DIY and Hardware Stores for sale in Kirkby-in-Ashfield

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Established DIY/Hardware Store - Kirby In Ashfield

Kirkby-in-Ashfield, Nottinghamshire, England

  • Freehold Price: £180,000
  • Annual Turnover: £167,055
  • Annual Gross Profit: £81,705
Seller Reference: 7337
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Business Description
 
 
 
 
 
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Seller Reference: 7337
Request Details
Business Description
Town Centre Position
Accounts Available YE 21/12/2020
Annual Turnover £167,055
Gross Profit £81,705
Commercial Vehicle Included
Long Trading History
Ill Health Sale
Two Allocated Parking Spaces
Free Customer Parking
Fantastic Online Reviews
Fully Equipped
CCTV Fitted Throughout
Potential For Delivery Service
Scope To Expand Into Online Sales
EPC - C
REF 7337 – Freehold DIY/Hardware Store
Blacks Brokers are pleased to bring to the market this freehold DIY/hardware store located in Kirkby in Ashfield.

INTRODUCTION
Blake & Beeley (Kirkby) Ltd was established in this busy area of Kirkby in Ashfield over sixty years ago and our client took ownership in 2015. The business offers a range of DIY products from general items to specialist tools and equipment. Blake & Beeley (Kirkby) Ltd also offers trade accounts for regulars and is very well known in this area. It has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and many superb reviews are noted on Google and Yell. Blake & Beeley (Kirkby) Ltd also has a comprehensive website in place. This sale also includes a 57 plate Mercedes Vito van.

LOCATION
Blake & Beeley (Kirkby) Ltd occupies a main road trading position within a parade of shops and offices in the town centre of Kirkby in Ashfield. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Morrisons and Tesco. The area is well linked by the M1 with very strong public transport links nearby and parking is available in the surrounding area.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but sadly due to our client’s ill health, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF
The business operates with one full time manager and one part time member of staff in employment. Our client oversees management of the business but is not currently involved in the day to day running of the shop.

FINANCIAL DETAILS
Blake & Beeley (Kirkby) Ltd has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has a projected annual turnover of £200,000+. Full financial information is available upon request.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This reputable and long established business occupies an enviable trading position in a highly sought after area of Kirkby in Ashfield. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines, online sales and longer opening hours to include a late night, possibly a local delivery service where appropriate. This proposition would ideally suit an owner operating team who could reduce staffing costs and push the business forward by further building upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
All Fixtures & Fittings Included;
+ Van in sale Mercedes Vito van (57 plate)
Full cctv
Alarm
Storage
Saw at the back
Full cutting machines
Trading hours:
MON - FRI: 08:00 - 17:30 SAT: 09:00 - 17:00 SUN: CLOSED
Tenure:
Freehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Blake & Beeley (Kirkby) Ltd operates from the ground and first floor of a spacious corner property on a busy road. The business has large branding and signage on display above a partially glazed frontage. There is space to the front of the property for displays in the finer months. Inside, the main retail area is fitted with counter, key cutting machine, display cases and racking/shelving as required. There are also storage areas, a staff room and toilet facilities. The first floor comprises of a second retail area used as a seasonal showroom as well as a picture framing room, store room and a private office. To the rear of the property is an enclosed rear yard used for the storage of calor gas and timber as well as a secure garage workshop. All areas are fully equipped and presented well.

Location Details:
Kirkby-In-Ashfield
Listed by:
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