Well established VIRTUALLY FREEHOLD (long leasehold property 970 years unex
Price:
Freehold - £495,000
Leasehold - £495,000
Business Type:
Retail businesses, Service Businesses
Nationwide are pleased to offer to the market : The business we understand has been established for approximately 25 years and has become one of the leading Home Improvement Companies in the South East of Kent.
Since its inception the business has enjoyed substantial growth, earning an excellent reputation for the installation of windows, doors, conservatories, facias, soffits, together with other related services.
Offering the latest Energey rating and Secure By design products.
There are essentially three aspect to the business:
1. Surveying, supplying and fitting the custom made products
2. Trade sales counter supplying a full range of glazing and home improvement products to both the trade and DIY market.
3. Servicing department carrying out installation and repairs of all associated products including a full locking service.
All products are manufactured to the highest standards and quality by local and national suppliers.
The business is operated from a small industrial estate comprising 3 modern industrial interlinked units probably around 5,000 sq. ft. in total.
Parking in front of premises for 8/10 cars plus large skip (for waste glass)
BUILDING 1. Ground floor showroom with 2 conservatories, porch plus display of glass.
Adjoining glass cutting room plus storage.
Staff cloakroom with w.c. and wash hand basin
Kitchenette
Stairs to mezzanine floor comprising large office
ADJOINING & INTERCOMMUNICATING UNIT 2. Ground floor, archive room. Storage areas.
Stairs to mezzanine floor comprising 2 large office area
ADJOINING & INTERCOMMUNICATING UNIT 3. Trade counter.
Main glass storage area
Additional staff w.c. and wash hand basin plus kitchenette
Stairs to mezzanine floor comprising large managers office, fully computerised management system plus stock area
All the offices are fully furnished to a good standard.
6 Sign written vans comprising Fiat & Renault Vans - 05 - 07 plates registrations
WE ARE INFORMED the trading and profit loss account year ending 31st March, 2011 showed sales of £1,382,340. Gross profit of £348,821. i.e. 25.23%
We understand the premises are virtually freehold being long leasehold property HAVING APPROXIMATELY 970 YEARS UNEXPIRED AT A PEPPERCORN GROUND RENT.
Uniform Business Rates: £6,000 p.a. approx.
OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED COMMERCIAL BUSINESS, WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
OFFERS INVITED TO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £495,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Operated from a small industrial estate, KENT LOCALITY
Monday - Friday inclusive - 8 a.m. - 5.30 p.m.
In addition the trade desk opens Saturday morning
North Yorkshire
£ 750,000
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