Plumbing Supplies Merchant In London For Sale

Business description

PLUMBING SUPPLIES MERCHANT - LONDON

LOCATION: Situated in a busy West London location minutes from local tube station and major bus routes. The business is well positioned to take advantage of the residential household served in the W13, W4, W14, W12 and W6 areas.

DESCRIPTION: Situated along a busy parade this is a newly refurbished double fronted ground floor lock up premises, the business is fully fitted for present trade. The trading area and stores cover and approx 650sq ft. Externally there is a large yard area approx 1200 sq ft, which has provisional planning permission for shop extension to provide additional storage if required. Alternatively the space can be used to park delivery/service vehicles. The premises are fully alarmed and have full CCTV in operation.

EQUIPMENT: The business is fully fitted and equipped for present trade and has an extensive range of trade equipment and a full inventory will be available for a purchaser. The business also has a full EPOS system for managing the extensive stock range.

BUSINESS: This is a well established plumbing merchant, which has built up an excellent reputation throughout West London. We understand that current takings are in the region of £300,000 annually, which can be easily verified through trading records. There is great scope to increase the takings by extending the boiler and bathroom spare part stock range further. Additionally takings can be increased by synergising the retail business with plumbing emergency and general plumbing services.

HOURS: 8:00 AM – 5:00 PM Mon – Fri, 9:00 AM – 12:30 PM Sat

ACCOMM: There is no residential accommodation.

TENURE: The current lease has a term of 11 years remaining and the current rent is £19,500 per annum with reviews every 4 years.

RATES: Business rates payable are approx £5,000

STOCK: SAV (stock is approx £100,000)

PRICE: £ OFFERS CONSIDERED

50% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).

PLEASE REGISTER with us right now so we can arrange a viewing for you today.

Property information

Property:

Leasehold

Lease terms:

TENURE: The current lease has a term of 11 years remaining and the current rent is £19,500 per annum with reviews every 4 years.

Leasehold rent:

£19,500 per annum

Location:

LOCATION: Situated in a busy West London location minutes from local tube station and major bus routes. The business is well positioned to take advantage of the residential household served in the W13, W4, W14, W12 and W6 areas.

Premises details:

Free access parking at front and rear of premises

Other information

Expansion potential:

There is great scope to increase the takings by extending the boiler and bathroom spare part stock range further. Additionally takings can be increased by synergising the retail business with emergency and general plumbing services.

Planning consent:

Landlord written consent to build extension for further 1000 sq ft trading/storage or workshop space – at no increase in rent.

Support & training:

Full handover support and training included in asking price.

Trading hours:

HOURS: 8:00 AM – 5:00 PM Mon – Fri, 9:00 AM – 12:30 PM Sat

Financing available:

50% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).

Related documents:

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• Compulsory Registration Form to Return Please