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Retail

Hardware Stores

THE BUSINESS Advent Business Sales have been instructed to offer for sale this delightful hardware store which was established some 31 years ago with the current vendor in ownership for the last 12 months. The owner has now decided to sell which has created the opportunity to purchase a going concern with a long history and superb priceless local reputation. The store retails a vast range of goods including: Cigarettes Hardware Stationery and cards Confectionery and sweets Toys House wares Haberdashery Paints Tools Plumbing goods Gardening tools Mats & brushes Electrical components Light bulbs Fireworks Timber LPG gas- official distributors Plants Car Accessories Power tools Bicycle, spares & repairs Stock at cost is in the region of 40,000. The dry cleaning service provides approx 500 per month. The business has a full Epos system which monitors the sale of goods. The sheer size of the premises would excite any serious buyer with an imaginative mind as to other goods and services that could be retailed in this quality affluent village of approximately 2,000 wealthy households. Harlington village has a further 1,000 homes with thousands more planned to be built in the coming years. EXPANSION POTENTIAL The business presents scope to expand the sales on security products, garden furniture and provide key cutting services. TRADING HOURS Mon Fri: 9.00am 5.30pm Wed: 9.00am 1.00pm Sat: 9.00am 5.00pm FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 2,900 Gross Profit: 49% 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 Located in a smart parade, this lock up unit is approximately 1700 sq ft and has a 300 sq ft office premises to the rear. There is a driveway to the side and a gas bottle store. The retail sales space is well laid out over a split level floor with all the appropriate racking shelving and display units for all the relevant products that are being sold. TENURE: Leasehold Original lease: 15 years Remaining lease: 14 years (renewable) Review every: 5 years Rent: 12,500 We are advised that the annual business rates are currently: 4,925

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