Freehold Furniture Retail Price Reduced For Sale

Business description

Advent Business Sales are pleased to offer to the market this extremely well established retail furniture shop, which has been trading successfully for the past 32 years.

The current vendors have been in ownership for the last 23 years, having taken over from their father who founded the business.

They are now reluctantly selling due to retirement plans.

Our clients have achieved an enviable local reputation and sales are derived from repeat local customers.

The shop has always aimed for the middle market and much of its success has been built because of this.

It offers a wide range of goods including:
• Upholstered suites – from MS upholstery, Emerald and Rainbow
• Beds and bedroom furniture – from Kozee Sleep, Premier, Silent Night and Burleigh, Harrisons, Welcome, Glen Eagles and SJ Units
• Dining room furniture and cupboards – from Caxton

The business has its own signed van for deliveries and is fully alarmed.

Net profits have been consistent for the last few years and have held up well during the recent recession.

The business is staffed by the 2 owner’s full time and 1 part time employee as required.

We are advised that stock at cost is approximately £23,000.
REF: 9311ST

Property information

Property:

Freehold

Location:

Our client’s retail furniture shop is conveniently located at the heart of a busy, thriving town in Staffordshire. It is well known locally and has been trading for many years.

It is the major retail shop in the area for the goods on offer and is situated close to a local car park. The town is close to the very busy A500 dual carriage way, which links to the M6 at Junction 16.

Premises details:

The property is a 2 storey end terrace building with 2 double fronted shops adjoined at the back of the building and briefly consists of:

Ground Floor

• Two customer entrances, one at the centre and one at the right hand side
• The windows are large and deep – giving maximum light into the shop and for display
• Large showroom to the left – at the rear of this is an opening into the right hand shop with a stairway to the upstairs
• The right hand shop is large and well lit, displaying mainly suites and dining room furniture and has its own front entrance
• Downstairs there is also 2 rear storage areas
• Delivery bay on side of building
• Office area

First Floor
• 4 main sales areas for beds
• Office
• Staffroom
• w/c
• further storage room
External
• The building is paved on 2 sides to the roadway

Business Operation

Expansion potential:

There are good ongoing potential to a business with an excellent reputation such as this. For example, Sunday openings, flyer drops to the surrounding area to raise the profile. A further possibility would be to condense the business to the ground floor and the upstairs could be turned into flats to rent out.

Trading hours:

Mon – Wed,. Fri & Sat-: 10.00am – 5.00pm
Thurs & Sun Closed:

Employees:

The business is staffed by the 2 owner’s full time and 1 part time employee as required

Other information

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