DIY, Hard/Homeware and Discount Store in Wrexham

£65,000.00

Summary:

– Impeccable reputation
– Excellent social media following
– Offers a wide range of convenience and home items
– Sought-after location
– Competitive prices
– Delivery service
– PayPoint machine
– Key cutting service
– Good commission on click and collect service, National Lottery and PayPoint

 

 

Contact us for more details, or book a viewing.

Once an enquiry has been submitted you will receive a call from our team within 3 business hours.  


    Description

    Business Description:

    Silk Letting Ltd is delighted to welcome to the market this DIY, hard/homeware & discount convenience shop in Wrexham. The business is situated just 4 miles away from Wrexham City Centre. This is a rare opportunity to acquire a first-class business that occupies such an enviable trading position in a busy village town centre.

    This family-run business has been successfully owner-operated for 10 years and is heavily relied upon amongst the local community. The business has an impeccable reputation which has resulted in them becoming a recognised brand within the area. Unlike many other hardware and DIY stores, this business offers a wide range of convenience items and home products at competitive prices resulting in reliable and returning customers.

    As well as an excellent local following, the business benefits from a large social media following. The Facebook page is frequently updated receiving many likes and shares from their 2400 followers. The business has also received many 5* reviews across multiple platforms such as; Google and Facebook which has helped contribute to their continued growth and success. This store strives to offer fantastic services such as; next-day delivery on many products and electrical appliances, a key cutting service, PayPoint machine, The National Lottery stand and a Click and Collect parcel service which has generated high commission earnings.

     

    Location:

    The business occupies a sought-after trading position in a busy town centre. The store is easily accessible from all major A roads and is situated on the main road that is parallel to the A483 which leads directly to Wrexham City Centre. The business is visible to all passing trade and benefits from a car park directly opposite and a bus stop near the property.

    List of local amenities include:

    • Takeaways, pubs & restaurants
    • Home furniture shops
    • Churches
    • Multiple parks
    • Tramline
    • Schools
    • Medical centres
    • River Eitha
    • Motor & tyre stores

     

    Tenure and Financial Profile:

    This property is Leasehold, and the seller rents the property only. The lease agreement is ongoing.

    The current rent is – £9,480 per annum.

    This business benefits from small business rates relief meaning it does not pay any business rates.

    Annual Turnover: Available upon viewing.

     

    Premises, Fixtures, and Fittings:

    There is a car park facing the property. The building operates a CCTV system with 8 cameras and an alarm system. The store occupies a substantial ground floor premises, a large serving area to the front of the property, a spacious stockroom and a staff kitchen to the rear.

    List of amenities:

    • Delivery service
    • PayPoint machine
    • Key cutting service
    • Click and collect service
    • National Lottery stand

    A full stock and asset list will be available upon viewing.

     

    Business Hours:

    The business currently operates:

    Monday to Saturday from 8 am – 5 pm.

    Sunday – Closed.

     

    Reason for Sale:

    The owner is selling due to other business commitments, this creates the perfect opportunity for any new owner to take over an already well-established, profitable and reputable business.

     

    Growth Potential:

    This business currently operates daytime opening hours, however, under new ownership, the opening hours could be extended which would increase the business revenues further.

    Opportunity to create an online marketing strategy for the business such as; selling and delivering items via a customised marketing website, Deliveroo etc. This could expand the target market to reach a whole new customer demographic.

    Opportunity to expand the stock variety to bring in new customers and increase customer satisfaction.

     

     

    **This is a fantastic opportunity not to be missed**

    Viewings are by appointment only and all enquiries are to be directed to Silk Letting Ltd!

    Contact Keeley on –  0161 507 9791 or businesssales@silkletting.co.uk