Leasehold Furniture & Hand Made Persian Rugs Business For Sale

Business description

Advent Business Sales is delighted to offer to the market this quality retailer which has been established within the town since the turn of the new millennium.

It has been in its present prime location for the last three years.

Our client has decided to sell as he now wishes to pursue a different business venture.

Many visiting customers have described our client’s premises as ‘an Aladdin’s Cave’ which opens up like the ‘Tardis’.

The business retails a vast array of quality pine and oak including bedroom and kitchen fitments made to the customer’s own specification. They also retail a huge range of fireplaces, suites and beds. On offer as well, is a comprehensive selection of Rugs and carpets which have been sourced worldwide, and the vast selection of antiquities of both English and French origin.

Stock at cost is the region of £125,000. The vendor has informed us that the Persian carpets account for £80,000 worth of stock at cost. If a new owner did not require the rugs the vendor is prepared to take them with him as they increase in value.

We highly recommend viewing of the premises to truly appreciate the size, nature, scope and potential as few words can accurately reflect the premises.

The owner is willing to conduct a detailed hand over period subject to negotiation.

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Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: Renewable
Remaining lease: TBC
Rent: £19,500 P.A.

We are advised that the annual business rates are currently: £1,500

Location:

Our client is located in a quality upmarket village. The business is situated on the main high street which has many quality antique dealers.

The market town is a major tourist attraction and is known as the gateway to the Peak District.

The location provides convenient access for Leicestershire, Derbyshire, Nottinghamshire, Uttoxeter and Stoke.

The locality is frequented regularly by tourists from London who often place repeat orders with our client.

Other information

Expansion potential:

The vendor has informed us that there is huge scope to more than double existing sales by advertising more, having a different layout as well as conducting different promotions together with charging for deliveries.

A better display for the hand made Persian rugs and carpets would impact sales immediately.

A truly impressive business in the right location that has to be viewed to fully appreciate it.

Trading hours:

Mon – Sat: 9.00am – 6.00pm, Sun: 10.00am – 4.00pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars