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Popular And Well Known Diy/hardware Centre for Sale

Preston, Lancashire

Leasehold : 349,995
Turnover : 8,173 p.w.

This affluent award-winning DIY centre is positioned in the large rural commuter village and civil parish of Tarleton which is well-situated half way Preston and Southport in West Lancashire. The business is to be found on a main through road surrounded by complementary businesses, residential properties and ample free parking which are all beneficial for the business as it derives much of its trade. Situated on and around the main A59 road the village is easily accessed via the M6 and M61 motorways which link all of the major motorway networks. Preston, Manchester and Liverpool are all within close proximity and many commuters travel to and from the surrounding areas due to the ease of the transport links and the location which is surrounded by countryside.

POPULAR AND WELL KNOWN DIY/HARDWARE CENTRE
Advised annual turnover of 425,000 with a GP margin of 45%
Situated in the desirable village of Tarleton, Preston
Well established and highly reputed business
Genuine reason for sale due to retirement
Parbold, near Wigan store also for sale (Ref: 3828)
Early viewing essential to fully appreciate
Ideal lifestyle change opportunity
Scope for further development
Currently run at a pace to suit
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this superb DIY centre which was established in 1971 and has been in the careful hands of our clients for the last 17 years. Our clients are reluctantly offering the business to the market due to their desire to take a well-deserved retirement. Since our clients took ownership of the business, they have invested considerable time and capital into expanding and modernising the business and premises meaning it is in full walk-in condition. Our clients inform us that annual turnover currently runs at 425,000 with a gross profit margin of 45% which is derived from the sale of a wide range of housewares, hardware and DIY products such as tools, decorating supplies, paint mixing, kitchenware and key cutting etc. Additionally, there is huge potential to further devlop the ecommerce website belonging to the business that has been trading online for the last two years. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat custom in addition to a large volume of passing trade. Our clients are also selling their other DIY store based in Parbold, a similar rural commuter village located between the towns of Southport, Wigan and Ormskirk; further details can be obtained by contacting ourselves and quoting reference 3828. This is a rare opportunity to purchase a highly successful established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Trading Hours: Monday - Friday: 09:00am 05:30pm
Saturday: 09:00am 05:00pm
Sunday: Closed
 
Accommodation: Large glass fronted commercial unit, briefly comprising:

GROUND FLOOR

Secure entrance leading to:

Large open plan store

Serving/payment counter with cash register/EPOS system

Numerous stock displays

Paint & decorating shelving section

Paint mixing machine

Key cutting station

Gift wrap, haberdashery and fancy goods sales area

Stationary stand

Garden supplies


Kitchenware/electricals

Carpet cleaner rental

Fishing licence sales counter

Hand/power tool displays/screws, nails & bolts etc

Vehicles maintenance products

Various products displays

Office

Toilet facilities

Fully fitted kitchen

Storage area

EXTERNAL
Rear yard
 
Tenure: Leasehold
Remaining: Rolling lease
Rent: 15,220pa
 
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91 Advert ID 44833    Sellers Ref : 3827/BSOL

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