_Business_
_Please quote reference B07322_
Hilton Smythe are delighted to welcome to the market Evans diy, a highly rated
hardware and diy store in Newcastle Upon Tyne.
Evans diy was originally established in 2002, with our client taking over in
2018. The business is extremely popular within the local area, building up an
excellent reputation and regular customer base.
The business has now come to the open market due to our clients desire to
pursue other interests.
Evans diy is an extremely well stocked shop selling a range of hardware
products along with -
* Diy Products
* Gifts
* Helium Balloons
* Greeting cards and gift bags
* Toys
* Pet food and snacks
* Cleaning products
* Sand, cement and plaster
* Flowers and plants
* Garden products
* Buckets, mops and brooms
* Plant pots
* Step ladders
* Tools
* Paint & brushes
* Key cutting
Key selling points -
* A well established business with an enviable reputation and many regular customers
* Prime trading position with lots of footfall and free parking
* Current owner happy to offer a handover to ensure the continued success
* Ideal owner managed or partnership business
* Perfect business for someone looking for their first foray into self employment
* Low running costs with inexpensive rent and no business rates
Scope to improve -
* Advertising and marketing campaign, a local leaflet drop usually yields good results
* Maximise the use of social media particularly Twitter and Instagram
* Website ideally with an e - commerce facility
* Start an eBay shop to increase turnover
* Introduce a customer loyalty card / scheme
All fixtures, fittings, key cutting machines and CCTV/alarm systems are
included in the sale of this business.
_Location_
Evans diy is located at the Kenton Retail centre on Halewood Avenue in
Newcastle Upon Tyne.
The business has eye catching signage and receives high levels of footfall and
passing trade
_Premises_
The business occupies a premises ideally suited to the trade with generous
retail area, a useful storeroom, kitchenette and WC.
The business is nicely presented and maintained with clear visible signage
There is a wealth of free parking close by.
_Tenure_
We are advised that the business is being sold on a Leasehold basis, currently
on a 10 year lease, with 5 years remaining. The rent is £8, 900 per annum.
_Hours_
The current trading hours are -
Monday to Friday – 9: 00am – 4: 00pm
Saturday – 9: 00am – 3: 00pm
Sunday – Closed
_Staff_
We are advised that the business is run and managed by the owner, with the
help of casual staff as and when needed.
_Financial Profile_
Further financials can be made available upon request.

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