Long-Established Hardware Store in Norwich

  • Leasehold Price: £75,000
  • Annual Turnover: £240,000
Norwich, Norfolk, England
Seller Ref:BAA230130
For Sale

Long-Established Hardware Store in Norwich

Norwich, Norfolk, England
Seller Ref:BAA230130
  • Leasehold Price: £75,000
  • Annual Turnover: £240,000

Description

• Personalised Solutions: Richardsons offers tailored solutions for every need, their expert team delivers high-quality services that exceed expectations
• Trusted Tradition: With a rich history dating back to the 1960s, Richardsons embodies trusted expertise and reliability
• Community Connection: Richardsons are more than just a hardware store – they’re a vital part of the local community. They foster meaningful connections and support local initiatives
• Industry Recognition: Richardsons is a recognised leader in the industry, nominated for DIY Retailer of the Year 2023
• Multifunctional: The shop is a registered post office for collect and drop services as well as being a Wish collection point.

Agilis Advisory proudly presents Richardsons of Norwich, a thriving hardware and DIY store with a rich history dating back to the 1960s. Formerly known as Richardsons (Hardware Heels & Keys), the store has evolved into a beloved local institution under Belmore UK Ltd since 2019.

Key Features:
1. Wide Range of Products & Services: From hardware essentials to bespoke leather repairs, pet supplies, and dart equipment, Richardsons offers a diverse selection to meet every DIY need.
2. Comprehensive Repair Services: Expertly-trained professionals provide a full spectrum of repair services, including shoe repairs, bespoke leatherwork, and pet product rebuilds.
3. Strong Community Presence: With over 4000 followers on Facebook and a stellar reputation for exceptional customer service, Richardsons is a trusted name in the local community.
4. Award-Nominated Excellence: Nominated for DIY Retailer of the Year 2023, Richardsons has earned acclaim for its commitment to quality and innovation in the industry.
5. Turnkey Business Opportunity: With a profitable turnover and all equipment included in the sale, Richardsons presents an ideal opportunity for a new owner to step into a successful venture seamlessly.
6. Spacious Premises: Occupying a generous retail area of 113m2 with additional storage yards and ample customer parking, Richardsons boasts a prime location for continued success.

Don’t miss this chance to own a thriving hardware store with a loyal customer base and endless growth potential.

Please note, stock will be calculated upon completion.

Leasehold Terms:
Renewal Dec 2025 (tenant right to renew)
Trading Hours:
Mon-Sat: 9:00-17:00; Sun: closed
Number of Employees:
2
Location Details:
The business is ideally positioned with a large premises close to homes and businesses with ample customer parking
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

Listed By:

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