Soft Furnishing Shops for sale in Staffordshire

View the "Interior Design Soft Furnishings Retail Business, Staffordshire, For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Ian McGregor (Nov 2013)
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Freehold Price: £200000 Leasehold Price: £70000 Annual Turnover: £275,000
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Business Description
Aspire is pleased to present for sale this interior design and soft furnishings manufacturing and retail business, with possible freehold, ideally located in a high street position in North Staffordshire. The premises benefit from wide, prominent frontage with high roadside visibility, attracting much passing trade.
The business is surrounded by a wide range of complementary shops and businesses, with car parking close by and easy access to public transport.
The affluent town is a desirable residential location, with many local attractions, parks and gardens and a vibrant town centre.
The area is serviced by a large number of A-roads, with the motorway network accessible approximately 15 miles away.

The business has been in the same family for over fifty years, and is only now offered for reluctant sale due to retirement.
The owners have developed an enviable reputation, with a loyal customer base ensuring much repeat trade. The business stocks a large range of textiles and soft furnishings, including a full made to measure curtains and blind service.
The owners have invested in a full e-commerce website, which is also linked in to eBay. Social media is also used to market the business. It would be possible to extend these activities, subject to staffing levels.

The business trades from a three storey traditional brick built mid parade property, with two fully height display windows and a central door.
The internal sales area is divided into four rooms, each with individually designed displays. There may be potential to open up these areas to provide a large sales floor. Also to the ground floor is a staff kitchen area and WC, along with a rear door and loading bay used for deliveries and collections.
An internal staircase leads up to the first floor. This currently accommodates the cutting room, main office and additional office. There may be scope to introduce a first floor showroom.
The second floor houses a large, open-plan make-up room.
Externally there is a private yard with 5 car parking spaces.

Leasehold business for sale - £70,000
New lease to be assigned
Annual lease rental – approx £18,000, TBC
Annual turnover - £275,000, GP 38%
Annual business rates – currently exempt, 100% relief

It would be possible to purchase the freehold for the premises as described.
Freehold property - £200,000

There are also two freehold apartments available to purchase, both currently rented out on standard 6 month tenancy agreements, producing a monthly income of £925.00.
Flat one has a lounge, kitchen, small bathroom, a double and a single bedroom, and a single garage.
Flat two has a lounge, kitchen, shower room, a double bedroom and a single garage.
Freehold apartments - £180,000

Further details are available on request.

This is an excellent opportunity to acquire a thriving interior design and textiles retail business, in a strong trading location. Early viewing is advised to fully appreciate the size and location of this business. Prompt, confidential discussions with Aspire are strongly recommended.

www.aspirebusinesses.co.uk
Tenure: Freehold, Leasehold

Location Details:

Located in a high street position in North Staffordshire. The premises benefit from wide, prominent frontage with high roadside visibility, attracting much passing trade.
The business is surrounded by a wide range of complementary shops and businesses, with car parking close by and easy access to public transport.
The affluent town is a desirable residential location, with many local attractions, parks and gardens and a vibrant town centre.
The area is serviced by a large number of A-roads, with the motorway network accessible approximately 15 miles away.

Leasehold Term:

New lease to be assigned Annual lease rental – approx £18,000, TBC

Listed by: Aspire
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