Cheshire Designer, supplier and installer of luxury kitchens and bathrooms

·       Design supply and installation of luxury kitchens and  bathrooms

·       Main road into city location - easy parking

·       Solid turnover - good profits

·       large ground-floor showrooms

·       Secure renewable lease with sensible rent

·       Excellent local reputation and loyal customer base

·       Owner retiring after 38 years of trading

Falcon Commercial is delighted to offer for sale this exceptionally well-presented supplier of quality Kitchens & Bathrooms. The business occupies a prime trading position on a busy shopping street in the sought-after town of Saltney, Chester 3/4 mile from the city centre. It has been under the proud ownership of our client since 1984. They have made considerable investment in establishing the area’s premier supplier of Kitchens & Bathrooms installed by talented craftsmen. It is now being placed on the market as the owner wishes to retire after running the business for over 38 years. During our client’s stewardship, the company has built up an excellent reputation for its superb workmanship and great service.

Upstairs Downstairs Chester is KBSA approved which means their work is of high quality. They offer a complete installation service that includes renovations along with plumbing, tiling and plastering. Because of their high standard of workmanship, approximately 50% of all orders come from returning customers that have already had work completed in the past or recommendations by family or friends.

The business has many valued exclusive supplier product agreements & solus trading territory- which span decades. These keep the displays in a unique & fashionable state - ongoing to benefit both trading parties. These respected trading partners give the business much gravitas & comfort to potential or new clients.

Our client runs the business with help from a dedicated team. It generates a steady turnover in the region of £450,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover by adopting a more vigorous marketing policy through its own informative, dedicated website and to further development of its social media presence

This rarely available opportunity is not to be missed, and early negotiations with Falcon Commercial to take on Chester's longest-established kitchen and bathroom specialist business come highly recommended

Business Details

Business Headlines

·        The business is generally  split 50% Kitchens & 50% bathrooms on turnover values

·        The kitchens average 17 - 19k per sale & bathrooms 8 - 10k

·        Work is within a wide radius - can range from South Manchester to Anglesey- as required.

·        Some kitchens have been 50k in the past and often bathrooms can be 15k - so a really good mix is achieved annually.

The Premises

Substantial leasehold building, that enjoys a highly visible trading position in a popular shopping parade in Saltney. The area benefits from excellent footfall as well as containing a good mix of independent and multiple businesses.

There is plenty of local free customer car parking.

The premises are fitted and well presented to create highly functional internal business accommodation that includes two offices plus a seated area for 3D discussions and drinks with clients

The premises briefly comprise:

Internal

·        Main kitchen showroom and private office with 7 luxury working displays

·        Office for staff at rear

·        Tile showroom

·        Bathroom showroom with 12 displays

·        Toilet & basin for staff & clients

External

·        A separate '900 sq ft' lock up industrial unit 'which is gated & secure' is optional - this is used for remote storage.  If required - the buyer would then need to assign or create a new lease, which is currently @ £398pcm

Opening Hours

·        Monday 9.00 - 17.00

·        Tuesday 9.00 - 17.00 

·        Wednesday 9.00 – 13.00

·        Thursday 9.00 - 17.00

·        Friday 9.00 - 17.00

·        Saturday 9.00 - 13.00

·        Sunday Closed

·        Bank holidays closed

Turnover

·       £450,000 Per year

Business Rates

Business rates payable: £700 per month

Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable, or enquiries can be made online at the VOA website www.voa.gov.uk

Stock

The business display stock value is: £50,000

Staff

The business is run by the proprietor with help from one full and one part time member of staff.  All additional installer staff are on a CIS 'sub contract' basis

EPC

Commercial Energy Performance rating: TBC

Planning

Potential tenants are advised to make their own enquiries to Cheshire & West Cheshire Council

Tenure

Leasehold. We are advised that the business comes with the benefit of a new secure lease, details of which are to be agreed. The rent payable is £1175 per month

Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website:  www.leasingbusinesspremises.co.uk

Legal Costs

Each Party to bear their own legal costs incurred in the transaction. This may not include the Landlords

Accounts

Accounts will be provided to genuine purchasers after a formal viewing

Viewing

Strictly by appointment with the vendor’s agents, Falcon Commercial