Upholstery And Soft Furnishings With Self Storage Facility For Sale

Business description

An interesting business that has evolved and developed in the present owners hands to meet a range of customer needs. The business has a showroom with displays of a sizeable range of recliner chairs, sofas and associated products. There is also a workshop where re-upholstery repairs and renovations are undertaken together with making up of loose covers, cushions, curtains and blinds. Yet another part of the business utilises spare floor space in the unit to provide self storage facilities.

The accounts for the year ended 30th September 2009 show a sales turnover of £220,618 (excluding VAT), at a gross profit of 37%.

Property information

Property:

Leasehold

Lease terms:

We have not inspected the lease, but the vendor informs us that a 3 year lease was granted in 2009. The vendor also informs us that the current rent is £14,500 p.a.

Leasehold rent:

£14,500 per annum

Location:

Situated on the outskirts of a pleasant seaside town in a popular part of East Anglia.

Premises details:

The business trades from an excellent modern unit in a trading estate on the outskirts of town. The site has a good mix of retail and commercial businesses with easy access and good parking facilities. The vendor informs us that the units are about 10 to 15 years old and that the unit in use extends to some 3000 square feet (about 279 square metres). The unit has ample space for expansion and is at present divided into a furniture showroom, workshop, office and 6 self storage units of various sizes. The facilities also include staff toilets.

Other information

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• Sales details