J.Q. Carpets has been established for over 30 years, the successful business is the perfect opportunity for a new owner, be it their first business venture or an addition to their existing portfolio
The business has a high turnover and generates very healthy profits
One-bed flat above the property is included
Fantastic opportunity to expand the property and increase the value considerably
Excellent reputation and amazing customer service.
Alternative use of the building could include, Pharmacy, Dental or Indian Restaurant/Take-Away as there is a local demand for both
Location
Situated in the highly sought after suburb of Elson in Gosport, JQ Carpets is on a busy parade of ten local shops, the heart of the local community
Offering flooring solutions across Fareham, Gosport, Portsmouth, Southampton and the whole of Hampshire.
Gosport town sits on a peninsula on the South Coast of Hampshire, on the western side of Portsmouth Harbour
The large town has a population of over 80,000 making it the fifth largest settlement in Hampshire
Internal Details
The ground floor has a large open retail area, with a storage area to the rear. There is a toilet and kitchenette
One-bedroom flat on the first floor has it’s own private access
Please see the floorplans for further information
External Details
The rear of the property offers private parking two cars
Free customer parking to the front of the shop
There is a separate garage available to rent for additional storage space if required
Fixtures & Fittings
All fixtures and fittings not personal to our clients are included in the sale
Development Opportunity
The adjacent properties have been extended further back on the plot, this could see the property extended significantly, please see the attached floorplans showing the potential extension and layout
Property prices in the area are on average over £3,000 per sq/m
A two-bed flat on the first floor at 90sq/m should easily achieve a minimum of £250,000
This would also significantly increase the size of the ground floor and potentially make the property even more desirable for other commercial tenants and or business operations in other sectors
Financial Information
Turnover is over £375,000 per annum generating very healthy profits in excess of £80,000 per annum
The one-bedroom flat is currently let on an AST, returning £625 pcm
Full accounts are available upon request
Tenure
Nationwide Business Sales are pleased to offer this fantastic opportunity to the market at ‘Offers Over £350,000’
Additional Information
Part of Checkertrade so any new customers that move to the area can see the ratings and reviews from previous customers
The business has an experienced team of fitters that have worked with the company for many years ensuring customer satisfaction is paramount
JQ Carpets has a dedicated website, please visit
https://---.------------.--.--/
* £80,000 profit
* Turnover £350,000
* Opportunity to develop
* GDV £600,000
* Fantastic location
* Healthcare option
* Fast food option
* Private parking
* Outstanding opportunity
