Discount Store Including DIY Household Goods Plus Key Cutting For Sale
South London,London,UK, ID 138326
Сontact with me Owner's representative
Description
Retail Business for Sale – Prime Main Road Location
South West London
Overview
This is an opportunity to acquire an established retail business trading from a prominent main road position in South West London. The shop forms part of a retail parade in an area experiencing continued growth, supported by new residential developments and nearby office accommodation. This expanding local catchment helps drive regular footfall and steady passing trade.
Premises
The business operates from a spacious unit with an estimated sales area of approximately 900 sq. ft. The shop is well presented and fitted for immediate trading, with carpeting, shelving, display stands, a service counter, and an electronic cash register already in place.
- Sales area: approximately 900 sq. ft
- Small stockroom to the rear
- Staff WC and wash hand basin
Location
The premises occupy an excellent trading position on a busy main road in South West London. The surrounding area is developing, with additional housing and local employment space being introduced nearby, supporting long-term demand and potential uplift in customer numbers.
Trading Performance
According to information provided by the owner, the business currently averages weekly turnover of approximately ?2,500 to ?3,000. This aligns with an estimated annual turnover of around ?143,000. Gross profit is reported to be approximately 50%, indicating a healthy margin profile for the sector.
Staffing
The business is presently run by the vendor with support from one part-time member of staff. This structure may suit an owner-operator, or a buyer looking to introduce additional staffing to extend trading hours and increase capacity.
Financial Summary
- Asking price: ?55,000
- Annual turnover: approximately ?143,000
- Net profit: undisclosed
The asking price includes the benefit of a secure, renewable lease, goodwill, and fixtures and fittings. Stock is available at valuation and is estimated at approximately ?35,000.
Funding Note
A substantial loan may be available to approved applicants, subject to status and lender criteria.
Opportunity Summary
With a strong main road position, a growing local catchment, and established trading figures, this business offers a practical acquisition for buyers seeking an operational retail unit with immediate income and scope for further development.
Details
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