Summary - Homeware, Hardware & Pet Foods Business, Essex SS4 1AJ
1 bed 1 bath Shop
**Standout Features:**
- Long-established business with a 14-year trading history.
- Prime market square location with robust foot traffic.
- Additional recently introduced pet food section.
- Profitable accounts indicating a turnover of approximately £80,000 per annum.
- New lease option available, offering potential for continued growth.
- Includes all equipment, fittings, and stock level around £30,000 to £40,000.
**Potential Concerns:**
- Existing lease has 5 years left, which may pose issues for mortgage financing.
- Area has been classified as "hampered neighbourhoods" with high crime rates.
- Business located within an ageing community, which might influence customer dynamics.
Take advantage of this unique opportunity to own a thriving retail business situated in a bustling market square. With a healthy turnover and established customer base, this shop specializes in a variety of homeware, hardware, and pet supplies, including a recently added line of popular pet foods. The bright, open-plan layout maximizes customer flow, while the inclusion of all equipment and stock ensures a seamless transition for new ownership.
While the business currently enjoys a successful trading history, the flexibility for potential renovations and the option for a new lease provide ample opportunity for growth and diversification. Buyers should note the high crime rate in the area and the remaining term on the lease, which may complicate financing options. With a competitive asking price of £29,500, along with the potential for financing available (subject to status), this listing is a compelling choice for entrepreneurs or investors looking to tap into a well-established market niche. Don’t miss out—this business opportunity won’t last long!
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