Summary - THE MELROSE, HAMLET COURT ROAD SS0 7LJ
1 bed 1 bath Shop
**Standout Features:**
- Established hardware and general store with strong local reputation
- Profitable accounts demonstrating a healthy turnover (approximately £80,000 annually)
- Prime main road location with significant foot traffic
- Opportunity for expansion with unused retail space available at the rear
- New lease available for around £10,000 annually, with stock negotiable
**Potential Concerns:**
- Current operation run solely by the seller, requiring new ownership adjustments
- High local crime rate may be a consideration for potential buyers
Discover a unique investment opportunity with this long-established general store and hardware shop located on a bustling main road on the outskirts of Southend on Sea. Boasting a respectable turnover of around £80,000 per annum, this thriving business is well-known within the community for its variety of competitively priced products. With substantial foot traffic and an excellent local reputation, a dynamic new owner will find abundant scope to enhance operations, including the potential for introducing additional services and product lines to utilize the currently untapped retail space at the rear.
This double shop front provides a spacious main sales area complete with racking, commercial fixtures, and a staff room with essential amenities. The premises come with a new lease option for a competitive rental rate, making this a viable long-term investment. Although the business is flourishing, it is being sold due to the owner’s impending retirement, presenting a rare chance for motivated buyers to step in and capitalize on a stable income stream with room for growth. Don’t miss out on making your mark in this vibrant location!
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