• Listing ID: 1165715
  • (Seller ref: 2392)

Carpet And Flooring Retailer In Haringey London For Sale


Price Reduced

Location:
Category:
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Asking price:
£34,950
Sales revenue:
£200,000
Cash flow:
Available on request

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Preferred Commercial is delighted to offer for sale this busy carpet and flooring retailer, which was established by our clients in 2007 and which is only now offered to the market due to our clients' other business interests. The premises are well-equipped to suit the trade with a spacious sales area and numerous displays. The business has an excellent reputation and enjoys much repeat trade and word of mouth recommendations. Our clients offer a wide range of high quality commercial and domestic carpets and flooring, along with a fitting service. There is a business website in place advertising products and services. The business trades 7 days a week and generates a turnover in the region of £200,000 per annum with a gross profit of 50%. We feel this could be further increased by establishing an online ordering system for rugs etc. The new owner could, if desired, establish a simple marketing campaign to generate more custom. This is an ideal opportunity to acquire an already busy carpet and flooring retailer with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.


Property:
Leasehold
Lease terms:
Leasehold
Original length: 12 years
Remaining: 7 years
Review: every 4 years
Rent: £22,500 per annum
Leasehold rent:
£22,500 per annum
Location:
Haringey Flooring occupies substantial mid-parade ground floor lock-up premises, ideally located on a busy high street in Haringey, London. The premises benefit from being close to the local amenities and are surrounded by a variety of complementary shops and businesses. There are a number of bus routes serving the area and both the railway and tube stations are within easy walking distance. The business has easy access to the A1 allowing good access to central London, while the M1 motorway is less than 9 miles away. Haringey is a popular residential area of London and is home to a number of landmarks including Alexandra Palace, Bruce Castle and Jackson Lane arts venue.
Premises details:
Substantial mid-parade ground floor lock-up retail premises. Briefly comprising:

Ground Floor
• Main showroom with fixed and freestanding display units and service desk
• Rear showroom with fixed and freestanding display units and large floor space for cutting carpets
• Kitchenette
• Office

External
• Single parking space to rear

Trading hours:
Mon: 9:30am to 7:00pm
Tues - Thurs: 9:30am to 6:00pm
Fri: 9:30am to 7:00pm
Sat: 10:00am to 6:00pm
Sun: 11:00am to 5:00pm

For more information about this business for sale, click the Contact Seller button.


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