Freehold Hardware Store with Strong Customer Base, Spilsby, Lincolnshire

The store operates from a significant freehold property, presenting an excellent opportunity for expansion or diversification. The premises include spacious retail areas across the ground and first floors, alongside ample storage space across multiple levels. The business has embraced a tradition of exceptional customer service, leading to a loyal customer base and outstanding retention. Yet, it also harbours untapped potential in e-commerce and unused space that could further increase its retail footprint or serve as a base for a tradesperson.

Financially, the business is a beacon of profitability, with a NET turnover of £446,936 and an adjusted net profit of £92,831 for the last financial year. It benefits from comprehensive financial records, demonstrating consistent profitability over the years. This turnkey operation is ready for a new owner to step in and drive it forward, benefiting from full support and training during the transition period to ensure a smooth handover.

• Turnkey hardware store in Spilsby
• High net profit: £92,831 annually
• Freehold with expansion potential
• Established in 1937 with loyal clientele
• E-commerce growth opportunity
• £446,936 NET turnover
• Prime location with parking
• Support/training provided for a smooth transition

Offers around £245,000 +Stock at Valuation | Business Ref: HA35692G

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