Profitable Hardware Business For Sale At, 1-3 Hamilton Road, Bangor, BT20 4JP

Offers Around

£100,000

Typical Mortgage

per month

Business

Contact Agent

Neill Estate Agents (Bangor)

Description & Features

We are delighted to offer this excellent opportunity to purchase an established local business, goodwill, fixtures and fittings. Briterome is a long established hardware store trading in Bangor since the 1930's offering a wide range of products. The property and business benefits from being in a prominent retail location with high levels of vehicular and pedestrian traffic. There is free on street parking outside the door and a pay and display car park to the rear of the building. Briterome has an active online presence with a user friendly website: https://www.briterome.co.uk/. The present owner has run the business for over 30 years and now wishes to retire. Accounts are only available to bona fide interested parties through their professional advisors such as accountants or solicitors.

Long Established Hardware Store Trading Since The 1930's
Business Being Offered For Sale As A Going Concern Due To Retirement Of The Current Owners
Three Story Building With Good Levels Of Passing Traffic And Footfall
Established And Loyal Customer Base
Gas Heating / Solar Panels
Building is Circa 2820 Sq Ft
Free On Street Parking And Nearby Pay And Display Public Car Parks
A Lease Will Be Granted With Terms To Be Negotiated Suggested 5 Year Term With Rent Of £18,000 Per Annum Plus Rates
Audited Accounts Available To Bona Fide Interested Parties Through Their Professional Advisors

Room Measurements

ENTRANCE PORCH:: Automatic doors at rear
SHOWROOM: 12.14m x 8.79m (39' 10" x 28' 10"): Suspended Ceiling with square LED panel lighting.
SHOWROOM: 12.14m x 8.79m (39' 10" x 28' 10"): Suspended Ceiling with square LED panel lighting, access to rear stairwell giving access to ground and first floors
OFFICE: 4.07m x 3.4m (13' 4" x 11' 2"): Single panelled radiator, phone point
MALE TOILETS: 2.5m x 1.59m (8' 2" x 5' 3"): Low flush WC, wash hand basin
FEMALE TOILETS: 2.5m x 1.47m (8' 2" x 4' 10"): Low flush WC, wash hand basin, single panelled radiator
STORE: 2.49m x 1.21m (8' 2" x 4' 0"): Wash hand basin
KITCHEN: 5.61m x 3.14m (18' 5" x 10' 4"): Range of fitted units, stainless steel sink unit, gas boiler, two velux windows, double panelled radiator
STORE: 8.68m x 4.86m (28' 6" x 15' 11"): Single panelled radiator
STORE: 2.8m x 1.33m (9' 2" x 4' 4")
RATES:: NAV: £17,800 = £9296.94 this does not include any reductions for rates relief, exemptions or emergency measures introduced to assist those impacted by Covid-19.)
RENT:: An initial 5 year term is available at an annual rent of £18,000 Per Annum
PRICE:: Offers are invited for the purchase of the business in the sum of £150,000
OPENING HOURS:: Monday to Saturday: 09:00 to 17:30
STAFF:: 1 Member of Staff
VIEWING:: Strictly by appointment through agents
CUSTOMER DUE DILLIGENCE:: As a business carrying out estate agency work we are required to verify the identity of both the vendor and purchaser as outlined in the following: The Money Laundering Terrorist Financing and transfer of funds (Information on the payer) Regulations 2017 (-http:/www.regulations.gov.uksi/2017/692/made.