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8418DE DERBYSHIRE F\H £125,000 FURNITURE RETAILER/ INVESTMENT PROPERTY
For Sale
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Description : |
THE BUSINESS
Advent Business Sales have been instructed
to offer for sale this popular and well
established business.
Currently staffed by the vendor the business
offers a range of furniture including beds,
suites & sofas, wardrobes and dining room
furniture display in a spacious ground floor
showroom.
In addition to the business, an additional
rental income of £120 per week is obtained
from 2 self contained flats to the first floor.
The business currently trades on easily
manageable hours with strong profit margins
and high levels of repeat business.
TRADING HOURS
Mon/Tues/Thurs/Fri/Sat: 9.00am-5.00pm
Weds: 9.00am – 1.00pm
Sun: Closed
EXPANSION POTENTIAL
While already a successful business there is
still excellent potential for growth from
increased marketing and longer opening
hours.
The premises also offer potential for the
ground floor to be easily converted into a
further 2 spacious self contained flats
providing additional rental income which is
highly sought after in this locality.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £150,000
Gross Profit: 50%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business. |
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Location : |
The business occupies a prime location in the central shopping area of Ilkeston, a bustling town on
the Derbyshire and Nottinghamshire Border.
The surrounding area is very densely populated and there are excellent parking facilities
including a pay and display Car Park approximately 50 yards from the premises.
Ilkeston Benefits from excellent transport links including access to junction 26 of the M1
motorway as well as A-roads to the cities of Derby & Nottingham. |
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Trading Hours : |
TRADING HOURS
Mon/Tues/Thurs/Fri/Sat: 9.00am-5.00pm
Weds: 9.00am – 1.00pm
Sun: Closed |
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Accommodation : |
In addition to the business, an additional
rental income of £120 per week is obtained
from 2 self contained flats to the first floor.
The premises also offer potential for the
ground floor to be easily converted into a
further 2 spacious self contained flats
providing additional rental income which is
highly sought after in this locality. |
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Tenure : |
Freehold
We are advised that the annual business
rates are currently: £1,000 |
Request more information on this business for sale:
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