EXCELLENT OPPORTUNITY TO PURCHASE A FURNITURE BUSINESS WITH RETAIL OUTLET IN CLIFTON
WELL ESTABLISHED AND HIGH PROFILE CLIENT BASE
THRIVING BUSINESS WITH POTENTIAL FOR GROWTH AND EXPANSION
QUOTING PRICE FOR BUSINESS: £120,000 EXCLUSIVE
RENT FOR RETAIL UNIT: £23,500 PAX
The business's primary trade is the design, supply and installation of home office, fitted furniture, space saving beds and wardrobes and the company currently work for a number of high profile and private clients. The business currently trades well and has a good order book and we understand that there is potential to expand the business via growth of existing product lines and via entering into the kitchen market. Further details of the business and trading accounts can be made available upon request.
The property is situated in a high street position with excellent footfall and visibility. The property has an attractive glazed frontage and a large sales area with ancillary accommodation to the rear.
As per the Valuation Office Agency, the property has an approximate Net Internal Area of 73.15 sq m (787 sq ft).
The business is offered for a sale with a quoting price of £120,000 exclusive.
The retail unit is offered with the business by way of an assignment of the existing occupational lease. The existing occupational lease dated 17th April 2014 is drawn for a term of 10 years with a break clause at 17th April 2019 and the passing rent is £23,500 pax.