Substantial Freehold Property And Upholstery Business For Sale

Business description

LOCATION: Conveniently situated just off main shopping street and close to station.

DESCRIPTION: This substantial property is arranged on ground floor and first floor levels and a forecourt to the front provides useful off-street parking for 3 vehicles. The property occupies an end-of-terrace position and is brick built with a pitched roof which provides storage in the loft void space. The 1,067 sq ft ground floor comprises area and on the 1,178 sq ft first floor is an admin office, 3 workrooms, store 2 toilets and a kitchenette.

EQUIPMENT: The premises is fully fitted and equipped for present trade and a full inventory will be available for purchaser.

BUSINESS: Currently taking £2,700/£3,300 per week with gross profit margin of 85% before wages or 21% after wages. The business could suit an existing upholstery company who require larger premises or wish to expand in the South East London area. Alternatively it could suit an associated business such as an interior design corporation who want to add this type of work to their list of service.
Vendor will consider F/H sale only.

HOURS: Mon – Fri 9.00 am to 5.30 pm; Sat 9.00 am to Midday.

ACCOMM: There is no residential accommodation.

TENURE: Freehold.

RATES: Business rates payable are approx £3,300 per annum.

Property information

Property:

Freehold

Lease terms:

Freehold

Living accommodation:

There is no residential accommodation.

Location:

Conveniently situated just off main shopping street and close to station.

Other information

Support & training:

Full support and training included

Reasons for selling:

Genuine retirement

Trading hours:

Mon – Fri 9.00 am to 5.30 pm; Sat 9.00 am to Midday.

Financing available:

Yes finance arranged for the right buyer

Inventory / Stock value:

£3,000

Contact the seller