Hilton Smythe are delighted to welcome to the market a long standing, well established Hardware Store known as Car Bits in the busy and popular area of Lostock Hall, Preston.
The store is well known locally and has been trading from the current premises for over 9 years; building up an enviable reputation, which has resulted in a loyal client base. The business is now being sold, due to our client's desire to move onto another business ventures.
Car Bits currently stocks a huge variety of car products, specialising in windscreen wipers and our client offers a free fitting service. Other products include general hardware, cycling products and household goods. In addition to being very well stocked, the business also offers a key cutting service.
There is scope to further increase turnover by embarking on internet sales and advertising. Our client also closes 4 weeks of the year for annual holidays.
The current owner is happy to offer a handover to ensure the continued success of the business.
Early viewing is highly recommended and are to be made by appointment onlyLocation
The business is located in Lostock Hall, Preston in Lancashire.
The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade, there is plenty of street parking in the vicinity.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property
The area is also well served by the A-roads, with the A6 being within easy driving distance of the business, which links to the M65 and M6 motorway network.Premises
Well presented property with great signage and fully equipped to suite the trade.
Slat wall panelling
Central display unit
High shelving for storage
2 x Key cutting machines
Till with card reader
To the rear of the premises is a storage room, office, toilet and wash basin.
Stock is currently valued in the region of £35,000.Tenure
Leasehold - with 18 months remaining on the current lease.
We are advised the Landlord is happy to negotiate a new lease with the buyer.Hours
Monday - Saturday: 9.00 am – 5.00 pmStaff
The business is owner managed.Financial Profile
The business reports a turnover for 2017 of approximately £62,000.