Antique And House Clearance Business In Nottinghamshire | | Long Eaton Nottinghamshire | | Antique Business or Re-development Opportunity Long Eaton, Nottingham T/O: £50,000 GP: 70% Scope to redevelop Well-equipped Loyal customer base Large show rooms Spacious retail space Prime location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 65479
ADVERT IMPRESSIONS : 10,997 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Investment Properties | | SALE: | Agent Sale | FREEHOLD: | £360,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Miss Elany occupies substantial premises, prominently located on the edge of the town centre of Long Eaton, Nottingham. The business is surrounded by a good mix of residential and commercial properties and enjoys a high footfall and much passing trade. There is ample parking and a bus stop nearby and the railway station is within easy walking distance. The business benefits from being close to the town centre main car park, which hosts a weekly market and attracts a large number of shoppers. Long Eaton is a large town, which lies north of the River Trent and is approximately 8 miles south west of Nottingham city centre. The business boasts easy access to the local A-road network and the M1 motorway lies less than 3 miles away.
Business History
Preferred Commercial is pleased to offer for sale this antique and house clearance business, which was established by our client in 1979 and which is only now being placed on the market due to our client's wish to retire. The business trades 5-days per week and generates a turnover in the region of £50,000 per annum with a gross profit of 70%, derived from offering antiques and pianos, along with house clearance and second hand furniture. We feel that turnover could be increased by embarking on a modest marketing campaign and by introducing a website. Our client has developed an excellent reputation and a loyal customer base, which ensures much repeat trade. The Victorian premises boast a large sales area, with numerous showrooms and storage areas. The premises would be suitable for many uses and in our opinion could suit a supermarket or convenience store. The premises are also suitable for a conversion to residential use. We are advised that planning permission is currently in place for development of two 3-bed dwellings. Viewing is essential to fully appreciate the true potential of this excellent opportunity.
Financial Details
T/O: £50,000 approx.
GP: 70%
Opening Hours
Mon: 9.00am - 5.00pm
Tues: Closed
Wed - Sat: 9.00am - 5.00pm
Sun: Closed
Accommodation Details
Substantial Victorian premises, boasting large showrooms and 2 warehouses, situated on the edge of the town centre. Briefly comprising:
Ground Floor
• Main shop: Open-plan retail area with sales desk (10m x 6m approx.)
• Second retail area: (3m x 6m approx.)
• Showroom 1: (4m x 5m approx.)
• Showroom 2: (4m x 5m approx.)
• Office
• Kitchen
• Storeroom with access to further storage (13m x 5m approx.)
First Floor
• 5 x large storage/retail showrooms
• WC
External
• 2 x storerooms to the side of the premises (18m x 12m approx.) currently with planning permission for 2 x 3-bed dwellings
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2571 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
