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Retail, Long Sutton, Lincolnshire

£449,950

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Commercial property for sale

Key features

  • Prime trading position in the heart of this bustling market town
  • Retirement sale after over 20 years
  • Trades in very easy hours over five and a half day week, closing no later than 2pm daily
  • Adjusted net profit in excess of £51,000

Description

HARDWARE AND DIY in Lincolnshire for Sale.

Ernest Wilson are delighted to bring to market this impressive and long established hardware and DIY business which has been under the same ownership for over 20 years. Our clients are now seeking a well-earned retirement. The business trades in very easy hours over five and a half day week, closing no later than 2pm daily, offering tremendous scope for enthusiastic new owners to trade more regular daytime hours and develop online sales and delivery service to boost trade. Accounts to February 2024 show an adjusted net profit in excess of £51,000. Weekly turnover £5,900 to £6,000. The business trades from substantial premises which occupy a prime trading position in the heart of this bustling market town with easy roadside parking. Our clients own the property and will either sell outright or alternatively offer a new lease to the purchaser. Comprising substantial three storey premises with four large display windows. Ground floor cash out facility, various departmental display areas offering hardware, paint and decorating, homeware, gardening, tools and ironmongery, cycling amongst others. Goods lift to first floor. First floor is presently used primarily as storage but is ideal for development in to additional retail showroom space or could be sublet to generate additional income (subject to formal Landlord’s consent). Store room, staff area, kitchen and WC. Second floor storage space. Our client leases a 2023 Ford Ranger Wildtrak through the business which is available with the business sale. Early inspection is highly recommended here.
Stock £125,000. EPC Band B.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

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Disclaimer - Property reference 590825. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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