AG110-Large Freehold Furniture Retail Centre
Business for sale
Asking Price:
£595,000
Turnover:
£700,000
Annual profit:
100k to 149k
Audited accounts:
Yes
Management accounts:
Yes
Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.This interesting opportunity is an attractive combination of substantial freehold retail premises and a business with a 40+ year establishment and connection to the local community and beyond.
The premises are located in a prominent street corner position close to the centre of this Derbyshire County Town. Arranged over three floors, these Victorian/ Edwardian premises are suitable for many retail applications where large space is required, or even perhaps a mixture of different retail businesses on different floors.
Please note: The property has the benefit of significant roof repairs carried out within the last 4/5 years and costing circa £100,000
The property floor sizes split down approximately as follows:-
• Ground Floor circa 4,050 square feet
• First Floor circa 3,600 square feet
• Second Floor circa 2,750 square feet TOTAL: circa 10,400 square feet
The premises currently operate as a Furniture Retail Store, representing many of the well known quality brands within the industry, of which the company enjoys protected status with many of them. The company is extremely well established and respected, having traded for 40+ years. The company is well known both within the industry and with its customer base who have consistently returned over the years.
Major Brands represented include:-
• Tetrad Sofas
• Nathan Furniture
• Wade
• Vale
• Willis and Gambier
• Sherborne
• Old Mill Oak
• Derwent plus many more!!
Employee details
Fulltime staff:
5
Parttime staff:
2
