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Commercial Property for sale

Kents Avenue, Hemel Hempstead, Hertfordshire, HP3

Leasehold £75,000
172 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,851 sq ft (172 sq m)

Key features

  • REF 12576
  • LEASEHOLD BUSINESS
  • CLEANING MATERIALS BUSINESS
  • RELOCATABLE OPTION

Full description

Tenure: Leasehold

LOCATION
Janitorial Warehouse occupies substantial ground floor, lock-up industrial premises, ideally located on a busy industrial estate in Hemel Hempstead, Hertfordshire. The business is surrounded by a wealth of complementary businesses and benefits from a high volume of passing trade. The business further benefits from good car parking facilities to the front of the premises.

Hemel Hempstead is a large new town in Hertfordshire, 24 miles northwest of London and is part on the Greater London Urban Area. According to the 2011 census, the town had a residential population of 94,932. The town has a mixture of heavy and light engineering companies and has attracted a significant number of information technology and telecommunications sector companies, due to its proximity to London and the UK motorway network.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is Apsley, which is less than half a mile away. The area is also well served by the A-roads, with the business located just off the A4251, which links to the national A-road and motorway networks. St Albans is approximately 7 miles away and Watford is 7 miles away.

BUSINESS
LEASEHOLD OR RELOCATABLE OPTION

Hilton Smythe are delighted to welcome to the market this busy and popular supplier of professional cleaning supplies and machines in Hemel Hempstead, Hertfordshire.

The business was established by our clients in 2014 and is only now being offered to the market due to our clients' desire to concentrate on other business interests. The concern operates 5 days per week and generates a turnover of 332,000 per annum.

Our clients' offer a wide variety of industrial, commercial and domestic cleaning products including Bona, Craftex, Ettore, Jeyes, Numatic, Prochem, Robert Scott, Sebo, Seldon, SYR and Unger, to name a few, as well as cleaning machines. The business is currently sending out approximately 40 orders per day, as well as over the counter sales.

Our clients already have an excellent and informative website in place at www.janitorialwarehouse.co.uk, which offers online ordering facilities. The website was launched in April 2015 and sales are rapidly increasing, already reaching sales in excess of 130,000. The business also sells through various shopping channels. The property offers 172 sq. metres of floor space and is well fitted out to suit the trade.

The business has built up an enviable reputation within the area and further afield 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 offering Saturday trading. A new owner could also embark on a modest marketing campaign to highlight the goods and services offered. There is also the opportunity to increase website sales by adding to the current product range. Our clients are willing to offer a handover period to any new purchaser.

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.

PREMISES
Substantial ground floor premises in an ideal trading position, briefly comprising:

Main retail shop, which is fully shelved with branded units and fixed wall shelving.
Fixed serve over counter and reception office.
Management office with two desks.
Door into a large storage unit with floor to ceiling bespoke shelving units and full height electric shutter door.
Mezzanine level for further product storage.

The combined size is approximately 2,000 sq. ft.

External:

3-4 parking spaces to front of unit and a customer parking area.
TENURE
We are advised Leasehold or the business can be relocated along with the website and vans.

Original lease length: 5 years
Remaining lease length: 5 years
Review every: 5 years
3-month contract break clause
Rent: 13,750 per annum

HOURS
The business is open:

Monday - Friday: 8.00am - 5.00pm
Saturday - Sunday: Closed

STAFF
The business is owner run and managed with 1 x staff member.

FINANCIAL PROFILE
The business generates a turnover of 332,000 per annum.


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