Business for Sale in Attleborough, Norfolk DIY & HOMEWARE STORE - ATTLEBOROUGH, NORFOLK

Leasehold Price £125,000

Key Information

Reference
D35307E
Tenure
Leasehold
Status
For Sale
Region
Norfolk
Sector
DIY and Hardware Stores
Rent Payable
£24,660 per annum. The purchaser will be responsible for the landlords costs and fees in connection with the assignment of/or the grant of a new lease.
Business Rates
£5,551 per annum. This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
Accommodation
No

Business Information

  • Long Established Business
  • Electronic Stock Checking & Ordering
  • Over 9,000 Product Lines
  • Key Cutting/Paint Mixing/Calor Stockist
  • Well Run & Profitable Business
  • Excellent Trading Position
  • Bespoke Operating & Ordering Software
  • ‘Small on the Outside, Large on the Inside’
  • Owner Parking Space
  • Contact Us to Discuss Further

PARTICULARS

An excellent opportunity presents itself here to acquire this long established, well regarded and profitable DIY and Homeware store located in the desirable market town of Attleborough to the south of Norwich and just a short distance from the sought after Wymondham College.

Situated in an ideal trading position on the busy high street, which runs through the centre of the town, the business has gone from strength to strength despite the various challenges faced both on a local and national basis. This is testament to the way in which the vendors have run the business over the years and whilst offering a traditional friendly and personal service they have moved with the times both in terms of the product ranges offered and in the investment in modern technologies to help assist with the operation of the business.

This would very much suit an owner operator with retail experience especially if gained in the DIY sector, however it could equally appeal to someone looking for a new challenge, or even an existing company looking to take on a new branch.

A very solid business, with a great reputation in the local community and a good online presence and reviews, which shows consistent and impressive trading figures, and one which can be pushed even further if the new owners so wished.

THE BUSINESS ITSELF

Our first impression of the business once inside was one of thinking it was like a mini version of a national DIY chain such was the extensive range and quality of products that it offered. What is available is on par with the national retailers, not cheap inferior alternatives - they stock quality middle of the range products that represent good value for money. Items such as hand and power tools, gardening equipment, pest control, fixings, home and cookware, plumbing, electrical, ironmongery, paints and decorating, cleaning products and seasonal items to suit demand.

The shop makes excellent use of modern technology to facilitate the smooth running of the business. The electronic stock-checking and semi-automated ordering systems keep track of a product range of over 9,000 lines whilst the handheld devices carried by all staff are used for goods inwards, stock-checking and printing labels. On top of this, the software has been fine-tuned to offer powerful reporting and profit maintenance facilities.

In addition they offer further services such as key cutting, paint matching and mixing, carpet cleaner hire and are Calor gas stockists.

PREMISES

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

As already mentioned the business is situated in an enviable position on Church Street just opposite Queens Square and the large free public car park meaning access for customers is very good encouraging people to shop in the town. Attleborough is located fairly centrally between Norwich to the north and Thetford to the south and is just far enough away from these bigger retail centres to mean that people living locally are more inclined to shop in the town rather than travelling into those larger places instead.

The property is a listed building and so offers plenty of character and whilst it may appear small from the outside, the inside retail area is extensive and well laid out with around 2,500 sqft of space that has been excellently used.

There are entrance/exit doors either side of the centrally placed 3 sided service counter with 2 computer based till points and scales for weighing loose items such as screws and nails. There are multiple aisles with a range of display shelving, racking and units to accommodate all of the product lines. There are 5 aisles on the lower level with quality carpet tile flooring and key cutting room off. To the upper level there are 3 further aisles with ceramic floor tiles and door off to the staff room with W.C, shelving, storage and Worcester boiler. There is also a manager’s office with 2 desks, cabinets and drawers, window overlooking the rear yard and a small kitchenette.

All is covered by CCTV and intruder alarm whilst outside you will find a delivery unloading area, gas cage, cardboard crusher and door to further storage room. We also note that there is a private parking space for the use of the business.

FURTHER INFORMATION

REFERENCE NUMBER

D35307E.

OPENING HOURS

8:45am to 5:15pm Monday to Saturday. Closed Sunday.

TENURE

Leasehold.

RENT PAYABLE

£24,660 per annum.

Purchaser will be responsible for the landlords costs and fees in connection with the assignment of/or grant of new lease.

RATES PAYABLE

£5,551 per annum.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

EPC

The premises has an EPC rating of ‘C/53’ - the full Energy Performance Certificate is available on request.

PRICE

£125,000.

For the benefit of the goodwill, fixtures, fittings & equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING

Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.

FINANCE

Finance may be available to suitable purchasers.

BUSINESS TO SELL?

Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

PREMIER MARKETING

We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on all of the online portals and our own website, make your business stand out from the crowd - call us today!

UNHAPPY?

Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

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