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DIY & Hardware Supplies

Skelton £75,000 Leasehold (fees apply) REF: NE1573

Location:

Skelton is a small town with a population of 7,454 (2011 census) located on the Cleveland coast, 3 miles south of Saltburn by the Sea and 3½ miles south west of Guisborough. The property is located to the rear of the Post Office on High Street, with a range of other local businesses and housing nearby. 

Business:

This is a long-established business which has been operating from this site for 17 years but has now been placed on the market as our client wishes to retire.  Located to the rear of the main road running through Skelton, the business operates from a single storey detached property benefitting from security fencing to the perimeter and additional external space that is currently used for displaying larger items or storage. 

The business trades as a traditional DIY and hardware supplier with a broad range of lines sold.  In addition to the traditional stock the shop also offers a range of building supplies and a key cutting service. There is a large parking area adjacent to the property and access is relatively simple via the High Street.

This is a trading opportunity ideally suited to a suitably qualified and motivated couple and there is scope to grow and develop the lines sold.

Premises:

Comprising of a single storey detached property;

Ground Floor

Retail & Workshop       1,500 sq.ft. (139 sq.m.)

Office

W.C.

External

Display Area                333 sq.ft. (30 sq.m.)   

Trading Hours

Monday - Saturday        8.00 a.m.  –  5.00 p.m.   

Sunday                         10.00 a.m.  –  2.00 p.m.

EPC

Rating – E.

Staff

Run by our client with the help of two members of staff.

Fixtures & Fittings

A full inventory would be made available prior to an exchange of contracts.  Mains electric and water are connected to the unit and there is CCTV.

Rates

The premises are assessed as follows:

Rateable Value £3,250

Rates free incentives subject to individual status.

Tenure

The Freehold interest together with the goodwill fixtures and fittings is available at £175,000.

The Leasehold interest is available for £75,000 with a new lease at £13,000 per annum.

Stock is an additional cost and there is a fully liveried van available by separate negotiation

Money Laundering Regulations:

In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

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