For sale £155,000 - General Retail
Enjoying all the considerable commercial advantages of its prime and much sought after trading position among other professional outlets in a prosperous town, this business has earned itself a priceless local reputation for its quality product range and professional service since being established 23 years ago.
The business offers a bespoke service with an excellent choice of curtains, blinds, wallpapers and upholstery. Operating from well placed parade premises, it has a strong and established regular local customer base drawn from a wide surrounding catchment area combined with year round passing trade generated by such a high profile retail position.
This family business has laid the most solid of commercial foundations for any new owner in terms of its products and services, reputation and goodwill. This would present a marvellous opportunity for anyone with some appropriate product knowledge seeking that valuable combination of a thriving and locally valued enterprise.
The business would also furnish any enthusiastic purchaser with ample scope for continued growth and increased profitability with regard to expansion into other areas of the highly diverse furnishings and interior design market, and to generally adopting a more vigorous marketing policy including venturing into social media.
We would therefore unreservedly recommend a viewing of this very sound business of uncommon quality and real further development potential. It comes to market due to impending retirement and has consequently been very sensibly priced.
Current turnover in region of £236,000 per annum with good profits and scope to increase.
The tenants have 3 years left on the current term.
The current rent stands at £16,900 per annum.
Business Rates These are currently around £7,500 per annum.
Trading Hours The current owners open Monday to Saturday, normal business hours.
The business operates from substantial and well maintained terraced parade premises which occupy an outstanding trading position among other established outlets on a busy high street.
The business accommodation is at ground floor level and briefly comprises the main front entrance into a bright, good sized and well appointed front retail sales and customer service showroom area, affording ample display space for a wide selection of home furnishings and interiors accessories.
Situated on a very busy suburban thoroughfare, to the exterior the premises are well signed and attractively presented, and afford ample and inviting display window space onto a good size pavement area with off road parking beyond.
To the rear is a garage facility currently being used for storage – rent £780 per annum.