Retail premises for sale in Lower Keys Business Park, Keys Park Road, Hednesford, Cannock WS12

£600,000
Retail premises for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property features

  • Industrial Estate Trading Position
  • Fully Relocatable
  • Accounts Available Year End 31st March 2020
  • Annual Turnover £875,253
  • Gross Profit £317,826
  • Accounts Available After Viewing
  • Established 2012
  • Retirement Sale
  • Active Amazon & Ebay Accounts
  • Repeat Customer Base
  • Excellent Reputation
  • Scope To Expand Product Lines
  • Potential For Social Media Drive
  • EPC - E

Property description

Ref 7581 – Leasehold Online Building Material Supplier
Blacks Brokers are pleased to bring to the market this leasehold online building material supplier currently located in Cannock, Staffordshire.


Introduction


Homesmart was established by our client in 2012 and due to expansion moved to it’s current position in 2018. The business offers a wide range of building and household materials and has a comprehensive website with online shop as well as active Amazon and two eBay accounts. The Homesmart eBay account can list up to 22 million items per month with a sale limit of £1.2 million per month gaining 113,000 feedbacks . The Stage Motor Sport eBay account can list up to 1.5 million items per month with a sale limit of £264,000 per month gaining 53,000 feedbacks . It has become very well known in this sector and has a strong base of regular customers in place. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google.


Location


Homesmart occupies a prominent trading position within a highly sought after industrial estate. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples. The industrial estate is close to the centre of Cannock, Cannock Chase Hospital and Cannock Shopping Centre. The area is well linked by the M6 with very strong public transport links and parking is available immediately outside the property.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a two year lease which began in March 2021 at a cost of £220 per week.


Staff


The business operates with six members of staff in employment supporting our client working on a full time basis.


Financial details


Homesmart has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 31st March 2020 show annual turnover of £875,253 and gross profit of £317,826. Full financial information is available upon request.


Business rates


Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This long established business occupies an enviable trading position in a well linked area of Cannock. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and a strong marketing drive – particularly via social media. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £600,000.

Please quote ref: 7581

Business Accommodation

Building layout and design

Homesmart operates a spacious unit with signage and branding displayed above a welcoming glazed entrance. Inside, there is a customer servery area, private office and large warehouse for storage with a dedicated packing area. All areas are well equipped and presented well.

Fixtures & Fittings

Full List Available On Request

Opening Hours

Mon - Fri: 09:00 - 17:00

Arrange Viewing

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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