Business for Sale in IVYBRIDGE, Devon HOME, HARDWARE & DIY STORE

Key Information

Reference

HA35898N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Homeware Stores

Annual Sales

£433,145.00 Exc. VAT

Accommodation

No

Business Information

Established well known HOME, HARDWARE, DIY & GARDEN STORE plus SCHOOL UNIFORM supplier. Occupying prime IVYBRIDGE town centre trading position, fronting the main shopping thoroughfare, benefiting from restricted stay car parking immediately in front, close main shopper’s car parks, other popular businesses, and residential areas/new developments.

Deceptive premises extending to the rear a considerable length and over 2 floors, in excess of 5,000 square feet, enjoying a favourable rent of just over £300 per week. Provides main ground floor retail area with separate delivery entrance, numerous other sections to include tools, paint, DIY, and timber areas. Additional first floor retail/school uniform area, masses of storage, offices, staffroom and cloakroom.

Under current ownership some 17 years, offering an extensive number of stock lines, everything for the home, and DIY enthusiast, stocking top brand names, and school uniform which proves lucrative. Retail Sales 2024 £433,145 ex Vat, Gross Profit £201,004 equating to 46%, enjoys a strong local following ensuring sound all year-round regular trade. Forecast Sales approximately £444,006 ex Vat in respect of the current financial year.

Leasehold £49,500 sav, Ref: HA35898N