Leasehold Hardware/DIY/Key Cutting Store - Folkestone. Kent

Business Description

LOCATION
Ideally located on the outskirts of Folkestone being surrounded by a large local population, the business is situated on a large parade fronting a main approach road to the town centre and benefits free parking immediately outside.

BUSINESS
This well established hardware store has been in the current vendors hands for the past 28 years and is now for sale due to his semi retirement and his other business interests. Along with the normal hardware stock the business has a strong key cutting trade and also sells bedding plants in the Spring and Summer months on the front forecourt. The business has a good sized semi covered rear yard which is currently used for storage but could be utilized for the sale of more plants and/or garden goods. There is also scope to extend the opening hours which would we feel help increase trade.

TURNOVER
The business has many years trading accounts available with the year ending March 2025 showing sales of £147,683 and a net profit of £43,357.

STAFF
Husband and wife.

HOURS
9am - 5pm Mon to Fri 9am - 2pm Sat

PREMISES
Double fronted shop with wide forecourt to front. Single entrance to Retail Area. Approx 700 sq/ft. Fully fitted with display shelving and racking, central display gondolas', counter with electric cash register, key cutting machines - Rear Office with CCTV monitors. Door to rear yard. Sep. Kitchenette with st/stl sink, water heater. Staff WC with hand wash basin.
Rear Yard: Approx 750 sq/ft with clear plastic corrugated roofing. Store shed and racking.

TENURE
New lease to be granted to the ingoing tenant. Length negotiable. Rent £13,500 PA. (3 year reviews)

EPC RATING
Band B

BUSINESS RATES
None payable.

Property Information

Property:

Leasehold

Premises details:

Double fronted shop with wide forecourt to front. Single entrance to Retail Area. Approx 700 sq/ft. Fully fitted with display shelving and racking, central display gondolas', counter with electric cash register, key cutting machines - Rear Office with CCTV monitors. Door to rear yard. Sep. Kitchenette with st/stl sink, water heater. Staff WC with hand wash basin.<br>Rear Yard: Approx 750 sq/ft with clear plastic corrugated roofing. Store shed and racking.

Business Operation

Trading hours:

9am - 5pm Mon to Fri 9am - 2pm Sat

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed