A very well regarded business which includes a well presented 2 bedroom flat above (currently let @ £750pm) and a large yard used as a mini-garden centre in season. Established over 50yrs and set in a prosperous village near Bexhill On Sea in East Sussex, the business trades Mon-Sat 9am-5pm and has a T/O of around £150,000pa, and is virtually staff run with the proprietor only working one day a week, along with a full-time manager and part-time staff. The business has a website and Facebook page, and there is scope to increase turnover by opening on Sundays, if desired, and/or through on-line marketing and/or setting up an e-commerce website. Stock total c.£25K
Opening hours are Monday to Saturday from 9am to 5pm.
Is accommodation included?:
We are informed that the accommodation comprises a very large living room, and large main bedroom, a second double bedroom with built in storage, a fitted kitchen, and new bathroom. The premises are currently sub-let at £750 per month but can be available with vacant possession if required.
This long-established hardware business, with over 50 years’ heritage, is situated in a prosperous village close to Bexhill-On-Sea, which itself is situated between Hastings and Eastbourne, and is approximately 60 miles south of London, 50 miles Gatwick, and 30 miles from Brighton and Hove.
We understand that the current renewable lease for the business premises and flat has approximately six years to run, with a total rent of £18,000pa. The business rates, after small business relief, are currently £nil, with council tax band A on the flat.
Is this business home based: