Bed Retail Restoration For Sale - King's Lynn, Norfolk, United Kingdom Advert Ref: 8504
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Business description
we offer for sale this exceptional bed company, which was first established by our clients in 2004, and who are only now placing the business onto the market due to their family commitments. The business, which is run and managed by our clients, achieves a very respectable annual turnover of £400,000, derived from the restoration and retail of iron and brass beds. The company also sells to large desirable retailers, such as John Lewis, as well as selling directly to the end user. All the work is executed in the UK, which means the business can offer the customer a very low carbon footprint product, which is extremely desirable in today's retail market. The business enjoys excellent levels of repeat trade and often receives new customers from good word of mouth referrals. We feel that this opportunity offers a new owner an excellent base to build upon, and we urge early viewing of this charming business. Trading hours: Tues - Fri: 10.00am - 4.00pm. Sat: 10.00am - 3.00pm. Sun - Mon: Closed
Property
Leasehold Lease terms
Original lease: 5 years Remaining: 5 years Review every: 2 years Rent: £10,000 per annum Living accomodation
Beautifully presented Victorian-style, single storey brick building, with large front product display area and rear warehouse storage, approx 2000sq.ft in total. Shop: Victorian-style, large double glass front displays Secure front access into main sales/display area Open plan product display area (very well presented) Rear office/paperwork storage area Rear storage area WC and wash basin Access to rear warehouse Warehouse: Secure large sliding door access Work/preparation counters Large work/storage area Approx 1000 sq.ft Location
Wrought Iron and Brass Bed Co Ltd is located in the beautiful village of Dersingham, in Norfolk. The property sits at the end of a row of residential and commercial business properties, situated on the corner of a much used through road. Dersingham is a hugely popular business and residential location, due to its beautiful open countryside, historic attractions, highly desirable housing, fine schools and friendly population. Dersingham is 10 miles from King's Lynn, 2 miles from Sandringham and 7 miles from the seaside town of Hunstanton.
Leasehold
Original lease: 5 years Remaining: 5 years Review every: 2 years Rent: £10,000 per annum
Beautifully presented Victorian-style, single storey brick building, with large front product display area and rear warehouse storage, approx 2000sq.ft in total. Shop: Victorian-style, large double glass front displays Secure front access into main sales/display area Open plan product display area (very well presented) Rear office/paperwork storage area Rear storage area WC and wash basin Access to rear warehouse Warehouse: Secure large sliding door access Work/preparation counters Large work/storage area Approx 1000 sq.ft
Wrought Iron and Brass Bed Co Ltd is located in the beautiful village of Dersingham, in Norfolk. The property sits at the end of a row of residential and commercial business properties, situated on the corner of a much used through road. Dersingham is a hugely popular business and residential location, due to its beautiful open countryside, historic attractions, highly desirable housing, fine schools and friendly population. Dersingham is 10 miles from King's Lynn, 2 miles from Sandringham and 7 miles from the seaside town of Hunstanton.
Financial Details
Asking price:
£180,000
Sales revenue:
£400,000
£180,000
£400,000