Hardware Store & Household Goods Shop in Buckinghamshire For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, BUCKINGHAM

Turnover £ 1,200
Price £29,500

Features

Household Goods, Hardware and Diy Store ~ Tremendous Potential

6 DAYS OPENING

DOUBLE FRONTED PREMISES (LISTED BUILDING) in the region of 1,012 ft² - CCTV (8 cameras), industrial non slip tiled floor, plasterboard ceiling with LED lighting.

Sales counter - EPOS cash register.

Modern adjustable shelving, display stands, gondola bays, basket displays, card stands, racking.

Office.

Kitchen - sink.

Staff toilet and wash hand basin.

Stairs to basement used for storage.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,200 p.w. with a Gross profit of 65% approx. There is tremendous potential to develop further lines including, groceries, vapes and Off Licence, subject to planning permission.

Staff

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

Trading Hours

6 Day week
MONDAY - SATURDAY 10am - 5pm
Limited trading hours solely due to the vendor's other business interests.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in December 2019 with reviews every 5 years (next review December 2024) at a current rent of £15,000 p.a.

Business Rates from April 2023 £2,060 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£20,000 APPROX - could be reduced.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 14,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote