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Long-Established Locksmith In Torbay For Sale

Torquay, Devon, UK
Asking Price:
£60,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Keys & Locks have established an excellent reputation as a trusted local locksmith and is the longest commercial locksmith in Torbay. The business provides a comprehensive range of services including residential, commercial & auto key cutting, lock sales, lock repairs & replacement, security products, master key systems and associated locksmith services.

The business enjoys repeat trade from local residents, landlords, letting agents and commercial clients and offers significant potential for continued growth. A purchaser may wish to expand the range of security products and services available or develop additional online sales and marketing opportunities.

Property Information

Property:

Leasehold

Location:

The premises occupies a highly visible trading position towards the top of Torquay town centre. The location benefits from excellent levels of passing vehicular and pedestrian traffic. The surrounding area comprises a mixture of commercial, retail, office and residential uses.

Premises Details:

The premises comprises: Double Fronted Ground Floor Retail Unit. MAIN SALES AREA: Fitted with a retail counter, wall-mounted display systems and shelving for the display of locks, keys, security hardware and associated products. WORKSHOP: To the rear of the retail area is a dedicated workshop providing ample space for key cutting equipment, lock repairs and general workshop activities. OFFICE. CLOAKROOM. GENERAL INFORMATION. TENURE: Leasehold. The premises is available via a new Fully Repairing & Insuring Lease at a rent of £4,000 per annum. The commercial tenant will be responsible for a fair percentage of the general maintenance & upkeep of the property as a whole. RATEABLE VALUE: 2026 List: £6,900. Please note this is not Rates Payable. 100% Small Business Rates Relief will be available to eligible parties. Interested parties are advised to make their own enquiries with the Local Billing Authority. UTILITIES: The premises is connected to electricity, water and mains drainage. EPC RATING B. VIEWING: Viewing is highly recommended and can be arranged by prior appointment.

Energy Performance Rating:
B

Other Information

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