FOR SALE
06/04/22
293339
GRANGE3861 / Rightbiz
A well-established carpet, flooring and curtain retail business which is situated in the very heart of the much sought-after market town of Thornbury, South Gloucestershire. The business has been established for over 35 years and occupies ideal low-cost premises with large free car park immediately opposite the shop. The shop stocks a wide choice of flooring and curtain samples which are all displayed in a bright and airy, well-appointed show room. The business draws custom from a wide geographical area and is successfully owner operated by a husband and wife, together with a team of fitters. The premises are on a secure lease and present a great opportunity for someone who wishes to build upon the already impressive trade.
LOCATION
Grange carpets is located in the very heart of Thornbury in South Gloucestershire. The premises are ideally situated next to a free car park and the town of Thornbury is very affluent and is a general hub for many outlying villages. All main road links are nearby and the M5 motorway is only minutes’ drive away.
BUSINESS
The business has been operating for over 35 years and continues to enjoy a healthy order book, for many months in advance. Focusing mainly on traditional carpet floorings together with a range of curtains has proved to be a winning formula over many years. We, the agents, feel there is great scope to expand on wood, laminates, tile and LVT to complement the existing range. The business is a member of the ACG Buying Group. The current owners choose to close on Monday and Saturday afternoons, so the already impressive turnover could be improved by opening these additional hours. Actual trading accounts will be made available and a full hand over will be provided to ensure the smooth transition and continued success.
ACCOMMODATION
With a large multi pane window to front and glazed door to:
SHOW ROOM
11.02m x 5.86m
A fantastic large open plan space with several Tombola’s, carpet lecterns, rug stands, wall mounted displays and at the far end, an open plan office area for customers to sit down and discuss their requirements. The retailing area benefits from a modern suspended ceiling and an array of different floor coverings.
CARPET STORE
To one side of the shop is smaller sectioned off area with large deep shelving for carpet rolls and general storage.
KITCHEN / OFFICE
4.74m x 1.54m
Ideally situated just off the show room and with an array of wall and base fitted units with inset sink and drainer. At the far end is an office desk, chair and administrative storage.
TOILET
With a low-level WC and wash hand basin.
PARKING
Immediately opposite is a free large car park.
FIXTURES AND FITTINGS
All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.
SERVICES
Main’s electricity water, telephone and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)
TENURE
Leasehold
With a new negotiable length lease with a rental of around £10,000 annually.
VIEWINGS
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected] www.warecommercial.com
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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