HARDWARE STORE

DEVON MARKET TOWN

LOCATION

This is a busy market town and the main centre for a large area of central Devon, with excellent links to the national road and rail networks. The store is located in a street of busy local shops a short distance from the town centre. It is the only shop of its kind on this side of the town, and therefore operates without competition in this popular central residential area.

DESCRIPTION

This Hardware Store is quickly gaining a reputation for not only supplying its customers with a wide and varied range of tools and hardware, but also for obtaining more unusual items. Customers are able to purchase the amount or the size they require, rather than the standard packs or sizes more often available. The shop is bright and welcoming, with an enormous amount of household goods and tools clearly displayed for customers to view and select. Parking for customers is very convenient, with a public car park behind the premises, and also roadside parking right outside the shop. Goods are also displayed outside to form an eye-catching and attractive draw to passing customers, especially in summer with a colourful display of plants for sale.

THE BUSINESS

This long-established business has been completely refurbished and improved over the past few years by the current owners. They have run the business for about 4 years and now wish to take advantage of an opportunity to retire abroad.

THE PROPERTY

The store is one of a parade of brick-built properties with flats above. This lock-up shop has a full size display window with projecting roof providing cover for the full-length outdoor display area. Inside, the main sales area is nearly 310sq.ft. (19'4" x 16'), with freestanding display units and walls fitted with high and low level shelves and boards for hanging displays. At the rear of the shop is a large area of approx 150sq ft, which comprises storage and office space and staff toilet facilities. The back door leads to an enclosed rear courtyard with pedestrian gate to the public car parking area at the rear, where one parking space is allotted to the business by permit. The building is insured and kept in very good repair by the landlord. Recent improvements include a new rear door and windows.

STOCK Stock to be sold separately at valuation (SAV). Approx. £17,000

NOW UNBELIEVABLE BARGAIN PRICE

PRICE £ 9,950 for the Goodwill, Fixtures, Fittings & Equipment and the Leasehold interest.

VIEWING Strictly by appointment only through Lakey & Co

AGENTS COMMENTS

Quoted by a viewer as “the nicest little shop on the market”, this is a delightful Aladdin’s Cave supplying everything a customer could possibly want in the way of household hardware and tools! Easy to run, and located in such excellent leasehold premises, this business will provide a useful income that should continue to increase as the good reputation being built up continues to spread. The owners are keen to retire and have priced the shop accordingly. This business would be ideal for a couple where one partner has another job or part-time work, or for an early-retired couple, or for an individual looking for the lifestyle of running their own business in a very popular Devon market town.