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Retail premises for sale

£29,950

27 Vesta Avenue, St Albans AL1

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Property description

Business
Hilton Smythe are delighted to offer to the market Leading Computers Ltd.

Established by our client in 1994, the highly-regarded business relocated to this site in 1997.

Currently run at a pace to suit our clients, the business now comes to the market as our clients wish to retire.

The business offers a full repair service of all PCs and Apple Mac computers including a free diagnostics service, virus, malware and spyware removal, hardware and software repairs, dc connector replacement, computer upgrades, system back up and reload, power pack replacement, data recovery, refurbished laptops and PCs with a home service and collection if required.

Our client has built up a very loyal customer base over the last 20 years and all customer records will be handed over to any new buyer. Supplier contacts and agreements will also be handed over.

When the business was run more full-time it enjoyed a turnover of over £100,000 with business contracts with key companies such as Tesco’s. We believe there is endless opportunity to add to the purely domestic element of the current business and add repairs and maintenance of small local companies looking for ad hoc advice and repairs. It would also benefit the business to add on iPad and mobile repairs including some retail sales of these, also PCs and laptops both refurbished and new.

The large rear workroom can allow 3 -4 engineers to work simultaneously.

State of the art self-manageable website included in sale

Handover offered, ideal opportunity for someone looking to buy established business with endless scope to improve whilst in an affordable long lease agreement.

Location
Leading Computers Ltd is situated within a parade of local residential shops on Vesta Avenue, St Albans, Hertfordshire.

The business enjoys the close proximity to the centre of St Albans town centre without the headache of metered parking and access. Customers can park freely outside the business.

Vesta Avenue runs into Watling Street which leads directly to the A414 orbital road which links to both the nearby M1 and M25 motorways.

St Albans is a city in Hertfordshire and in the commuter belt of North London.

The business is also less than 2 mins from St Albans rail station.

The large retail park and busy Sainsbury's store also attracts excellent foot fall which benefits the business.
Premises
Branded shop front with 18 sqm retail and customer service area with raised display shelving to right, rear service counter to rear and access into workroom area.

Workroom offers 25 sqm with work bench and plug sockets to left side of room - includes all it repair tools, reflow machine, spare parts, soldering irons, hard drives, rams, monitors, spare screens, printers, mother boards etc.

Rear kitchen area, staff toilet and access to the shared rear yard.
Tenure
We are advised leasehold

A new long lease is to be offered at very reasonable terms to any new buyer.

Currently no business rates are payable.
Hours
The business opens: -

Monday to Friday 9.30am - 5.30pm

Saturday 10.00am – 5.00pm
staff
The business is owner run and managed with the assistance of his wife.

The business also enjoys a healthy relationship with a number of local freelance Engineers, who are on hand when workloads get busy.
Financial profile
As per the 2016 accounts turnover is reported at £27,000 with gross profit at circa 70%.

What Zoopla users think of St.albans

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Very good - 89% (249 ratings)

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Nearby transport

  • St Albans Abbey (0.4 miles)
  • Park Street (0.9 miles)
  • St Albans City (1.1 miles)
  • London Luton Airport (9.5 miles)
  • London Heathrow Airport (18.8 miles)
  • London City Airport (23.6 miles)
  • Kew Pier (17.6 miles)
  • Savoy Pier (18.6 miles)
  • Embankment Pier (18.6 miles)

Nearby schools

View all schools in St Albans
  • St Adrian Roman Catholic Primary School (0.1 miles)
  • Mandeville Primary School (0.2 miles)
  • The Abbey Church of England Voluntary Aided Primary School, St Albans (0.6 miles)
  • St Albans Independent College (0.8 miles)
  • Oaklands College (2.7 miles)
  • The Watford UTC (5.3 miles)
  • The Marlborough Science Academy (0.2 miles)
  • Watling View School (0.3 miles)
  • St Columba's College (0.4 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (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 Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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