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Retail Furniture Showroom For Sale

Leeds, West Yorkshire, UK
Asking Price:
£80,000 Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
Under £50K

Retail showroom in the middle of a busy shopping centre, supplying bespoke furniture, many made on the premises to customer specifications, along with re upholstery and home decorations.
Easy free parking, huge potential to grow.
Trading for over 20 years with a steady customer base and supply network.
Genuine reason for sale.
Current owner willing to a reasonable handover period.

Property Information

Property:

Leasehold

Lease Terms:

6 Years left on lease

Leasehold Rent:

£32,000 per annum

Location:

Situated in a busy retail high street shopping centre, with several high street names and large footfall, in the centre of Morley, a busy and upcoming town with rapid housing developments taking place

Premises Details:

Modern retail outlet, recently refurbished to a very high standard with over 3000 sq feet of showroom and stores

Size in square feet:
3,204
Planning Consent:

N/a

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Space to enlarge the showroom, and create more sales by offering credit facilities

Competition / Market:

None

Reasons for selling:

Retirement

Trading hours:

10 whist 4.00 6 days a week

Employees:
2
Years established:
2003

Other Information

Support & training:

Full support will be given for a smooth handover

Furniture / Fixtures value:
£5,000
Inventory / Stock value:
£25,000 - included in the asking price
Relocatable:
This business can be relocated