DIY and Hardware Stores for sale in East Sussex

View the "HARDWARE SHOP & MINI GARDEN CENTRE + 2 BED FLAT - Prosperous Village East Sussex" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

HARDWARE SHOP & MINI GARDEN CENTRE + 2 BED FLAT - Prosperous Village East Sussex

East Sussex, England

  • Leasehold Price: £49,950  Price Reduced arrow_drop_down
  • Annual Turnover: £150,000
Seller Reference: SE001979
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Business Description
 
 
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Seller Reference: SE001979
Request Details
Business Description
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
Trading hours:
Opening hours are Monday to Saturday from 9am to 5pm.
Tenure:
Leasehold
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.
Number of bedrooms:
2
Location Details:
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.
Leasehold Term:
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:
Yes
Listed by:
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