Excellent Leasehold Fine Furnishings Business In Central Cheltenham For Sale

Business description

EXCELLENT LEASEHOLD FINE FURNISHINGS BUSINESS
Advised annual turnover of £1,000,000 with good gross profit returns
Ideal high footfall location in central Cheltenham, Gloucestershire
Repeat business and high recommendation referral customers
Solid trading history since establishment by our client in 1985
Early interest and viewing is highly recommended
Very well presented and appointed throughout
Exceptional 6,000 sq foot showroom facility
Ideal lifestyle change opportunity
Genuine retirement sale
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this excellent leasehold fine furnishings business which was first established by our client in 1985 who after 26 years of service is now seeking retirement. The business which is run and managed by our client with the assistance of staff achieves a very respectable advised annual turnover of £1,000,000 derived from selling a beautiful range of fine furnishings from its 6,000 sq foot high street showroom. The business has a large stock of solid Oak, Ash and Pine furniture and also supplies high end ranges of quality kitchen, living, dining and bedroom furniture. The showroom also has a range of Cane and Loom furniture, mirrors and pictures to give customers the complete solution. Our client has worked exceptionally hard on the business’ reputation for quality of service and has enjoyed customers from throughout the UK. The business also sees a high amount of new customers derived from good word of mouth recommendations and from its highly visible trading location. This is without question a solid and stable business with a very reputable trading history situated in one of the UK’s most desirable towns. We would like to urge early interest in this opportunity as businesses of this calibre rarely appear onto the market.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 25 years
Rent: £115,000pa

Location:

This excellent leasehold fine furnishings business is situated in the town centre of Cheltenham which is in Gloucestershire. The business has an ideal trading location from being located on one of the town’s main high streets which also acts as a busy central through road.The shop has 6 large front facing display windows and is highly visible to all who pass through the area. The high street has a large selection of commercial style businesses, banks and national retailers which all bring shoppers and visitors to the area throughout the year. Cheltenham is also highly regarded as an affluent residential area and has a large amount of upmarket residential homes close to the business’ location. Cheltenham is a desirable business and residential location due to its excellent central shopping, fine housing, good schools, NHS services and beautiful neighbouring open countryside. The town offers famous racecourses, historic attractions and a welcoming and friendly community. Cheltenham also benefits from being situated less than 3 miles away from the M5 motorway which links to the M6, M40 and M4 making visiting and commuting very easy.

Premises details:

Beautifully presented high street 6,000 sq ft open plan showroom with 6 display windows, highly visible property advertising, large interchangeable internal showroom, rear management office seating and consultation area, very well presented and well appointed throughout. Additional warehouse and storage facility available if desired.

6,000 Sq foot showroom facility


6 large front high street facing windows (excellent display and advertising space)


Secure front entrance


Open plan interconnecting showroom areas


Multi display and range space


Large front welcoming and consultation area


Rear office and seating area with desks and chairs

EXTERNAL
Highly visible signs and property boards for advertising plus neighbouring town car parks and close by roadside parking.

Other information

Trading hours:

Monday: 9:00am - 5:30pm
Tuesday: 9:00am - 5:30pm
Wednesday: 9:00am - 5:30pm
Thursday: 9:00am - 5:30pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 5:30pm
Sunday: Closed