DIY and Hardware Stores for sale in Reading

View the "HIGH PROFIT HARDWARE / TOOLS / ELECTRICAL SUNDRIES & KEY CUTTING - SAME FAMILY 20 YEARS - READING, BERKS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

HIGH PROFIT HARDWARE / TOOLS / ELECTRICAL SUNDRIES & KEY CUTTING - SAME FAMILY 20 YEARS - READING, BERKS

Reading, Berkshire, England

  • Leasehold Price: £15,000
  • Weekly Turnover: £2,000
Seller Reference: C.6764
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Business Description
 
 
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Seller Reference: C.6764
Request Details
Business Description
HIGH PROFIT HARDWARE / TOOLS / ELECTRICAL SUNDRIES & KEY CUTTING - SAME FAMILY 20 YEARS - READING, BERKS

Located in a busy parade of shops with good short term parking serving a well populated surrounding area of Reading, Berkshire not far from the University.

Vendor owns the Freehold property and will grant a new lease for a term of 9 years at a rent of £14,500 per annum exclusive of rates subject to upward only review after 3 years.

Double Fronted Shop (circa 500sq.ft.). Additional Showroom Area to the rear (approx. 170sq.ft.). Cloakroom.

EPC Rating:- C-61

The business is old established and has been in the same family ownership for some 20 years, now for sale as the owner has other business commitments.

We are advised that Takings currently average around £2,000 weekly all at high profit, especially key-cutting, circa 50% + Gross Profit. Books available for inspection.

Price required for goodwill, lease, tenant’s fittings, fixtures, utensils and equipment, etc. £15,000 STOCK EXTRA AT VALUATION

ALTERNATIVELY, THIS UNIT CAN BE OFFERED VACANT EXCLUDING BUSINESS AT A RENT OF £15,500 PER ANNUM WITH NO PREMIUM INGOING.
Tenure:
Leasehold
Location Details:
Located in a busy parade of shops with good short term parking serving a well populated surrounding area of Reading, Berkshire not far from the University.
Leasehold Term:
New lease for a term of 9 years at a rent of £14,500 per annum exclusive of rates subject to upward only review after 3 years.
Listed by:
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