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Well Established Freehold Hardware Business

 
Newtongrange, Lothian, United Kingdom
 
Advert ref: G522
 
FINANCIAL DETAILS
 
Asking price: £79,000
 
Sales revenue: < £200k
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The business has been family run since its opening in 1927 and is now on the market due to retirement of the present owner.

The hardware store has an excellent reputation due to its large and varied stock at competitive prices. It attracts custom from all over Midlothian and Edinburgh as people know they always have stock of everyday essentials.

The business has seen off large competition and has become a big part of the local community. It offers a warm, friendly service resulting in a high level of repeat custom


GENERAL INFORMATION
 
Years established: 80 years
Employees: The business is run by the owner and family
Trading hours: 9am - 5pm Mon, Tue, Thu and Fri, Wed 9am-12.30pm, 9am - 4pm Sat.
Property: Freehold

Location
The business is located on Main Street in the heart of Newtongrange, Midlothian. Main street is just off Murderdean Road on the A7 connecting Newtongrange with Edinburgh and the Scottish borders.

The premises are set in the centre of a parade of quality local retailers in a large residential area. They benefit from a large ground floor retail shop, 55m² (583sqft), with a main serving area and a large display area, including two large display windows.


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The Business Partnership - Scotland - Central & West
 
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Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30