Situated in the market town of Leominster
High amount of regular and repeat trade
Scope to further develop the business
Well established business
Ideal for a first time buyer
Genuine reason for sale
Walk in condition
Meridian Business Sales are delighted to offer to the market this fantastic electrical appliances business which was established by our client in 1991. The only reason this excellent business is being offered to the market is due to our clients desire to take a well deserved retirement.
Since the business was established our client has continually developed and improved the business introducing new lines and income streams which have enhanced the business massively.
Our client informs us that they currently generate a respectable annual turnover which is derived from the sale of appliances, the repairs of appliances and supplying spare parts. Our client sells a range of appliances such as washing machines, dishwashers, fridge freezers and much more.
Our client has invested time and money into the business and premises to the point where it is in full walk in condition.
The business has been run at a pace to suit our clients lifestyle meaning that there is scope for a future purchaser to further develop the business by giving customers the option to purchase items online.
Due to the superb location of the business it enjoys a large daily passing trade and high footfall and customers are further attracted by the product range.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade alongside good word of mouth recommendations.
The business is well equipped throughout and is being sold with all fixtures and fittings included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent.
This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Grade II listed traditional property briefly comprising: GROUND FLOOR Secure entrance leading to: Shop floor Various displays/ shelving Serving counter FIRST FLOOR 3 x rooms used as storage Kitchen area W.C EXTERNAL 2 x car parking spaces used for loading/ unloading
This brilliant electrical appliances business is situated on a shopping high street in the market town of Leominster, Herefordshire. The business is surrounded by complimentary businesses, residential properties, travelling facilties and much more which are all beneficial for the business. The town itself has excellent shopping, recreational and educational facilities for a town of its size and the market town of Ludlow lies approximately 12 miles to the north and the Cathedral city of Hereford about 14 miles to the south. The town is easily reached via the A44, the A49 and the A4112 making commuting easy for anyone who wishes to visit.
Leasehold Term: We are advised Leasehold Rent: £9,000pa
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