DIY and Hardware Stores for sale in Manchester

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S Martin (Feb 2013)
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Freehold Price: £355,000
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Business Description
Aspire is delighted to offer for sale this long established freehold electrical retail and installation business, with two retail units both located in busy, main road positions.
Both locations have prominent frontage, ample car parking and easy access for collections and deliveries. With bus stops a few paces away, the amenities of the local town centre are easily reached.
The motorway network is a short distance, offering a straightforward route into Manchester city centre and throughout the North West.

The business has been operated by the same family for over 50 years and they have developed a sizeable client base, which provides good repeat trade. Clients include well known national and international companies, along with local businesses such as schools.
Stock includes a wide range of electrical items and accessories such as wiring and cabling, alarm systems and lighting.

The business trades over two premises.

Property one is brick built and set within a parade of complementary shops and businesses. There is a large retail unit to ground floor and further storage to the rear. The first floor accommodates additional stock, a kitchen and a WC.
This could be further developed into a stand-alone business, with owner’s accommodation. Alternatively, the first floor could be renovated into a self-contained flat and rented out.

Property two is again brick built, housing a retail showroom, which is fully racked and shelved for displaying a large quantity of stock. The first floor has two offices, a kitchen and a WC.

The business has a website in place for marketing. This could be further developed into an e-commerce site, offering online sales. There is also an established EBay shop, which is proving to be very popular.

A company van is also included in the sale.

Open six days per week.

Premises and business for sale - £355,000
This business is trading over two premises, one site is freehold and one site is leasehold, with an option to purchase the freehold after 8 years.
New lease to be assigned.
Business rates - £3,500 across both sites.
Annual turnover - £412,000

This is a fantastic opportunity to obtain a well-established electrical retail and installation business with premises, with already high turnover. Aspire strongly recommend early viewing to fully appreciate the scope of the business. Prompt, confidential discussions are advised.

www.aspirebusinesses.co.uk
Tenure: Freehold

Location Details:

The two retail units are both located in busy, main road positions.
The premises have prominent frontage, ample car parking and easy access for collections and deliveries. With bus stops a few paces away, the amenities of the local town centre are easily reached.
The motorway network is a short distance, offering a straightforward route into Manchester city centre and throughout the North West.

Listed by: Aspire
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Aspire1520
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