For Sale

Long Standing, Well Established Discount Hardware Store

Dunfermline, Fife

£52,995 +SAV

Ref: 14334 A

Contact sales negotiator

Kai Pollitt-Parry

01204556303

Email Kai Pollitt-Parry

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Description

Hilton Smythe are delighted to welcome to the market this truly unique opportunity to acquire a long standing, well established discount Hardware Store in the busy & popular area of Abbeyview in the town of Dunfermline.

The store is well known locally and has been trading since 1962, building up an enviable reputation which has resulted in a loyal client base. The business has now been placed on the market for sale as the current owner looks to retire.

The business is a real “Aladdin’s cave” stocking a wide variety of goods from hardware, fasteners, ironmongery, household goods, electrical & plumbing supplies, decorating, cabling, DIY & tooling to provide a real one stop shop.

In addition to being very well stocked, there is scope to further increase turnover by embarking on further services to perhaps offer a key cutting service, paint mixing service, along with the introduction of a website advertising with possible “click & collect”. The introduction of a delivery service along with revised opening hours should also be considered.

An outstanding opportunity to acquire a truly unique fully stocked, freehold business.

Early viewing highly recommended.

Tenure

Freehold

We are advised that tenure is Freehold.

Hours

Monday to Saturday: 9:00 am - 5:00 pm

Staff

The business is run and managed by the current owner.

Financial Profile

The business reports a turnover of circa £180,000 per annum.

Location

K & K Factors is located in a double fronted retail premise in a parade of similar mixed-use retail units. The business is located within a well-established residential area on the outskirts of Dunfermline in the popular Abbeyview area of the town.

The 2011 census recorded the town's population at 49,706, however figures released in 2012 estimate Dunfermline's population as 50,380, making it the largest locality in Fife. The town is a major service centre for west Fife. Dunfermline retains much of its historic significance, as well as providing facilities for leisure.

Premises

K & K Factors is located in a substantial double fronted ground floor premises, in a busy retail parade, surrounded by a mix of complementary independent businesses resulting in a good level of footfall.

The property briefly comprises, good sized open plan customer showroom area benefiting from various shelving, free standing displays and racking throughout.

The premises also benefit from having a general office and point of sale customer area with electronic till, large well fitted window displays can be found to the front of the premises.

To the rear there is a kitchen area along with W/C and access to the rear yard for ease of stock deliveries.

Further benefits include steel security shutters and unrestricted on street customer parking.

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