Business Summary:
Furniture Retail Store Including Freehold Property
Confidentially offered for sale
Ref No: IK139
Location:
East Midlands
Asking price: £625,000
This family business was founded in 1875 and the current owner is the fourth generation of the family to have owned this well established furniture store.
Situated on a main high street in a busy market town, the store has an enviable reputation for selling top quality, traditional furniture from a trusted local retailer.
The retail store stocks many household brand names of furniture, beds, carpets, fabrics plus a small china and giftware section, all at competitive prices.
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| Facilities / Terms of Lease:
The retail store totals circa 9,500 sq.ft over three floors. The first and second floors are both circa 3,400sq.ft, while the third floor is circa 2,000 sq.ft. All three floors are used as retail showrooms. The third floor has the possibility of being extended, should this be required.
An office and small counter are incorporated into the first floor showroom area. |
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| Potential
Growth/Expansion:
As shopping has become a seven day a week pastime to many, there is an immediate opportunity to open the shop for an extra two days in the week. The business currently closes every Wednesday and Sunday, which has always been the case, increasing the opening hours in line with other businesses in the town could certainly increase the profitablilty of the store. |
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| Reason for selling:
The owner wishes to Retire. |
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Seller Reference Number: IK139
BusinessMart.com Listing Number: 34441 |
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on this business
please fill out the form shown right 
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