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Butlers Leap, Rugby, CV21

£100,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

DIY, PACKAGING & COURIER COMPANY - WARWICKSHIRE
Repeat custom built on an outstanding reputation
Long established and highly reputed business
Early viewing essential to fully appreciate
Situated in the bustling town of Rugby
Advised annual turnover of 400,000
Scope for further development
Genuine reason for sale
LEASEHOLD


Location

This superb DIY store is located in the beautiful market town of Rugby, Warwickshire. The business benefits from having a prime, highly visible trading location on a trading estate on one of the town's main through roads. The area has a fine selection of retailers and commercial businesses which draws shoppers to the area throughout the year. The town also has a high amount of businesses ranging from SMEs to large corporates which provide a solid local customer base. Rugby is a truly beautiful town which offers a fine standard of living. The town offers exceptional housing, superb shopping, award winning schools, weighable NHS services and beautiful open countryside. Rugby is most famous for the invention of rugby football. Legend has it that the game was invented by William Webb Ellis in 1823 at Rugby school, which is near the centre of Rugby.


Business History

Meridian Business Sales are delighted to offer for sale this DIY/hardware store which was established by our clients in 1995. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since the business was established they have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that annual turnover currently runs at 400,000 which is derived from the sale of DIY/hardware products as well as offering packaging and refrigerated courier services. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 400,000pa
Gross profit: 132,000pa
Stock approximately: 200,000


Tenure

Leasehold
Original length: 9 years
Remaining: 16 months
Rent: 31,000pa
Opening Hours

Monday: 8:00am - 5:00pm
Tuesday: 8:00am - 5:00pm
Wednesday: 8:00am - 5:00pm
Thursday: 8:00am - 5:00pm
Friday: 8:00am - 5:00pm
Saturday: 8:00am - 12:00pm
Sunday: Closed


Accommodation

Large well signed property, briefly comprising:

GROUND FLOOR
Secure entrance leading to

Reception/welcoming area

Staff room with kitchen

Office

Toilet facilities

Large retail area with ample displays, wall shelving, free standing displays and payment counter

Packing area

Delivery area

Storage room

FIRST FLOOR
3 offices
Work space
Kitchen

EXTERNAL
Off road parking for approximately 10 vehicles

Nearest station

  • Rugby (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Rugby (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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