RUG RETAIL BUSINESS – PRIME TOWN CENTRE LOCATION –WORTHING ONLY £19,500

RUG RETAIL BUSINESS – PRIME TOWN CENTRE LOCATION –WORTHING-West Sussex -  ONLY £19,500

An excellent opportunity to acquire an established rug and floor covering retail business occupying a prominent position within Worthing town centre. The business has been owner operated and offers significant scope for a hands-on proprietor to increase sales through enhanced marketing, social media promotion, online sales and extended opening hours.

The business currently achieves average sales of approximately £1,000 per week while operating on a relatively simple owner-managed basis. A new owner with enthusiasm and retail experience could unlock the considerable untapped potential available.

Key Features

• Established independent rug retail business
• Prime town centre trading position
• Well-presented retail premises
• Average sales circa £1,000 per week
• Owner operated
• Scope to increase turnover through marketing and advertising
• Ideal owner-managed opportunity
• 8 years remaining on lease
• Rent only £16,000 per annum plus VAT
• Currently no business rates payable (subject to eligibility)
• Genuine reason for sale
• Low asking price for quick sale

Huge Potential

The business has built a loyal local customer base but remains underexploited from a marketing perspective. Opportunities exist to:

• Develop online and e-commerce sales
• Expand social media presence
• Introduce complementary home furnishing products
• Increase local advertising
• Extend trading hours
• Target commercial and interior design clients

Tenure

Leasehold.

Approximately 8 years remaining on the current lease.

Rent: £16,000 per annum plus VAT.

The asking price represents an affordable entry into business ownership and offers an excellent opportunity for an energetic owner operator or family business seeking a retail presence in a busy West Sussex town centre location.

Viewing Arrangements

Strictly by appointment only. Staff are unaware of the sale and interested parties should not make direct approaches to the business.

All enquiries will be treated in the strictest confidence.

Applicants introduced through our agency are subject to confidentiality and non-circumvention provisions. Any negotiations, viewings or offers arising from our introduction must be conducted through our office. Subject to contract.