Business for Sale in SIDMOUTH, Devon HOMEWARE, HOUSEWARE, HARDWARE, COOKWARE, GIFTS, GARDENING & DIY SUPPLIES

Key Information

Reference

M033838N

Tenure

Freehold

Status

For Sale

Region

Devon

Sector

Homeware Stores

Annual Sales

£823,670.00 Exc. VAT

Accommodation

No

Business Information

Famous high turnover RETAIL OUTLET, offering HOMEWARE, HARDWARE, COOKWARE, ELECTRICAL, DIY, GARDEN ITEMS, and more. Situated in the exclusive EAST DEVON seaside resort of SIDMOUTH, occupying premier town centre trading position, fronting the primary shopping thoroughfare on route to the seafront/esplanade, surrounded by other popular independent and national retailers with shopper’s car parks close ensuring masses of pedestrian foot flow.

Contained within highly valuable premises, very deceptive, one of the largest in the town, extending to the rear a considerable length, being in the region of 7,500 square feet in total, and the subject of recent investment. Offers masses of display space, storage, offices, staff/cloakroom facilities/former apartment, very useful rear car park/delivery facilities.

A particularly well known long established business, same family hands more than 40 years, quite a unique destination business, offers a huge range of items for the home, garden and DIY enthusiast. Enjoying a strong following with considerable repeat regular trade from local resident community, and boost from visitors to the town. A top performing business, proving highly profitable, Sales 2023 £823,670 ex Vat, impressive Gross Profit £379,843 (46%), returns substantial six figure Net Profit, predominantly operated by staff, represents rare opportunity.

Freehold £895,000 sav Ref: M033838N