1. Property photo 1 of 4
  2. Property photo 2 of 4
  3. Property photo 3 of 4
Just added
Business

£750,000

Retail premises for sale

Cambridgeshire, Cambridgeshire CB1

£750,000

Retail premises for sale
Cambridgeshire, Cambridgeshire CB1

    Just added
    Business

    About this property

      Confidential sale: Long establised tool retailer - cambridgeshire

      This is an exceptional opportunity to acquire a highly reputable, long-established tool retail business located in the East of England. Operating for over 22 years and with a loyal customer base built over decades, the business is now being brought to market due to the planned retirement of the current owners.

      Available on either a leasehold or freehold basis, and by way of a company share sale, this business offers further scope for growth – particularly through expanding into online sales, increasing delivery capacity, and leveraging its central position as a supply hub for utility, rail, haulage and agricultural companies.

      This is a confidential sale – interested parties will be required to complete a non-disclosure agreement prior to further information being released.



      business:

      Specialising in hand and power tools, accessories, fixings, fasteners, and consumables, this independent retailer has become a go-to destination for professionals and tradespersons in the many sectors it serves as well as to members of the public.

      The business benefits from a comprehensive product range, sourced through strong supplier relationships and enhanced by membership in a respected buying group which provides significant savings on stock purchases. It services trade and private customers alike, drawing footfall from a wide regional area, with some clients travelling 50+ miles to visit in person.

      Whilst operating from a busy trade counter and showroom there are no direct website sales in place currently, representing an ideal growth opportunity for a new owner to implement an integrated e-commerce strategy.

      With a sizeable number of customers visiting in person on a weekly basis, 500+ credit accounts, and a robust it infrastructure (including Sage-based stock control and up-to-date security systems), this is a business operating on solid foundations.

      Operations are managed by a skilled team of 9 (including the two owners), with a store manager and office manager overseeing daily activity. The current owners’ role is now limited to general oversight and errands offering an ideal structure for an existing established operator to take over but equally suitable for a new owner operator who does not wish to be hands-on full-time.



      premises:

      The business operates from modern, well-maintained commercial premises situated on a thriving industrial estate where no expense has been spared. The location is easily accessible, with excellent transport links and ample onsite parking for both staff and customers. The internal layout has been designed to maximise operational efficiency while maintaining a clean, professional appearance throughout.

      The premises comprise a bright and spacious showroom area, a dedicated trade counter, well-organised storage and workshop space, and offices used for administration and management. The units are fully equipped with up-to-date it infrastructure and modern security features, including CCTV, automated gated access, and a comprehensive fire and smoke detection system.

      There are currently two sign-written delivery vehicles making rounds twice a week, which could also be expanded upon in the hands of a new owner, together with on-site yard space providing easy loading and unloading. The site is further enhanced and benefits from the presence of solar panels.

      The leasehold option is offered with a suggested rent of £30,000 per annum. Alternatively, the freehold (covering both the property and goodwill) is available at £1.15 million. It is intended that the sale will be via a company share sale, with a final price adjusted to reflect the net balance position on a cash-free/debt-free basis.



      key information:

      agents note: This is a business for sale as a going concern, not an empty premises for sale or let.

      Confidential sale: This listing is confidential at the vendor's request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.

      Reference number: M36454E.

      Opening hours: Monday to Friday, 7:30am to 5:00pm. Saturday, 7:30am to 12:00pm. Closed Sunday.

      Tenure: Freehold or Leasehold.

      If acquired on a leasehold basis then a new lease is to be granted to the purchaser on terms to be agreed.

      The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease.

      Rent payable: £30,000 per annum suggested.

      Rates payable: The current rates payable for the premises are £7,934.10 for the 25/26 financial year.

      This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

      Staff: 6 full-time and 1 part-time, plus the two ‘owners’ (one who is a director and the other who is an employee paid via payroll) who work on a flexible part-time basis. Within this is a management team that is in place who are able to run the business on a day to day basis.

      EPC: The Energy Performance Certificates for the units from which the business operates show an ‘A’ rating with a score of 20.

      Price:

      leasehold: £750,000 plus stock at valuation.

      Freehold: £1,150,000 plus stock at valuation.

      Comprising the leasehold or freehold interest and business goodwill. The sale is to be by way of a company share sale with the balance position in the company as at completion payable in addition on a cash free / debt free basis including stock (est. Val. £800k), assets, cash and debtors less all liabilities. Offered for sale as a going concern and not as a vacant premises.

      Viewing: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

      Finance: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

      Business to sell: Thinking of selling your business? That’s our specialty. If you’re curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

      Premier marketing: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.



      disclaimer:

      1. Money laundering regulations: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

      2. Particulars: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

      3. Measurements: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

      4. Services: Please note we have not tested the services or any of the equipment or appliances.

      More information

      Report this listing