For Sale

Beautifully Presented Household Goods Store

Hay-on-Wye, Herefordshire

£44,995 +SAV

Ref: B05226

Contact sales negotiator

Rob Walker

01204556327

Email Rob Walker

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Description

Hilton Smythe are pleased to have been given the opportunity to manage the sale of Days Household Goods Limited which is a well-established business with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

Days Household Goods Limited was founded by the current owners in 2015 when they identified a gap in the market and the business has been a real labour of love for them. The business has flourished with many regular and returning customers and turnover increasing significantly each year.

Alas the time has come to sell this wonderful business, only due to their other commitments in the town. The vendors are keen to see their beloved homeware and gift shop pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Days Household Goods Limited Is an independent, family run business that prides itself on its products, friendly and relaxed atmosphere and exceptional customer service. Offering latest trending styles in gifts and greeting cards for all occasions they offer some amazing brands locally through the retail shop. They also work with a selection of local Welsh producers in order to offer something a little different.Days Household Goods Limited houses a carefully curated collection of items bringing together Scandi Hygge and Welsh cwtch. The business sells the finest Welsh blankets, ceramics from Portugal, Denmark and Germany, an enormous selection of traditional brushes, enamelware, Duralex glasses and a truly eclectic range of interesting products such as;
Wander Lust Life Jewellery
Brushed cotton pyjamas
Bistro dining sets
Cookbooks
Reusable and sustainable cups
Towels
Bathroom accessories
Bees wax wrap
Candles etc


The sale will include the company Facebook page and the business enjoys great visibility on the internet.

Scope to improve


  1. Advertising and marketing campaign
  2. Maximise the use of social media
  3. Website with an e commerce facility. This would increase turnover quickly and significantly
  4. Explore online voucher discounters such Groupon and Wowcher
  5. Introduce a loyalty card / scheme
Reasons to Buy


  1. A well-established business with an enviable reputation and many existing customers
  2. Perfect trading position in the heart of Hays shopping area
  3. All fixtures and fittings included making this a real Turnkey business opportunity
  4. Owners happy to offer a handover to ensure the continued success
  5. Ideal owner managed or partnership business
  6. Possible bolt on business
  7. Low running costs with inexpensive rent and no business rates
  8. An exciting lifestyle business offering a lucky new owner the opportunity to work in the beautiful town of Hay
  9. A real opportunity to increase turnover significantly, current owners have been running at a pace to suit due their other business interests.
  10. Priced to facilitate a quick sale.
Hilton Smythe highly advise early viewing to avoid disappointment

This lovely little business is likely to attract considerable interest.

Tenure

Leasehold

We are advised that the Days Household Goods is being sold as a leasehold business opportunity. The existing 5 year lease has a year remaining, but we are advised that that the landlord would be happy to negotiate a mutually acceptable lease with a new owner. The rent is £14,400 which is really reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates.


Hours

Monday to Sunday 10am-5pm


Staff

The business is run and managed by our two clients with the help of two part time members of staff.


Financial Profile

Days Household Goods Limited generates an advised current turnover of circa £150,000 per annum and the business continues to grow at an impressive pace.

Location

Days Household Goods Limited is located in Hay-on-Wye in Herefordshire.

Hay-On-Wye is a pretty little town swept by the River Wye on the north, with the Black Mountains and the Brecon Beacons to the south and west, and the lush agricultural land of Herefordshire to the east. It is famous as “The Town of Books”, and for the annual Hay Festival.

Hay-On-Wye is friendly, lively and vibrant and, unsurprisingly for a town with such individuality and literary associations, is twinned with Timbuktu, which itself has the oldest Islamic library in the world.

Hay is used to welcoming visitors drawn by the books and by its annual literary festival. President Clinton, speaking there in 2001, called Hay ‘the Woodstock of the Mind’. There are dozens of second-hand bookshops.

Tourist gift emporiums full of trinkets are mercifully absent as are one-way-through-traffic systems and multiples. Instead there is a good range of practical shops as well as antique and high quality art and craft shops, plus high fashion boutiques and practical country wear shops. On Thursdays the market stalls scattered about the town do a roaring trade and the streets are full of groups of people exchanging news.  Any number of pubs, cafes and take-always can also be found and there is a wide choice of accommodation in the town and surrounding countryside.

Hay-On-Wye has more energetic attractions. It’s a good base for serious walking in the protected countryside of the Brecon Beacons National Park. Pen-y-fan at 886 metres is the highest point in southern Britain. Offas Dyke Path, which extends 173 miles along the England-Wales border between Prestatyn and Sudbury Cliffs near Chepstow, runs through Hay. Then there’s canoeing on the Wye, sailing on nearby Llangorse Lake, Off-Road mountain biking, Rick climbing, caving, fishing and gliding.

Days Household Goods Limited is ideally positioned in the main shopping area of the town alongside other complimentary, independent retail businesses and thus benefits from high levels of footfall and footfall.

The business is beautifully presented and maintained with clear visible signage and distinctive livery and with a real ‘upmarket’ feel. There is free on street parking just along from the premises and there is an inexpensive, public car park within easy walking distance.

Premises

Days Household Goods Limited occupies two floors of an attractive, end terraced period style property, is beautifully presented and fastidiously maintained and briefly comprises;

Shop
Dual aspect with windows to front and side and a glazed front door creating a light airy and inviting interior, cleverly designed to maximise the space available with lovely timber flooring, expensive looking pendant lighting emphasising the high ceilings, window display areas, period style authentic shelving, period counter, perimeter shelving, central display tables, stairs to first floor


First floor
To the first floor are a generous galleried landing and two showrooms with an upmarket feel. Wooden floors and period detailing, bespoke steel and timber shelving units, raised display areas.
Wooden ladder style shelving, feature timber balustrading, pine effect display unit.


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