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BUSINESS REFERENCE : 8972 / RightBiz FREEHOLD FURNITURE & CARPET BUSINESS FOR SALE IN EAST YORKSHIRE | | | | | | Furniture & Carpet Retail East Yorkshire T/O: £950,000 GP: 22% Well established business. Prime trading position. Enviable reputation. Desirable freehold sites good investment opportunity. Ref: 8972 | | | BUSINESS LOCATION: | Undisclosed East Riding of Yorkshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Home Accessories & Furniture Shops | | SALE: | Agent Sale | FREEHOLD: | ££895000 + SAV | | | | | | | | | | | BUSINESS DETAILS: | Location
This furniture retail business is located in a prime, highly visible town centre trading position on the East Coast of Yorkshire. The business occupies substantial two-storey premises with ample free car parking facilities outside. It is surrounded by a variety of other quality shops and businesses, which attract a high daily footfall. In addition, it is within close walking distance of a bustling town centre, local railway station and is situated on a major bus route. The premises are also located on a major arterial road in the area, thereby generating additional passing trade. The surrounding residential areas are particularly desirable being in close proximity to the award-winning East Yorkshire coastline and surrounded by outstanding countryside.
Business History
Bag A Business is delighted to offer for sale this highly regarded retail business specialising in furniture and carpets, located in such a desirable town centre trading position on the East Yorkshire coast. The business has been established for over a hundred years and has built up an enviable reputation throughout the region. Currently annual turnover is in the region of £950,000 achieving a 22.6% gross profit. The business occupies particularly desirable freehold premises with extensive open plan retail sales areas, warehousing and an additional first floor showroom, as well as three-bedroom private accommodation. Being in such a high profile trading position, the premises would also suit an extensive variety of other retail uses. This is a unique opportunity to purchase such a well-established and sought after local business, in such a prime trading location. Early discussions with Bag A Business must come highly recommended.
PROPERTY DETAILS
Substantial, two-storey property with extensive retail and warehousing facilities and private living accommodation.
GROUND FLOOR
Main entrance
Showroom (approximately 40' x 120')
Numerous product display stands
Carpet displays
Furniture displays
Mirrors
Curtains
Rugs, blinds, lamps and furnishings
Accounts and management offices
Warehouse (approximately 26' x 40')
Delivery access
FIRST FLOOR
Retail showroom (approximately 60' x 20')
Fire escape
Additional storerooms
Staffroom
WC
Private accommodation:
2 single bedrooms
1 double bedroom
Lounge
Bathroom
Kitchen.
EXTERNAL
Yard
Additional three warehouses to the rear
Side delivery access
Rear private car park with spaces for eight vehicles.
OPENING HOURS
Mon- Fri: 8.30am to 5.30pm
Sat: 9.00am - 5.00pm
FINANCIAL DETAILS
W/T: £18,700 approx
GP: 22.6%
TENURE
Freehold | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 8972 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
