Leasehold Carpet Retailer For Sale

Business description

Leasehold Carpet Retailer/Fitting Business
We are delighted to offer for sale this highly regarded carpet retail and installation business, which is based in such a prime trading location within Flint. Graham Walker Carpets Ltd has been established in the area for over 40 years, and has built up an enviable reputation for reliability and quality of service. The business generally operates within a 25-mile radius of Flint and employs one full-time carpet fitter, with other staff employed on a sub-contract basis. Currently the annual turnover is approximately £250,000, achieving a gross profit of 50%. There remains scope to increase turnover by external marketing and Sunday opening. This is a unique opportunity to purchase such a thriving local company.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5-10 years
Review every: 3 years
Rent: £26,000 per annum
New lease to be assigned

Living accommodation:

Property Details Spacious retail premises with an additional warehouse and storage facilities, briefly comprising: Ground Floor Main showroon: • Numerous product display systems • Shelving/carpet racks on walls • Carpet roll stands • Concrete flooring • Rug display area • Offices • WC • Kitchenette • Container store Warehouse • Roller shutter doors • Racking for carpet storage Additional Retail Unit Currently used for storage External • Wide frontage • Large forecourt • Two entrances • Separate exit • Parking for approximately 20 vehicles

Location:

Graham Walker Carpets Ltd is located in a prime, highly visible trading location on Holywell Road within the centre of Flint in North Wales. The business occupies exceptionally spacious and versatile premises, which had formerly been a garage and car hire centre. It has a particularly wide frontage with a large forecourt and additional car parking for approximately 20 vehicles. There is also an extensive customer showroom, as well as storage facilities and an additional retail unit. This is a high profile location, being opposite McDonalds and a popular retail and industrial park. Hollywell Road is the main thoroughfare in the area and has an estimated 50,000 vehicles passing the business daily. It is easily accessible to both Chester and the A55 Expressway, linking North Wales to the M56 motorway.

Other information

Trading hours:

Mon - Sat: 10.00am - 5.00pm Sun: Closed