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Retail premises for sale in Kensall Green, London NW10 - Zoopla

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UKInternational LOCATION:
ALL Detached Attached Bungalows Park Homes Flats Land Newbuild
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Retail premises for sale
Kensall Green, London NW10
£250,000
  • Leasehold
  • Well established plumbing and heating supplies business. Price includes the Stock.
  • Income c. £300,000 - £500,000 per annum. Accounts available to view on the viewing.
  • Same ownership since 1980
  • Busy London location
 

Description

Reference - 46251

Description
Ashta Plumbing is a well respected plumbing and heating supplies business, which was established by our client in 1980 and is located on a main road in North West London, amongst other independent retailers, national chains and within a densely populated residential area.

The business has a regular and loyal customer base from not only the local area but also further afield, such is the reputation for the vast stock lines, which have been built up over many years, along with the knowledge of the owner who is very hands on within the business daily and now wishes to retire.

In our opinion, this opportunity would ideally suit an experienced, energetic owner who can take the business on to the next level buy creating an eCommerce website, for example to maximise not only income but also profits, which are already more than £100,000.

A meeting with our client is highly recommended to fully appreciate the business.

Sales
We have been advised that the business generates an income in the region of £300,000 to £500,000 per annum.

Accounts
Accounts can be requested by interested parties.

Trading Hours
Monday to Saturday 07:00–18:00
Sunday Closed

Staff
Ashta Plumbing is managed by the owners with additional staff.

Building External
The busines operates from the ground floor of a substantial mid terraced property with good roadside signage.

Building Internal
The business trades mainly from the ground floor, although it does benefit from having a full height basement, which is used for additional stock.

Once inside the building there is a vast amount of stock housed on traditional style shelving behind the single till and customer reception.

The business is not a self service business where customers walk around the store, therefore customers only have access to the main reception area.

Residential Accommodation
There is no residential accommodation for owners/management available.

Tenure
The vendors own the property and will grant a new Fri lease (subject to contract) for a period of 10/15 years at an initial rent of £30,000 per annum exclusive of rates. Rent reviews will be at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a ideal opportunity for an experienced operator to acquire a well established and well used plumbing and heating supplies business, which benefits from a regular and loyal customer base.

A viewing is highly recommended to fully appreciate the location and business opportunity in general. View more View less
Kings Business Transfer
01772 913303
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   STUDENT
UKInternational LOCATION:
ALL Detached Attached Bungalows Park Homes Flats Land Newbuild
KEYWORDS:
FILTERS