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Commercial property for sale

£18,500

Matlock DE4, UK

Interested in this property? Call +44 161 937 5978 * or

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Property features

  • Established Since 2002
  • Weekly Takings £1,250
  • Gross Profits Of 62%
  • No Online Presence
  • Retirement Sale
  • EPC - C

Property description

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. Business: £18,500.

Please quote ref: 5575

What Zoopla users think of Darley Dale

Overall rating:

  • currently 2.5 stars
Average - 54%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
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Parks & recreation
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  • 1
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  • 4
  • 5
Restaurants & shopping
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  • 1
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  • 5
Schools & public services
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  • 1
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  • 5
Transport & travel
  • currently stars
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Nearby transport

  • Matlock (2.4 miles)
  • Matlock Bath (3.4 miles)
  • Cromford (4.1 miles)
  • East Midlands Airport (25.6 miles)
  • Manchester International Airport (31.0 miles)
  • Robin Hood Airport (32.5 miles)
  • Liverpool Pier Head Ferry Terminal (60.3 miles)
  • Liverpool Isle of Man & Dublin Terminal (60.4 miles)
  • Woodside Birkenhead Ferry Terminal (60.6 miles)

Nearby schools

View all schools in Derbyshire Dales
  • Darley Churchtown CofE Primary School (0.3 miles)
  • Darley Dale Primary School (0.7 miles)
  • South Darley CofE Primary School (1.1 miles)
  • Chesterfield College (8.8 miles)
  • Landmarks (14.3 miles)
  • UTC Sheffield (15.5 miles)
  • Highfields School (2.8 miles)
  • Lady Manners School (4.6 miles)
  • St Anselm's School (5.0 miles)
Note: Distances are straight line measurements

Local info for Derbyshire Dales

About the neighbours in DE4

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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