Kitchen and Bathroom Studio Design & Installation

Price:

Leasehold - £175,000

Turnover:

Seller Ref:

IK230

Location:

Wales, South Wales County of Bridgend

Business Type:

Retail businesses, Service Businesses

See Other:

Bathroom & kitchen retailers for sale in Wales
Homeware stores for sale in Wales
Other service businesses for sale in Wales
Retail businesses for sale in Wales
Service businesses for sale in Wales

Description:

THE BUSINESS:

This company was established twelve years ago by two individuals with a lifetimes experience in the fitted kitchen market place. They design supply and install kitchens to predominantly A, B, and C demographic households within a twenty mile radius of their well appointed town centre showroom. The average value of a kitchen is circa £11,000 with many being substantially more. . The business has just been awarded a contract to supply and fit seven kitchens for a new development of houses with market values of around £1,500,000. Each installation will have a value of circa £40,000 and the work will continue throughout 2011.

They have excellent trading relationships with a number of suppliers including Crown, Chippendale and Prentice who provide handmade cabinets. Electrical appliances supplied are primarily NEFF and Hotpoint. In recent months the company has included bathrooms and showers into their range and this is proving to be a worthwhile strategy.

Location Details:

The premises will be available on either a leasehold basis for a rental figure of £18,000 per annum or alternatively as a freehold investment opportunity subject to a suitable purchase price being agreed. The building is an attractive and immaculate Victorian structure with a double frontage and is located in a prime town centre position with excellent parking facilities close to hand.

Lease Terms:

Rental figure of £18,000 per annum