Business for sale

Business description

Our clients are ideally located in a prime highly visible trading position on a small parade of complimentary shops in an up market area of Nottingham.

Immediately opposite the shop is Sainsbury’s with its huge car park which obviously attracts large numbers of potential customers to the area.

It is surrounded by popular and desirable residential properties from which it obtains much of its business.

The area is easily accessible by the M1 motorway A52 and the A60, which gives excellent road links all around the county.
THE BUSINESS
Advent Business Sales have been instructed to offer for sale this extremely well established and highly regarded supplier and installer of individually designed bedrooms and kitchens.

With over 22 years trading experience and operating from an excellent and up to date showroom, the business offers a complete A to Z service.

Our vendors advise on design and installation including any building, plumbing, electrical, tiling and decoration work that would be required. All work undertaken by their own long serving, and highly skilled team of self employed craftsmen.

The business, which commenced trading in 1985, is only now being offered for sale as our vendors wish to retire.

Our clients have, over the years, established an unbelievable and enviable reputation for quality throughout the area and benefits from much referral work from satisfied customers.

During its extensive trading history, the business has established excellent suppliers for all their products and has even managed to obtain exclusivity in their area for certain top ranges.




OPENING HOURS
Mon – Sat: 9.30am – 5.00pm
Sun: closed
FINANCIAL INFORMATION

We have been advised by the vendor of the following:

Annual Sales: £359,000
Gross Profit: £140,000

Accounts will be made available to interested parties after a viewing has taken place.
There is great potential for increased level of business.

Please let us know if you require finance for the purchase of a business.

PREMISES:
Double width display windows either side of a central door, which leads into the main showroom.

Both modern and traditional bedrooms and kitchens are displayed, which are all fully fitted out as if in a customers own house and there are 6 bedrooms and 9 kitchens displayed throughout.

To the rear is a kitchen, small stores, w/c and access to the shop car park with 3 allocated spaces.

The business has a large container in the car park for storage purposes.

TENURE: Leasehold
LEASE: 25 years
TERM REMAINING: 6 years
REVIEW EVERY: 5 years
RENT: £14,000 per annum

We are advised that the annual business rates are currently: £5,000



VIEWING

Please DO NOT approach the business or its employees without a prior appointment.
All appointments are to be made via our office.