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BUSINESS REFERENCE : 10422 / RightBiz OAK & PINE FURNITURE IN NORTH WALES | | | | | | Retail Oak & Pine Furniture Rhyl, North Wales Prominent Location on Ffordd Derwen Industrial Estate T/O: £205,000 GP: 33.1% approx Established 10 years Specialising in oak & pine dining & bedroom furniture. | | | BUSINESS LOCATION: | Rhyl Clwyd UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Home Accessories & Furniture Shops | | SALE: | Agent Sale | LEASEHOLD: | £89,950 + SAV | ANNUAL RENT: | £7,046 | | | | | | | | | | | BUSINESS DETAILS: | Just Finished is located in a prominent and highly desirable trading position on Ffordd Derwen Industrial Estate, within Rhyl in Denbighshire, North Wales. The business occupies spacious and well appointed, leasehold, lock-up premises which are a double unit with an open plan retail sales show room as well as an adjacent workshop and preparation facility. In addition there is ample free car parking facilities outside. It is within a thriving industrial estate, less than 1 mile from the town centre and surrounded by a number of other complementary businesses as well as a popular residential area. The industrial estate is easily accessible, being just off the main A525, which is the main arterial road into Rhyl from the A55 Expressway.
Bag a Business is delighted to offer for sale this highly regarded retailer of oak and pine furniture in such an ideal trading location within Rhyl. Just Finished has been established for 10 years and has built up an enviable reputation throughout the area and benefits from much regular repeat custom. The business specialises in selling a wide range of traditional as well as contemporary oak and pine furniture, as well as having a full workshop facility, allowing for spraying and assembly. Currently the business employs one member of staff and has an annual turnover of £205,000, achieving a 33.1% gross profit. There remains infinite scope to develop this further as there are no external sales staff and the workshop is under utilised. Also, the restoration and repair of furniture is an area of the business which could be expanded significantly. The premises have become a destination venue for customers wishing to buy bedroom and dining furniture from throughout North Wales, with a significant catchment area extending from Chester to Llandudno and Bangor. This is a unique opportunity to purchase such a highly regarded and sought-after local business. Early discussions with Bag a Business must come highly recommended.
FINANCIAL PROFILE
W / T £4,000 approx.
GP: 33.1% approx.
OPENING HOURS
Mon - Fri: 8.30am - 5.00pm Sat: 8.30am - 4.00pm Sun: Closed
ACCOMMODATION DETAILS
Ground floor, lock-up, leasehold premises within a double commercial unit. Briefly comprising:
GROUND FLOOR
Main entrance
Open plan retail showroom
Carpet flooring
Numerous product displays: chairs, bedroom and dining furniture.
Office
Kitchenette
WC
Side door with internal access connecting to workshop facility
Open plan workshop area
Concrete flooring
Spray booth with a full air extraction system
Compressor
Cross cut saw
Premises are fitted with a three phase electricity and alarm system
EXTERNAL
Wide frontage
Roller shutter doors to both retail showroom and workshop
Staff and customer car park
TENNURE
Leasehold
Original lease length 3 month rolling council lease
Rent £7,046 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10422 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
