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Well Established Carpet Business In Thornbury For Sale

Thornbury, Gloucestershire, UK
Asking Price:
£69,500
Turnover:
Available on request
Net Profit:
Available on request

A well-established carpet, flooring and curtain retail business which is situated in the very heart of the much sought-after market town of Thornbury, South Gloucestershire. The business has been established for over 35 years and occupies ideal low-cost premises with large free car park immediately opposite the shop. The shop stocks a wide choice of flooring and curtain samples which are all displayed in a bright and airy, well-appointed show room. The business draws custom from a wide geographical area and is successfully owner operated by a husband and wife, together with a team of fitters. The premises are on a secure lease and present a great opportunity for someone who wishes to build upon the already impressive trade.

Location

Grange carpets is located in the very heart of Thornbury in South Gloucestershire. The premises are ideally situated next to a free car park and the town of Thornbury is very affluent and is a general hub for many outlying villages. All main road links are nearby and the M5 motorway is only minutes’ drive away.

Business

The business has been operating for over 35 years and continues to enjoy a healthy order book, for many months in advance. Focusing mainly on traditional carpet floorings together with a range of curtains has proved to be a winning formula over many years. We, the agents, feel there is great scope to expand on wood, laminates, tile and LVT to complement the existing range. The business is a member of the ACG Buying Group. The current owners choose to close on Monday and Saturday afternoons, so the already impressive turnover could be improved by opening these additional hours. Actual trading accounts will be made available and a full hand over will be provided to ensure the smooth transition and continued success.

Accommodation

With a large multi pane window to front and glazed door to:

Show room

11.02m x 5.86m

A fantastic large open plan space with several Tombola’s, carpet lecterns, rug stands, wall mounted displays and at the far end, an open plan office area for customers to sit down and discuss their requirements. The retailing area benefits from a modern suspended ceiling and an array of different floor coverings.

Carpet store

To one side of the shop is smaller sectioned off area with large deep shelving for carpet rolls and general storage.

Kitchen / office

4.74m x 1.54m

Ideally situated just off the show room and with an array of wall and base fitted units with inset sink and drainer. At the far end is an office desk, chair and administrative storage.

Toilet

With a low-level WC and wash hand basin.

Parking

Immediately opposite is a free large car park.

Fixtures and fittings

All trade fixtures and fittings except for our vendor’s private inventory will be included in this sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.

Services

Main’s electricity water, telephone and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.

Business rates

Please make enquiries on the local valuation website (VOA) (currently the property is fully exempt from business rates because of small business rates relief)

Tenure

Leasehold

With a new negotiable length lease with a rental of around £10,000 annually.

Viewings

All viewings and enquiries are to be made through the agents, Ware Commercial.

Property Information

Property:

Leasehold

Contact Ware Commercial

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