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Established Furniture And Interiors Business In Corbridge For Sale

Corbridge, Northumberland, UK
Asking Price:
£25,000
Turnover:
Available on request
Net Profit:
Available on request

An established FURNITURE & INTERIORS business for sale, occupying a prime central location within the popular village of Corbridge. The shop and online business maintains a healthy turnover and should appeal to a variety of potential buyers who wish to run either a lifestyle business or expand the operation. The sale includes all fixtures and fittings. The business holds approximately £25,000+ worth of sales stock items, which are available by separate negotiation. The owners can also provide handover assistance and advice.

Nicky Jones Furniture offers a variety of unique 'one-off' pieces of furniture; including vintage, antique, contemporary and painted. They also sell home accessories, cushions, throws, rugs, baskets and artwork. The business has operated for over 7 years and retains a very loyal client base, from both shop customers and strong social media presence.

The business offers excellent versatility and exciting growth potential for anyone seeking a life-style business, in a prime location, with a high level of loyal and regular customers. The shop location also enjoys a high volume of footfall and passing traffic due to the central village location, regular markets, attractions and consistent appeal for Corbridge's fascinating history, independent shops, cafe's, restaurants and pubs.

Due to the confidentiality of the sale and before any further information is provided, a non-disclosure agreement would need to be signed.

Property Information

Property:

Leasehold

Leasehold Rent:

£1,667 per annum

Location:

Busy prime trading location within the hugely popular and historic village of Cobrbidge, Northumberland. It enjoys excellent footfall from both locals buyers and tourists. Regular village markets and event days also ensure a regular flow busy with pedestrian traffic.

Premises Details:

The shop premises are in good condition throughout, occupying a busy central village location with excellent foot fall. It includes both ground floor and first floor retail space, a staff office, workshop, storage rooms and staff WC.
The current rent is £1667 per calendar month, and includes an option to extend. The rateable value is £17,750 per annum (Small business rate relief may be available)
Services – Mains gas, Mains water & drainage, Mains electric.
EPC TBC.

Business Operation

Expansion Potential:

The business offers fantastic versatility and could facilitate a variety of owners timescales and circumstances. It has been operated successfully in both smaller premises, having been initially operated as a lifestyle business, and also then expanded into much larger premises and deriving a much larger turnover. The owner has since 'managed' the business to fit around their circumstances and preferred timescales, in anticipation of retirement.

Competition / Market:

No immediate competition.

Reasons for selling:

Retirement

Trading hours:

Wednesday - Saturday 10:00 AM - 4:30 PM (Both shop and online). These hours have been specifically chosen to suit the current owners lifestyle, and can therefore easily be expanded.

Employees:
0
Years established:
7

Other Information

Support & training:

The owners are happy to assist with a handover advice and assistance.

Inventory / Stock value:
£25,000