Electrical Appliance Shop For Sale

Paignton, Devon

£85,000Leasehold + SAV
Automates50-52 Winner StreetPaigntonDevonTQ3 3BQView Map

A well established, highly successful domestic appliance retail and repair business which is being placed onto the open market because of due to retirement. The business operates from large premises with an open plan show room, several stores, workshop, reception area, rear parking and loading area for deliveries. Because of the length of time established, it has been awarded many prime direct dealership agreements which results in low-cost purchase and improved availability. All installations are outsourced. This turnkey business has key members of staff who can run the shop in absence of the owner. Early viewings are highly recommended.

LOCATION

Situated on Winner Street, Paignton. A good secondary trading location in the heart of Paignton. Benefits from high pedestrian and vehicular passing trade. Situated amongst a high-density independent trading retailer and with free short-term parking immediately outside and a pay and display carpark nearby.

BUSINESS

The busines has been owner operated for many decades by the same person who now wishes to retire. With an excellent brigade of knowledgeable staff who can easily run the day-to-day shop and all electrical and gas installations are outsourced to a local tradesman. As well as new items for sale, they also repair/service various machines. There is a website advertising their services but we the agents feel there is tremendous opportunity to expand into e-commerce, improved online presence and bring the electrical & gas installation inhouse. The premises are on a low rent lease with no business rates payable. The premises are available on a new negotiable length lease or nothing hinders should a new incoming buyer wish to relocate to new premises.

ACCOMMODATION COMPRISES

To the front of the premises are floor to ceiling windows and part glazed door to:

MAIN RETAIL/ SHOW ROOM

10.09m x 9.45m

RETAIL AREA 2

4.87m x 3.66m

MAIN STORE 2

8.10m x 2.79m, 3.92m x 2.03m (L-Shaped)

STORE 1

3.63m x 1.51m

WORKSHOP

2.92m x 1.94m

CLOAK ROOM

With a low-level WC and wash hand basin

OUTSIDE

At the front, the shop immediately leads onto the pavement together with ample convenient free parking and to the rear is a ramped level entrance with double doors, bin storage and parking for several vehicles.

FIXTURES AND FITTINGS

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

SERVICES

Mains gas, electricity water and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

BUSINESS RATES

Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk

TENURE

Leasehold

VIEWINGS

All viewings and enquiries are to be made through the agents, Ware Commercial.

TEL. 01803 328880 Email. [email protected]   www.warecommercial.com

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.