Sovereign is delighted to present to the market this highly regarded bespoke bathroom showroom and plumbers merchant, available to purchase on either a leasehold or freehold basis.
This is a rare opportunity to acquire a long-established business with a strong reputation, substantial trading premises and an excellent customer base across Greater Manchester, Cheshire, Derbyshire and the surrounding areas.
The business supplies a comprehensive range of plumbing, heating and bathroom products to both trade and domestic customers. Product lines include traditional plumbing materials such as copper, lead and brass, together with a wide range of modern plastic plumbing and heating solutions suitable for both mechanical and push-fit applications.
In addition to its trade and retail supply offering, the business also provides bathroom design services and supplies products from a number of recognised manufacturers. This combination of trade counter sales, showroom retail and design-led bathroom solutions gives the business multiple income streams and broad market appeal.
The business operates from substantial and secure premises extending to approximately 10,000 sq. ft. The property provides excellent space for showroom displays, trade counter sales, warehousing and stock storage, together with on-site parking for up to 10 vehicles.
The premises are located in a thriving market town on the edge of the Peak District, approximately 15 miles east of Manchester. The location benefits from a strong residential and commuter catchment, together with excellent road and rail links, making it well placed to serve customers across the wider region.
The vendors are prepared to consider two routes to sale, giving buyers flexibility depending on their preferred acquisition structure.
Option 1 – Leasehold Business Sale
The goodwill of the business is available at an asking price of £120,000 + stock at valuation.
A new lease is proposed to be granted on the following basis:
Minimum lease term of 10 years
Full repairing and insuring lease
Rent reviews every 3 years
This option would suit an existing operator, bathroom retailer, trade supplier or ambitious owner-operator looking to acquire an established business without the requirement to purchase the freehold property.
Option 2 – Freehold Property and Business Sale
The freehold property, together with the business and goodwill, is available at an asking price of £995,000 + stock at valuation.
This option provides a purchaser with the opportunity to acquire both the trading business and the substantial freehold premises from which it operates, offering long-term security and potential asset value.
There is clear scope for a new owner to further develop the business through increased marketing, expansion of online sales, enhanced social media activity, further development of trade accounts and broader promotion of the bathroom design service.
With its established name, strong regional presence and substantial premises, this opportunity offers an excellent platform for continued growth.
The directors are now looking to sell the business and are open to either a leasehold business sale or a freehold sale including the property and business.
A suitable handover period can be made available by negotiation to ensure a smooth transition to new ownership.
Established bespoke bathroom showroom and plumbers merchant
Two purchase options available
Leasehold goodwill sale at £120,000 + SAV
Freehold property and business sale at £995,000 + SAV
Annual turnover of £528,325
Substantial premises extending to approximately 10,000 sq. ft.
On-site parking for up to 10 vehicles
Strong trade and domestic customer base
Multiple income streams from trade counter, showroom sales and bathroom design
Scope to increase online sales, digital marketing and trade account activity
Ideal bolt-on acquisition for an existing operator
Suitable for an ambitious owner-operator or industry buyer
