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Related Ads > London Business for Sale > Carpet & Flooring to Let > Carpet & Flooring in Haringey for Sale 

Carpet And Flooring Retailer In Haringey London

Haringey London
Carpet and Flooring Retailer Haringey, London T/O: £200,000 GP: 50% Scope to increase turnover Loyal customer base Well-equipped High street location
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 62142
ADVERT IMPRESSIONS : 5,654 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Carpet & Flooring
SALE: Agent Sale

LEASEHOLD:

£34,950

ANNUAL RENT:

£22500
 

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BUSINESS DETAILS:

Location
Haringey Flooring occupies substantial mid-parade ground floor lock-up premises, ideally located on a busy high street in Haringey, London. The premises benefit from being close to the local amenities and are surrounded by a variety of complementary shops and businesses. There are a number of bus routes serving the area and both the railway and tube stations are within easy walking distance. The business has easy access to the A1 allowing good access to central London, while the M1 motorway is less than 9 miles away. Haringey is a popular residential area of London and is home to a number of landmarks including Alexandra Palace, Bruce Castle and Jackson Lane arts venue.

Business History
Preferred Commercial is delighted to offer for sale this busy carpet and flooring retailer, which was established by our clients in 2007 and which is only now offered to the market due to our clients' other business interests. The premises are well-equipped to suit the trade with a spacious sales area and numerous displays. The business has an excellent reputation and enjoys much repeat trade and word of mouth recommendations. Our clients offer a wide range of high quality commercial and domestic carpets and flooring, along with a fitting service. There is a business website in place advertising products and services. The business trades 7 days a week and generates a turnover in the region of £200,000 per annum with a gross profit of 50%. We feel this could be further increased by establishing an online ordering system for rugs etc. The new owner could, if desired, establish a simple marketing campaign to generate more custom. This is an ideal opportunity to acquire an already busy carpet and flooring retailer with huge scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £200,000 approx.
GP: 50%

Opening Hours
Mon: 9:30am to 7:00pm
Tues - Thurs: 9:30am to 6:00pm
Fri: 9:30am to 7:00pm
Sat: 10:00am to 6:00pm
Sun: 11:00am to 5:00pm

Accommodation Details
Substantial mid-parade ground floor lock-up retail premises. Briefly comprising:

Ground Floor
• Main showroom with fixed and freestanding display units and service desk
• Rear showroom with fixed and freestanding display units and large floor space for cutting carpets
• Kitchenette
• Office

External
• Single parking space to rear

Tenure
Leasehold
Original length:12 years
Remaining: 7 years
Review: every 4 years
Rent: £22,500 per annum
   
  FOR SALE
   

REFERENCE:

2392 / RightBiz
   
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