Supply and Installation of Fireplaces Business in East Sussex For Sale

Business description

The business was established by our client in about 1984 and he is now selling it to retire. The two main areas of operation are the sale of fireplaces which include both renovated and new units and secondly a full installation service. The installation service is currently sub-contracted which means that a new owner could just concentrate on operating the showroom, sourcing old fireplaces for renovation and obtaining stocks of modern fireplaces. There are also sales of wood-burning and multi-fuel stoves, coal effect gas and electric fires.

Annual accounts for the year ended 31st May 2002 show that sales reached £139,859 to produce a net profit of £36,840 before allowance for items of a one off nature, property repairs, bank loan interest and depreciation.

Fireplaces have again become a popular feature of living rooms, quite often being considered to be an item of furniture or a focal point and very many house owners are implementing “make-overs” and installing fireplaces which vary from original to minimalistic units. Additionally, our client is prepared to work for new owners on a two day per week consultancy basis, if required.

The premises are also considered ideal for use as a village convenience store, pine or restored furniture or ideal for restaurant use, subject to the grant of all necessary planning permissions.

If a new owner wished to undertake the work of installation which averages £250-£300 per unit and involves virtually no speculative outlay of capital, the net income could be virtually doubled particularly if the business was operated by a husband and wife team.

Property information

Property:

Freehold

Living accommodation:

There is a separate front entrance leading to:- Hall. FIRST FLOOR. Lounge. About 16’3” x 13’ (4.9m x 3.9m). Fireplace. Modern fitted Kitchen. About 12’9” x 10’6” (3.8m x 3.2m). Laminate flooring, marble work surfaces with inset stainless steel single drainer sink and floor storage cupboards. Bedroom 1. About 12’ x 7’6” (3.6m x 2.2m). Bedroom 2. About 13’ x 11’3” (3.9m x 3.4m). 2 walk-in cupboards. Bedroom 3. About 11’3” x 10’6” (3.4m x 3.2m). Refitted Bathroom. Corner bath, pedestal wash basin and low-level WC. OUTSIDE. At the rear of the property is a Garden of irregular shape laid predominantly to lawn with some flower borders. Garden Store. At the side of the property is a detached building comprising a Workshop about 16’ x 14’6” (4.8m x 4.4m). 2 workbenches. Store. About 17’3” x 15’3” (5.2m x 4.6m). Attached to this building is:- Lean-to Car Port. About 16’9” x 10’3” (5.1m x 3.1m). Customer Car Park. Space for several cars.

Location:

The property is situated in a small village type environment. It is surrounded by delightful open countryside and enjoys some far-reaching views. Of more commercial importance, however, it has a long frontage to a busy “A” road, unrestricted car parking directly outside and also an adjacent customer car park. It is very readily visible to passing traffic.

Other information

Reasons for selling:

Retirement sale.

Trading hours:

9.00 a.m. to 5.00 p.m. Monday to Saturday inclusive.

Inventory / Stock value:

£20,000