Independent Upholstery & Furniture Retailer Located In Stratford Upon Avon

Independent Upholstery & Furniture Retailer Located In Stratford Upon Avon
Bespoke Furniture Handmade In England
Leasehold Showroom (5,000 SQ FT)
Ref 2871

Location
This respected Upholstery & Furniture retailer is located in highly desirable market town of Stratford Upon Avon. Positioned within a prominent and highly visible trading position on the busy Birmingham Road, adjacent to Halfords and opposite McDonald’s Restaurant. This thriving historic town is the birthplace of William Shakespeare, steeped in culture and history. Set in the beautiful rural Warwickshire countryside, on the banks of the river Avon, it is one of the most important tourist destinations in the UK, receiving over 4.9 million visitors per annum.

Leasehold Asking Price: £295,000 LTD CO SALE

Business Description
Veritas Business sales are privileged to offer to the market this established Upholstery & Furniture retailer which is located in Stratford Upon Avon. The business was established by our clients back in 2010 and they are now offering the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually invested in new display stock along with fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. Home of The Sofa is a family operated concern and employs the help of 4 part time members of staff. For year ending 30th June 2022 they posted an annual turnover of £772,886 with a GP of £284,198 (39.3%)and produces adjusted net profits in the region of £160,000. Independent retailers of 'Handmade to Order' fine English upholstery and furniture and they specialise in sofas, chairs, corner sofas, sofa beds, footstools and re-upholstery services. The showroom displays a comprehensive selection of furniture and they are the local stockists for leading brands Tetrad and Collins & Hayes which is sold alongside their own bespoke upholstery range . Also included is their very own enterprise class e-commerce website ‘homeofthesofa.co.uk’ hosted by Visualsoft. To ensure a smooth transition the owners are happy to train and work alongside new owners.
We believe that there is still further potential to increase trade should you wish, by growing the existing
e-commerce business, social media advertising, additional in-store sales, opening multiple stores, franchising or as a simple bolt on to an existing business.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase an established profitable company which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday & Saturday – 10:00pm – 5:00pm
Sunday – closed

Leasehold
Term: 5 years
Remaining: 36 months
Rent: £35,000 pa
Business rates: £16,000
No vat or service charge payable

Ground Floor
Retail showroom comprising: open plan furniture displays, despatch area, office area, oak stairs leading to the first floor showroom and rear fire escape door.
Storeroom behind the office area.
Kitchen with sink drainer, base units, worktop, microwave (Panasonic), kettle, undercounter fridge, table, 2 x stools, coffee filter machine and toaster. W/C with wash basin, baby change and boiler (Worcester Bosch).
Electric metre cupboard.

First Floor
Furniture showroom with rear fire escape door.
Accountants office with stairs leading back down to the ground floor showroom.
Stockroom with wash basin.
W/C with wash basin.
Stockroom.

External
Frontage with parking for (4). Side and rear yard area.


EPC Rating C