Asking price: £150,000

Sales revenue: £260,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales have been instructed to offer for sale this established carpet retail shop for sale.

The business was established 11 years ago by the vendor and is now reluctantly offered for sale due to family commitments.

Carpets are sold from samples in the large showroom. All stock ordered from samples has a ‘next day’ delivery. The stock value is approximately £2,000.

There are 9 contract fitters, all with their own transport.

The vendor is willing to conduct a hand over period if required by the new owner.

The business is staffed at present by the vendor and his son.

ref:8278B

Trading hours: Mon – Sat: 9.00am – 5.30pm Sunday Closed

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 6 years Remaining lease: 0 Review every: 3 years Rent: £4,900 per annum We are advised that the annual business rates are currently: £1,100 The landlord will review and give new lease to a new owner.

Living accomodation
BUSINESS PREMISES Shop situated within a small parade benefiting from alarms and roller shutters, briefly consisting of: Ground Floor . Large showroom . Small office . Toilet External . Parking spaces for several vehicles outside the shop

Location
The business is situated within a small parade of shops in a residential area. There are excellent parking facilities with spaces outside the shop and on nearby local roads. There are high volumes of passing and regular trade.

There are excellent transport links with the A34 close by.

Expansion potential
At present most of the business is generated within a 1 mile radius of the showroom, this could be extended.

Related documents

		Document