Well Established Hardware Store in Buckinghamshire For Sale

Situated in a parade, sought after residential area BUCKINGHAMSHIRE LOCALITY

Turnover £ 2,500
Price £60,000 / £550,000

Features

Well Established Hardware, Domestic, Paints, Diy, Electrical Goods

Service road in front of parade providing free parking

SPACIOUS SALES SHOP with tiled floor, suspended ceiling with concealed lighting, counter, touchscreen till with EPOS scanning system (on rental system), modern shelving, centre display gondola, 2 key cutting machines etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the gross profit is in the region of 55%.

Staff

The business is at present operated by the vendor with the assistance of his wife on a part time basis plus 1 part time staff.

Trading Hours

Monday - Saturday inclusive - 8.30 a.m. - 5.30 p.m.
Sunday opening - 10 a.m. - 2 p.m.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease with 3 yearly reviews at a rent of £30,000 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY INCLUDING FIXTURES, FITTINGS, £550,000 plus STOCK AT VALUATION (£35,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 30,000 (lease) £ 385,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote