Retail premises for sale

  1. Property photo 1 of 9.
  2. Property photo 2 of 9.
  3. Property photo 3 of 9.


Retail premises for sale

Witney, England, United Kingdom OX28

Local area information

Property location

Nearby amenities

  • The Henry Box School 0.3 miles
  • St Mary's Church of England Controlled Infant School 0.4 miles
  • Finstock 5.3 miles
  • Combe (Oxon) 5.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Please quote reference B04478

Hilton Smythe welcomes to the market this Engineering supply company, which has been established for more than 26 years and is very well known in the area.

The business provides a service to anyone who makes, breaks or repairs something. They supply anything from nuts and bolts, fasteners and fixings to adhesive, hand tools to safety wear and everything in between.

They supply both the trade and the general public, having several trade contracts within the area.

The business is well known within this industry as a reliable and trusted supplier of good quality products at competitive prices and the business has built up a very large customer base in an ideal location.

Providing an array of engineering supplies to clients such as Mechanics, Carpenters, maintenance teams and schools, the business is continually growing and developing to meet customer needs. They can also be found on Facebook with great reviews.

The owner has been slowing down over the last few years due to impending retirement, however the business has massive potential for the future and could easily be taken to the next level by:

• Increased advertising and social media presence
• A good quality website
• Longer hours and in particular by taking on staff to increase the delivery side of the business. (The owner has extensive experience of this as he used to have 12 vans on the road and is happy to impart this knowledge to the ingoing purchaser, so they can take this forward if desired)
• Make full use of the ample first floor space.

An internal inspection, to speak to the owner and understand the potential moving forward is a must for this highly profitable business.

Youngs Engineering Supplies ltd is situated on a purpose built industrial estate on the outskirts of Witney, a very popular and sought-after Cotswold village with much charm and character, offering a very accessible location.

Witney is a town on the River Windrush, 12 miles west of Oxford in Oxfordshire, England. The population according to the 2011 census is 27,520. Oxford itself is a very well know and famous for its University and Accademia.

The whole area is very popular with locals and tourist alike and offers good access to all surrounding areas via the A40 and M40.

The business itself is very well established in the area. It has been run by the current owner for the last 26 years, who is now looking towards a very well-earned retirement, but is more than happy to help the new owner bed in.

The premises occupy a great location in Witney with easy access. They are easily managed and offer a very good size workspace over 2 floors, amounting to approximately 334 sqm (approx. 3,600 square feet).

Ground floor:

• The main retail showroom with counter and till
• Spacious office
• Small kitchen
• WC

On the first floor, you have a substantial mezzanine level (put in by the current owner) which offers 4 offices, large store room plus further storage area (this space could offer various uses).

The business comes fully equipped with an extensive range of:

• Shelving and racking
• Computers
• Desks
• Chairs
• Filling cabinets and other office furniture
• Work benches
• Phone system
• Full Red Care alarm system

There is a substantial mezzanine level, which will stay in situ.

An internal inspection is very highly recommended to appreciate what’s on offer.

We are advised that the business is being sold as a Leasehold opportunity rolling lease.

The rent payable is £9,100 per annum

Monday 8:30 a.m. To 5:30 p.m.
Tuesday 8:30 a.m. To 5:30 p.m.
Wednesday 8:30 a.m. To 5:30 p.m.
Thursday 8:30 a.m. To 5:30p.m.
Friday 8:30 a.m. To 5:00 p.m.
Saturday 8:30 a.m. To 12:30 p.m.
Sunday closed

The business is currently run by the owner only as he has been slowing down towards retirement

Financial Profile
The business turned over £96,000 for the year to 31st December 2019 with a gross profit of £63,000. The turnover in 2016 was £108,233 and in 2015 it was £131,073.

The turnover has reduced during this period due to the owners impending retirement.

According to the voa website the current rateable value is £17,000, with rates payable of £8,700 per annum.

Please quote reference B04478

More information

Report this listing

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - Hilton Smythe Business Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Oxfordshire
  4. Witney
  5. Avenue Two
  6. Cranbrook Court

© 2024 Zoopla Limited. All rights reserved.

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.