Leasehold Tile ShowroomSydney West For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this busy, highly regarded tile showroom. Established in 1999 by our clients, the Tile Studio offers quality porcelain, marble, natural stone and ceramic tiles to the public. Their key competitive advantage is their sourcing of quality suppliers and products. Agencies include Delonca, Linea, ABK, Lafabbrica, Girardi, Unicom and Settelento. They currently import most of their tiles directly from Italy & Spain and also use a local distributor. They have a sole agency for Botament adhesives and grouts. They employ 2 full-time staff with a wage bill of £27,000 per annum. Our clients are offering this business to market in order to downsize and relocate. Turnover is in the region of £390,000 with a gross profit of 35%. They have their own website, which is in its infancy and could be developed further. The hours of trading could also be extended to increase turnover. This is an exciting opportunity to acquire an excellent business and will appeal to couples, companies and investors alike. Bag a Business Ltd would urge early discussions.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original: 10 years
Remaining: 2 years
Review: 5 years
Rent: £365 per week

Living accommodation:

PROPERTY DETAILS Entrance to showroom via double glass doors Tiled floor display Bookcase tile displays to the centre floor Alcove feature lit tile display around perimeter. Main office Kitchen Disabled W/C Store with electric shutter and racking all round 2 emergency exits Fire alarm EXTERNAL Large car park

Location:

Tile Studio is located in a recently built unit within an excellent industrial estate, which hosts complementary businesses that provide spin off customers to the showroom. There is ample car parking to the front of the premises and within the industrial estate complex. It lies just off the main Newry bypass from Belfast to Dublin, which is an extremely busy commuter link. Newry has so much to offer and has a reputation as one of the best provincial shopping towns in Ireland. Newry lies half an hour from Belfast and an hour from Dublin, with the improved road infrastructure, and, is increasingly being used as a commuter town for those working in Dublin with improved road infrastructure.