Details - Stewart and Watson

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THE TRADING POST, 26 EAST CHURCH STREET
BUCKIE, AB56 1AB
Well Established Hardware Store
 Prime trading location in busy town centre
 Sales £276,268 (excl. VAT). Adjusted net profit circa £77,000 p.a
 Full EPOS controlled stock management & ordering system
 Retirement sale after 22 years. Stock available at valuation.
 Floor Area approx 128 square meters (1380 sq ft).
Asking Price £229,000
www.stewartwatson.co.uk
THE TRADING POST, 26 EAST CHURCH STREET, BUCKIE, AB56 1AB
TYPE OF PROPERTY
We are pleased to offer for sale this well
established hardware business with shop
premises, which occupy a prime trading
location, central in the coastal town of
Buckie.
The Trading Post has been a family run
business now for over 22 years, but the
current owners are looking to sell due to
retirement.
The business enjoys a good reputation in
Buckie, but still attracts customers from the
wider Moray area due to its large stock
selection, service and knowledge of the
owners and staff.
The Trading Post
currently holds over 3,000 trade lines with
the majority of sales driven from private
retail customers and only a very small
percentage from trade customers.
The owners presently stock an extensive
range of products including hardware,
gardening equipment, ironmongery, power
tools, cookware and electrical goods. It also
offers a wide selection of pre-mixed Dulux
paints and the use of a Dulux paint-mixing
machine, which extends the range further.
Other services include photo-copying/faxing,
key cutting, passport photographs and a
carpet cleaner, which is available for hire.
The quality and care shown by the owners
during their years of ownership is rarely seen
in the market place today, over the years
they have re-invested in the premises and
also in EPOS (Electronic Point of Sale)
systems, which provide accurate controls in
sales, stock, ordering and label printing. The
EPOS system has been a key success to the
business with the owners being able to
monitor stock levels and maintain excellent
profit margins.
The combination of steady sales, high profit
returns and opening hours (a 6-day trading
week) to suit the owners convenience makes
this a wonderful opportunity for any buyer
and one that should not be overlooked.
ACCOMMODATION
Electronically operated entrance door allows
access into the main sales area from East
Church Street, with 2 large display windows
allowing maximum visibility from vehicular
and pedestrian traffic.
The subjects form the ground floor of a
traditional building in a mid terrace position
and comprise of a large open plan L-shape
ground floor sales area, stock room, staff
room/kitchenette, office, staff toilet and attic
storage space.
A number of product displays can be found
along the front pavement, helping entice
potential customers to browse and enter the
premises.
Internal Details
The premises have been well maintained and
are well equipped. Modern suspended ceiling
and tile effect laminate flooring. Slat wall
panels provide adjustable racking heights and
several aisle gondolas with various shelving
units provide excellent display space. The
sales counter in the main shop has an EPOS till
with a secondary EPOS till being found at the
service desk in the rear sales part of the shop.
Other major equipment in the shop include:- 4
key cutting machines, an electronic car key
reader, Dulux paint mixing machine, CCTV
surveillance system, burglar alarm system,
passport photo services, printer/photocopier
and carpet cleaner available for hire.
THE TRADING POST, 26 EAST CHURCH STREET, BUCKIE, AB56 1AB
Accounts
Full Trading Profit & Loss Accounts can be
made available to seriously interest parties
ONLY after formally viewing the business or on
request of their solicitor or accountant.
2015
Sales £276,268 (excluding VAT)
Gross Profit £135,381
Adjusted Net Profit (approx) £77,000
Current Trading Hours
Monday to Friday: 9.00am – 5.30pm
Saturday: 9.00am – 5.00pm
Sunday: Closed
Fixtures & Fittings
We have been advised that all fixtures and
fittings are owned outright by the business with
the exception of the Dulux paint-mixing
machine, which is available on a free loan, but
subject to £100 per annum service contract.
Staff
In conjunction with the 2 full-time owners the
business currently employs 4 part-time members
of staff who work varied hours. Further details
of hours and rates of pay can be made available
on request post viewing.
SERVICES
Mains water, electric, gas and drainage.
Gas central heating.
Business Rates
The Rateable Value is £8,000 for the year
commencing April 2014. Our clients currently
benefit from small business rates relief and no
rates payable. Purchasers should make their
own enquiries with the local Assessors
Department.
EPC Banding
EPC=F
Viewing
Strictly by appointment only which can be
arranged by contacting our Buckie Office on
01542 833255
Email buckie.property@stewartwatson.co.uk
Reference
Buckie/CF
These particulars do not constitute any part of an offer or contract. All statements contained therein, while believed to be correct, are not guaranteed. All
measurements are approximate. Intending purchasers or leasees must satisfy themselves by inspection or otherwise, as to the accuracy of each of the statements
contained in these particulars.
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