• Turnover circa £70,000 per annum.
• 60% gross profit margin.
• Trading under the same ownership since 2007.
• Retail Shop 700 sq.ft. (65 sq.m.).
• Additional stores plus W.C.
• Property includes spacious 2 bed flat above.
• Genuine retirement sale.
- Asking Price:
- £180,000 Furniture / Fixtures included
- Turnover:
- £70,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Freehold
- Location:
-
This long-established business is located on Clayton Street which is one of the main retail streets within this locality.
Bedlington Station / West Sleekburn is located to the east of Bedlington and just off the A189 Spine Road. Access is excellent and the larger towns of Ashington and Blyth lie to the north and east respectively.
- Premises Details:
-
This business has been serving this community for many years but has been operating from Clayton Street for well over 30 years. Sonia’s has now been reluctantly placed on the market as our client wishes to retire. Located close to the main centre, the business operates from a spacious single storey unit which offers ample wall and floor space to display the extensive lines sold. There is a storeroom to the rear and an additional off site storage facility which is rented.
The business trades as a traditional DIY, hardware and fancy goods supplier with an extremely broad range of lines sold. Items available range from batteries to balloons and from curtain hooks to greetings cards and if the shop doesn’t have the item in stock, the owners and staff will strive to order it in as quickly as possible. Customers travel from quite far afield for certain items which are hard to source elsewhere.
There is free car parking directly outside the property and to the rear there is a public car park.
This is an established trading opportunity with scope to grow and develop the lines sold and ideal for a suitably qualified and motivated owner operator.
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday – Friday 9.00am - 5.00pm
Saturday 9.00am - 4.00pm
Sunday closed
- Employees:
- Run by our client with the help of one full time and one part time member of staff.
- Years established:
- 30+ years