DIY and Hardware Stores for sale in Southport

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Adam Warren (Jan 2017)
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Freehold Price: £449,995 Sale Agreed Turnover: £679,000 Gross Profit: £164,893
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Business Description
Business
Hilton Smythe are welcoming to the market Dyson Wholesale Company. A very well known, popular hardware store located in Southport. The business was established by our client in 1986, who is now looking to retire.

Dyson Wholesale Company offers a wide variety of goods including plumbing accessories, boiler systems and general hardware accessories to name a few. The shop is very well maintained and fitted out to suit the trade.

Our client has built up an inevitable reputation with all the locals and regular customers and boasts a 5 star rating on Google reviews with customers stating ‘Absolutely brilliant! Thank you so much for the advice and help.’

The property includes a self-contained 2/3 bed flat above, which is currently rented out to a tenant and generating an annual income of £5940, but could be used as living accommodation should the purchaser desire.

The sale of the business also includes the delivery van (2003 VW) with low mileage and in great condition.

We feel there is scope to increase the already exceptional turnover by extending the opening hours, embarking on modern marketing schemes and online sales should the purchaser desire.

Early viewing is highly recommended situated as the business is in such a sought for location with a great financial profile. Viewings are strictly by appointment only.

Location
Dyson Wholesale Company is located on Brighton Road in Southport, providing lots of foot-fall.

The business is surrounded by residential houses and industrial unites, providing lots of local custom as well as passing tourists.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

The area is also well served by the A-roads, with the A570 being within easy driving dis-tance of the business, which links to the M6 motorway network.

Premises
The shop has great signage and benefits from ample free street parking.

Basement
Large area used as storage.

Ground Floor
• Retail area – kitted out to suit the trade with counter, storage and displays.
• Storage room 1 - with perimeter and central storage racking and roller shutter door.
• Storage room 2 – containing racking and overhead storage.
• Storage room 3 & 4 – containing racking and shelves used to hold the stock
• Toilet and wash basin.

1st floor (2 bedroom flat)
• Office – accessible through the shop staircase.
• Lounge
• Kitchen
• 2 bedrooms
• 1 box room
• 3 piece bathroom

There is ample free street parking. To the front of the shop there is also private parking space.

The premises is fully alarmed.

Tenure
We are advised the premises is freehold with an option to lease at £229,995 plus sav.

The annual rent would be £13,500.

Hours
Current opening hours are;

Monday – Friday 8.00am – 5.00pm
Saturday 8.00am - 12.00pm

Staff
Owner ran with 2 full time staff members.

Financial Profile
The business reports a turnover for last year of £679,000 with a gross profit of £164,893

Tenure: Freehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04257
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