Property photos
£245,000
Retail premises for sale
Spilsby, Lincolnshire PE23Local area information
Property location
Nearby amenities
- Spilsby Primary School 0.2 miles
- King Edward VI Academy 0.3 miles
- Thorpe Culvert 5.5 miles
- Wainfleet 7.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Discover an exceptional opportunity in the heart of Spilsby, Lincolnshire. On offer is a long-established and profitable hardware store rooted in the community since 1937. This business is a testament to enduring quality and customer loyalty, boasting a solid reputation for its extensive range of diy consumables, power tools, agricultural supplies, and much more. With a prime location that benefits from convenient on-street parking and additional nearby car parks, it offers an ideal setting for continued commercial success.
The store operates from a significant freehold property, presenting an excellent opportunity for expansion or diversification. The premises include spacious retail areas across the ground and first floors, alongside ample storage space across multiple levels. The business has embraced a tradition of exceptional customer service, leading to a loyal customer base and outstanding retention. Yet, it also harbours untapped potential in e-commerce and unused space that could further increase its retail footprint or serve as a base for a tradesperson.
Financially, the business is a beacon of profitability, with a net turnover of £446,936 and an adjusted net profit of £92,831 for the last financial year. It benefits from comprehensive financial records, demonstrating consistent profitability over the years. This turnkey operation is ready for a new owner to step in and drive it forward, benefiting from full support and training during the transition period to ensure a smooth handover.
Offers around £245,000 +Stock at Valuation | Business Ref: HA35692G
By requesting information about this business, you agree to be contacted by emf regarding this enquiry and other relevant opportunities. You may opt-out at any time. For more details on how we use your information, please refer to our privacy policy at
The store operates from a significant freehold property, presenting an excellent opportunity for expansion or diversification. The premises include spacious retail areas across the ground and first floors, alongside ample storage space across multiple levels. The business has embraced a tradition of exceptional customer service, leading to a loyal customer base and outstanding retention. Yet, it also harbours untapped potential in e-commerce and unused space that could further increase its retail footprint or serve as a base for a tradesperson.
Financially, the business is a beacon of profitability, with a net turnover of £446,936 and an adjusted net profit of £92,831 for the last financial year. It benefits from comprehensive financial records, demonstrating consistent profitability over the years. This turnkey operation is ready for a new owner to step in and drive it forward, benefiting from full support and training during the transition period to ensure a smooth handover.
- Turnkey hardware store in Spilsby
- High net profit: £92,831 annually
- Freehold with expansion potential
- Established in 1937 with loyal clientele
- E-commerce growth opportunity
- £446,936 net turnover
- Prime location with parking
- Support/training provided for a smooth transition
Offers around £245,000 +Stock at Valuation | Business Ref: HA35692G
By requesting information about this business, you agree to be contacted by emf regarding this enquiry and other relevant opportunities. You may opt-out at any time. For more details on how we use your information, please refer to our privacy policy at
More information
Listed by
Everett Masson & Furby
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Property descriptions and related information displayed on this page are marketing materials provided by - Everett Masson & Furby. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information.