ESTABLISHED ORIENTAL INTERIORS RETAILER, CHESTER CITY CENTRE FOR SALE

Chester, Cheshire

Status

FOR SALE

Date Submitted:

23/07/21

Advert ID

280079

Reference

100386 / Rightbiz
Leasehold: £45,000
Annual Rent: £15,000
Annual Net Profit: Available upon request

LOCATION
Situated in the busy trading location which is the junction of George Street and Upper Northgate Stree, Chester City Centre.  The property has great visible splay and offers easy access for those looking to collect, deliver etc. For sat nav key in CH1 3EQ.

THE BUSINESS
Specialising in oriental and Far East themed furniture, chattels, lamps, accessories and art, the Business has been established over a great many years (30 years) and has a loyal client base/following.  There is however much scope to improve on the current trade through e-commerce and the addition of affiliated products.

PREMISES
Trading from beautiful period premises with extremely good vehicular and pedestrian display from three full height windows, 
Main Showroom 49'7" x 29'7" (1,470 sq ft approx)
In addition there is also a kitchen area, small items stockroom and WC.
To the lower ground floor there is a large stock room measuring 41' x 69' (Max) with twinned shuttered access to parking/delivery area with vehicular access.  

FINANCIAL INFORMATION
Full accounts can be made available upon request to ready willing and able Purchasers upon the signing of a NDA.

TENURE
Leasehold.  A new lease will be granted to the successful Purchasers subject to contract and the usual terms and conditions with rent payable of £15,000 PAX for an initial 6 year terms with 3 year break clause.

STAFF
The Business is currently run by the owners of the Business with no other support staff.

METHOD OF SALE
As a going concern.  A guide price of £45,000 is being asked plus stock at valuation.  An assisted handover will be provided if required.  An inventory will be prepared prior to completion of sale subject to contract.

WEB/SOCIAL MEDIA
Oriental Interiors is Google listed and has its own Facebook page with excellent reviews availabe online.  The Business would benefit from a new and up to date e-commerce site which would significantly add to the already excellent trade.

Website: www.orientalinteriors.co.uk

VIEWING
Viewings can be arranged for serious and interested purchasers.  Please contact Hart & Co on 01244 403547 or Ian Hart - [email protected] or Sam Minard - [email protected]  Under no circumstances must a direct approach be made to our clients regarding any of the details contained therein.

 

Key Features
  • Town Centre location
  • Established Business
  • Close to Local Amenities
  • Accounts Available
  • New Lease
Contact Agent
Advert Reference:
100386 / Rightbiz
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