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Established Since 2002
Located On A Very Busy Main Road
Annual Turnover £65,166
Gross Profits of £15,019
EPC - C
REF 5575 – Leasehold Discount Store
Blacks Brokers are proud to bring to the market this leasehold discount store located in the much sought after area of Matlock, Derbyshire.
Darley Discounts has been trading on Dale Road North since 2002 and during that time, the business has firmly established itself within the local community and has gained a large, loyal customer base and reputation.
Matlock is the county town of Derbyshire. It is situated at the south eastern edge of the Peak District with good links with the A6 and M1. The area is popular with residents and visitors, with many local parks, halls and other attractions. Dale Road North is a busy main road with heavy footfall and plenty of locals, businesses and passing trade.
REASON FOR SALE
Darley Discounts is only being offered for sale due to retirement.
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 5 years with rent reviews every 5 years. The current lease began in 2016 at a cost of £100 per week.
BUILDING LAYOUT AND DESIGN
Darley Discounts is housed within a single storey, terraced property with a small forecourt area to the front. The shop is well branded with strong signage on display and glazed frontage.
Inside, the retail area is open plan, with shelving down either side. The broad range of hardware and gardening accessories are well organised and displayed with counter at the front of the shop floor. To the rear of the shop is an office area as well as the WC and small kitchenette. All areas are well presented with good quality fixtures and fittings in place. A full inventory is available on request.
Darley Discounts employs one member of part time staff in addition to our client working full time.
Financial details are available upon a viewing of the business which has traded solidly over its trading history. Darley Discounts generates weekly takings of £1,250 with strong gross profits of £15,000 per annum. The business also has casual agreements in place with local carehomes which she supplies products to, this generates an extra annual income of £6,000.
This is a fantastic opportunity for a new owner to acquire a popular and well known discount store in a superb location. There is scope for expansion into other product lines and an online presence would be beneficial. This proposition would ideally suit an owner operating team or similar business that could push the business forward and build upon the solid and impressive trading foundations. Early meetings with our client are strongly advised.
MON - FRI: 08:30 - 17:30
SAT: 09:00 - 17:00
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