Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Derbyshire - Discount Store For Sale

Matlock, Derbyshire
Asking Price:
£9,995 Furniture / Fixtures included
Turnover:
£65,166
Net Profit:
Available on request

Established Since 2002
Located On A Very Busy Main Road
Annual Turnover £65,166
Gross Profits of £15,019
Retirement Sale
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.

INTRODUCTION

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.

LOCATION

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.

LEASE

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.

STAFF

Darley Discounts employs one member of part time staff in addition to our client working full time.

FINANCIAL DETAILS

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.

SUMMARY

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.

Property information

Property:

Leasehold

Business Operation

Trading hours:

MON - FRI: 08:30 - 17:30
SAT: 09:00 - 17:00
SUN: CLOSED

Contact Broker

Contact Information

    1. Your Address

    2. Optional
  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here