Leasehold Rug & Carpet Retailer For Sale

Business description

Bag a Business Ltd is delighted to offer to the market this thriving rug and carpet retailer in Tunbridge Wells, Kent. The business was established by our client
in 2005 and is only now being placed on the market due to his wish to retire. Run primarily by our client the business trades from Tuesday to Saturday and achieves a healthy weekly turnover in the region of £1,000 at an average gross profit margin of 42%. The Front Runner & Rug Company specialises in the sale of quality rugs, which come mainly from Belgian and Dutch manufacturers. The business has its own website (www.rugskent.co.uk), which is hosted by 'you find us'. The business enjoys an excellent local reputation for selling rugs that are unique in their design, as well as being top quality. The shop is also very well known locally for its ever-changing window displays. We feel that this opportunity represents an ideal base for a new owner to build upon, perhaps by opening on Sundays and Mondays. Early viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 3 years
Remaining length: 2½ years
Rent: £7,980 per annum

Living accommodation:

Property Details Single storey, mid parade retail premises, briefly comprising: Ground Floor • Main sales area • Rug displays on the walls and floor. • 2nd sales area which is smaller than the main sales area and is reached by a short flight of steps. • Office area • Kitchen • W/C External • Ample parking

Location:

The Front Runner & Rug Co is situated within a parade of complementary shops and businesses, and opposite Tesco, on the main shopping street in the sought after town of Tunbridge Wells. There is ample on and off street parking close by. The business is located in a semi-rural borough, between Tunbridge Wells and Tonbridge, which has a wide range of local banks, restaurants and shops. It has easy access to local main roads and motorways, and is also well served by public transport, being close to the three mainline railway stations of: Tunbridge Wells, Tonbridge and Sevenoaks. Royal Tunbridge Wells lies at the heart of one of the most scenic stretches of
countryside in England surrounded by the unspoilt beauty of the Weald. In Georgian times this popular spa town gained a reputation as the place to see and be seen amongst royalty and fashionable members of the aristocracy. Retaining much of the charm and elegance of its Georgian heyday, Royal Tunbridge Wells and the surrounding area today remains a favoured destination for those who want to enjoy elegant surroundings in the countryside and yet be just a short distance from the hustle and bustle of London.

Other information

Trading hours:

Tue - Sat: 9.30am - 5.30pm