower.

Kitchen.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,100 p.w. with a Gross profit of 50% approx.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9am - 6pm
SUNDAY 10am - 5pm

Outside

Small Yard

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a current rent of £35,000 p.a.

Business Rates from April 2025 £5,800 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2000, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION (£35,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote