Well Established Hardware Shop For Sale

Business
Please quote reference B07776

CoGoGo are delighted to bring to the market L D Smith Hardware, a highly rated Hardware Store in Mirfield, West Yorkshire. 

The business first opened its doors over 125 years ago and has been a family run business with our clients for the last 30 years. As seen by the online ratings and reviews, the business is popular with the local area, building up an excellent reputation and regular customer base. 

L D Smith Hardware has now come to the open market due to other commitments. 

L D Smith Hardware is hardware retail store that stocks a vast range of products including;

• Cleaning
• DIY
• Gardening
• Car accessories
• Home hardware

Key selling points –

• Extremely well established
• Well known in the area and further a field
• Outstanding reputation
• Ample footfall
• Repeat trade
• Low overheads

Scope for further growth –

• Introduce online sales via their website
• Increase trading hours
• Look at marketing and advertising

Location
L D Smith Hardware is situated on Huddersfield Road in Mirfield, West Yorkshire.

Due to its location on a main road, it receives high levels of footfall and passing trade.

There is ample parking in the area. 

Premises
Ground floor unit –

• Large open plan service area with ample racking and shelving.
• To the rear of the premises is a storage room an WC.

Tenure
We are advised that the business is being sold on a Leasehold basis, currently on a 15 year lease. The current rent is £1,250 per month. 

Hours
The current trading hours are –

Monday to Saturday – 10:00am – 3:00pm

Sunday – Closed

Staff
We are advised that the business has 2 members of staff. 

Financial Profile
We are advised as per the 2023 year end accounts, the business is projected to generate a turnover in the region of £113,000. Further financials can be made available upon request.