DIY and Hardware Stores for sale in Whitehaven

View the "Electrical Components Retail And Distribution Business Whitehaven Cumbria For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Leasehold Price: £50,000 Price Reduced Annual Turnover: £204,000
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Business Description
Aspire is pleased to present for sale this well established electrical component retailer and distributor, located in a ideal trading position, close to the centre of Whitehaven, Cumbria.
The business is easily accessible, approximately one mile from the town centre, and has a customer car park. There are numerous complementary shops and businesses in the area.
Whitehaven is a popular residential location, with a wealth of activities and amenities. Set on the edge of the Lakes District National Park, the area is a busy tourist destination, attracting visitors all year round.

The business has been operated by the current owners for over 15 years and is only now offered for sale due to retirement. The owners have built up an enviable reputation within the trade, ensuring a loyal client base and much repeat custom. The company supply an array of electrical components including lighting, intruder alarms, ventilation, showers, switches and sockets.
Retail customers are offered help and advice with DIY projects and choosing suitable equipment. A delivery service is also offered.

The single storey, lock up premises consist of a substantial open-plan sales area with wide sales counter, fully racked and shelved for parts and stock storage, and 2 offices.
The warehouse storage to the rear is also shelved and racked for stock and accommodates a staff kitchen area and WC.
There is internal staircase leading up to a mezzanine level with further storage.

There is good scope to further enhance the turnover. Adding an on-line ordering system to the website would boost the business and it would be possible to extend the retail sales area, incorporating additional stock displays. Employing staff to offer electrical services and fittings to domestic and corporate customers would further augment the business.

Opening hours
Monday to Friday – 8.30am to 5.00pm
Saturday – 9.00am to 1.00pm
Sunday – closed

Leasehold business for sale - £50,000 plus stock
New lease to be assigned
Monthly rental - £320
Annual turnover - £204,000
Business rates – currently exempt, 100% relief

This is an excellent opportunity to acquire a well established electrical retail and distribution business with further scope. Prompt confidential discussions with Aspire must come highly recommended.

www.aspirebusinesses.co.uk
Tenure: Leasehold

Location Details:

The business is located in a ideal trading position, close to the centre of Whitehaven, Cumbria.
The business is easily accessible, approximately one mile from the town centre, and has a customer car park. There are numerous complementary shops and businesses in the area.
Whitehaven is a popular residential location, with a wealth of activities and amenities. Set on the edge of the Lakes District National Park, the area is a busy tourist destination, attracting visitors all year round.

Leasehold Term: New lease to be assigned Monthly rental - £320

Listed by: Aspire
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Aspire1574
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