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Well Known And Popular Carpet Business

Leeds, West Yorkshire
Leasehold Price:
£134,995
Status
FOR SALE
Advert ID
249338
Reference
B05531 / Rightbiz
Business
Hilton Smythe are welcoming to the market Yorkshire carpets Morley, Leeds. A very well-known and popular, quality carpet shop located in the town centre. The business was established by our client over 9 years ago, only now does the business come to market as our client is hoping to spend more time in his sports and fitness business.

Yorkshire carpets offer a wide variety of high-quality carpets and smooth flooring, specialising in Elite Crete flooring. The shop currently stocks a large choice of carpets, vinyl’s, wooden flooring and furniture items. Our clients provide a high standard service for both residential houses and commercial offices/shops.

The business has a fantastic reputation, with a high amount of custom coming from word of mouth recommendation and repeat customers. The review status on google and Facebook is 5 stars with customers stating, ‘Everything you need, very helpful and hard to beat prices’ and ‘Friendly and very helpful service.’ Our client is offering a hand over period, to ensure the continued success of the business.

We feel there is scope to increase the already exceptional turnover by extending the opening hours, embarking on modern marketing schemes and introducing new lines of floor coverings, should the purchaser desire.

Early viewing is highly recommended situated as the business is in such a sought for location with an excellent lease agreement. Viewings are strictly by appointment only.



Location
The shop is surrounded by complimentary shops and residential houses, providing lots of footfall.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property and train station a short walk away
The area is also well served by the A roads being within easy driving distance of the business, which links to the M62/ M1 motorway network.




Premises
Yorkshire Carpets is located on Albion Street, Morley town centre, providing lots of footfall. The shop has great signage and window displays. Higher Road has ample car parks within the proximity.

The premises are in the region of 80m2, providing ample space for storage and display units.

Equipment included in the sale comprises of

  • Tall Perimeter carpet display stands.
  • Office desk.
  • Storage - lots of carpet samples and central display stands.
  • Security - the premises are fully alarmed and roller shutter to the front.


Tenure
We are advised the premises is Leasehold with an annual rent of £7,000.

The business further benefits from rates relief.



Hours
Current opening hours are

Monday 09:00 – 5:00

Tuesday 09:00 – 5:00

Wednesday 09:00 – 5:00

Thursday 09:00 – 5:00

Friday 09:00 – 4:00

Saturday 09:00 – 4:00

Sunday Closed



Staff
Owner ran with a self-employed carpet fitter and 1 staff member.



Financial Profile
The business reports a turnover for last year of £230,582 with a gross profit of £92,141.



Listing Details
Leasehold Price: £134,995
Tenure: Leasehold
Location: Leeds, West Yorkshire
Sector: Carpet Businesses
Financials
Annual Turnover: £230,582
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Advert Reference: B05531 / Rightbiz

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