Portswood Hardware, 197 Portswood Road, Southampton, Hampshire, SO17 2NF
- SIZE
Ask agent
- SECTOR
Shop for sale
Key features
- Busy high street location
- YE 30/4/21 Net profit £54,936
- Excellent gross profit margin
- Established business with loyal customers
- No Staff to transfer
- EPC instructed
- Christie & Co Ref: 3818281
Description
Portswood Hardware is a traditional family owned hardware shop which has been run in the same location for over 40 years. The business maintains steady trade from a loyal customer following. The opening hours are short and could easily be extended along with increasing the product lines stocked. There is 5 years remaining of the renewable 10 year lease.
LocationPortswood is a popular area close to the centre of Southampton. It is a largely residential area adjacent to the main campus of the University of Southampton, and as such more than a quarter of residents are students. The shop is located on Portswood road, a busy and thriving high street.
Ground FloorThe shop is on the ground floor with the till on the right as you enter. There is outside covered storage at the rear of the shop.
Other FloorsThe shop benefits from storage on the first and second floors. Please refer to the floorplan provided.
Fixtures & FittingsThe majority of the fixtures and fittings are owned outright and are included in the sale.
StaffNo staff to transfer
Trading InformationAccounts Year End 30th April 2021
Total Sales £247,696
Gross Profit £118,317
Net Profit £54,936
Monday to Saturday 8.45am to 4.00pm
Sunday closed
Leasehold - There are 5 years remaining of the 10 year renewable lease.
Business RatesThe rateable value used to calculate business rates is £22,250 as of 1st April 2023. The owner is currently paying £2775.69 per year.
Energy Performance Certificates
EPC 1Brochures
Portswood Hardware, 197 Portswood Road, Southampton, Hampshire, SO17 2NF
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- St. Denys Station0.3 miles
- Bitterne Station0.9 miles
- Swaythling Station1.3 miles
Notes
Disclaimer - Property reference 3818281-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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