Leasehold Carpet And Curtain Retailer For Sale

Business description

Bag a Business Ltd is delighted to offer to the market this thriving carpet and curtain retailer, which was established by our client in 1993 and is now only being placed on the market as he wishes to retire. It is run mainly by our client and has an excellent annual turnover in the region of £303,360 whilst enjoying an overall average gross profit margin of 33%, which is derived from a good mix of carpets, flooring and made-to-measure curtains. Halstead Carpet Company enjoys an excellent local reputation for its friendly helpful service, wide selection as well as for its value for money. We feel that this represents an ideal opportunity to increase trade, possibly by using the first floor store rooms as further sales space, or by extending the store's opening hours. Early viewing of this charming shop in such a sought-after area is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Original lease: 12 years
Remaining: 9 years
Review every: 3 years
Rent: £16,800 per annum

Living accommodation:

Well presented two storey premises, briefly comprising: GROUND FLOOR Main sales area with displays of carpets and floorings to walls and centre. Curtain sales area to rear of main sales area with desk and customer seating area Office FIRST FLOOR Store room one Store room two Store room three Store room four Kitchen area Office EXTERNAL Rear yard with parking for two cars Barn (currently used for storage) WC

Location:

Halstead Carpet Company is situated within a parade of complementary shops and businesses on this busy town centre shopping street. It is at the heart of this small town's retail area. There is ample on and off-street parking close by and the business draws its trade from the surrounding area. Halstead is a rural town located in the Colne Valley in Essex, near Colchester and Sudbury. Halstead has been home to several well-known authors, such as J. Daniel Cooper as well as Darts professional Bobby George. Its main attractions include a local antiques mill, the location of filming for some episodes of the television programme, Lovejoy. Halstead enjoys excellent links via the A131 being 14 miles West of Colchester, and 46 miles North East of London.

Other information

Trading hours:

Mon to Sat: 9:00am - 5:00pm; Wed: half-day closing