Hilton Smythe is delighted to welcome to the market this well-established and busy diy/hardware business, which is ideally located in Cleckheaton, West Yorkshire.
The business was established by our client in 2007 and is only now being offered to the market due to our client’s desire for a well-deserved retirement. The business operates 7 days per week and generates a turnover in the region of £110,000 per annum, with a gross profit of approximately 40%.
Our client offers a wide variety of goods including diy tools, hardware, plumbing accessories, vacuum cleaner repairs and spares, washing machine spares, fancy goods, electrical items and painting & decorating items, to name a few. The property boasts a spacious sales and display area, which is presented and laid out to suit the trade.
The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening on Sundays. A new owner could also embark on a modest marketing campaign to promote the goods and service offered. The business would also benefit from the launch of a website to advertise the wares.
This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
Scholes Bargain Centre occupies substantial two storey premises, ideally located within the town of Cleckheaton, West Yorkshire. The business is situated on the busy New Road East and benefits from a high volume of footfall and passing trade. The area of the property is surrounded by densely populated residential areas, from which the business derives much of its trade. The diy/hardware store also benefits from free on-street parking facilities within the vicinity.
Cleckheaton is a town in the Metropolitan borough of Kirklees in West Yorkshire. Historically part of the West Riding of Yorkshire, the town is situated south of Bradford, east of Brighouse and south of Leeds. It is at the centre of the Spen Valley and is a popular place in which to live and work, due to its close proximity to Bradford and Leeds.
The area of the business is well served by the public transport system, with several bus stops being within easy walking distance. The nearest railway station is approximately 3 miles away in Brighouse. The area is also well served by the a-roads, with the A58 being within easy driving distance, which links to the national a-road and motorway networks. Bradford is approximately 6½ miles away and Halifax is 5½ miles away.
Substantial two-storey premises in an ideal trading location, briefly comprising:
Lower ground floor:
Large cellar (we are advised the cellar is not suitable for use).
Serve over counter with electronic cash register and credit/debit card terminal.
Racking and shelving to perimeter walls.
Central display aisles throughout the shop.
Large storage area covering half the ground floor space.
Very well signed.
We are advised Leasehold:
Original lease length: 7 years
Remaining lease length: Rolling lease
Rent: £9,500 per annum
The business is open:
Monday – Saturday: 9.00am – 5.30pm
Sunday: 10.00am – 3.00pm
The business is owner run and managed.
The business generates a turnover in the region of £110,000 per annum, with a gross profit of approximately 40%.