Household Appliance & Retail Repair Service Business For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well-established and successful business.

Established 32 years ago by the vendors it is now reluctantly offered for sale due to the vendor’s retirement and emigration plans.

The business currently retails predominantly refurbished white goods and operates on site repairs. There is a large and loyal customer base, which is supplied within the sale, including a vast number of local landlords, local letting agents, housing associations and local councils.

The extraordinarily high levels of repeat business that this generates means the vendors currently run to full capacity and therefore do not advertise the business at all.
ref:NG7026

Property information

Property:

Leasehold

Lease terms:

TENURE: Ongoing rental with lease available
Annual Rent: £130.00 per week


We are advised that the annual business rates are currently: £660.30 per annum

Living accommodation:

BUSINESS PREMISES A double fronted showroom premises in a prominent corner location with large car park to rear and consisting of the following: Ground Floor - Double fronted showroom premises with storeroom to side - Doorway leading through to workshops and offices - Doorway to cellar - W/c - Doorway to rear exit of premises leading to car park below ground floor - Large 4 bay cellar External - Paved to road at front and side - Large public car park to rear

Location:

The business is ideally located in a prominent corner plot within a densely populated residential area of Nottingham. There are excellent parking facilities with a large shopper’s car park to the rear & a further shopper’s car park approximately 40 yards away and free on street parking outside the premises and along the parade

The immediate area surrounding the business has a high amount of student letting accommodation, which represents a large portion of the customer base.

Nottingham is a busy East Midlands city with a high student population attending the 2 universities. It has excellent transport links including access to junction 24 – 27 of the M1 motorway, a tram system and a large railway station with train links throughout the region and into the city of London.

Other information

Expansion potential:

This is an excellent opportunity to purchase a profitable business with unrivalled customer case and reputation and enormous potential to expand further with advertising and additional staff.

Trading hours:

Mon – Sat: 9.00am – 6.00pm

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