Soft Furnishing Shops for sale in Great Yarmouth

View the "SOFT FURNISHINGS – RETAIL + ONLINE WITH ACCOMMODATION" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £625,000 Price Reduced
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Business Description
This sparkling business is of a quality that rarely comes to market. Situated on a large corner plot on one of the main busy entrances to Yarmouth, this is the premier soft furnishings outlet in the area. Presented in immaculate condition with no expense having been spared in ensuring every detail and facet is best presented, this business will excite the most hardened of buyers. From the newly tarmaced large car park to the freshly painted walls this oozes class and profitability.

Having captured the market for retail and trade sales throughout this corner of East Anglia the online sales are now being built to generate a further large income stream.

There are two large flats on the first floor which are not currently let and are used for storage but could easily be turned into further revenue centres.

If this is the style of business you are looking for view quickly – they do not come any better than this!

ACCOMMODATION
ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY

Sitting in a corner plot of roughly half an acre, this beautifully presented building is a treat for the eyes. All profits have been continuously reinvested to enhance and improve the building and surrounds as well as increasing stock levels to offer an ever increasing diversity of sales opportunities. The car park has been renewed, the windows replaced with new double glazing throughout, the wiring redone. The ground floor retail area extends to some 6000sq ft and is split into easily identified areas – voiles and nets, rugs, blinds, curtains, curtain tracks and poles, fabric and haberdashery, bedding, all beautifully presented. From the moment you enter and see the strategically placed displays to maximise sales you will see why this is such a gem.There is a back room for cutting and making up, a staff room and w.c.

On the first floor are two large two bed flats (subject to planning - currently laid out as one four bedroom flat) offering a further c3000sq ft of space. The whole is currently used for stock storage but could easily be converted into two flats. With separate external access and separated from the retail area, these could generate significant extra income as either holiday lets or they could be let on AST's.

THE BUSINESS ITSELF


With a current turnover in the region of £500,000 and showing year on year growth of over 20% pa this is a highly profitable business. There are accounts and VAT returns available for inspection by serious prospective purchasers. The G.P. is over 40% and with the increase in online sales this is only going to grow. Since commencing online sales growth in this area has been over 200%pa.

The vendor currently satisfies the requirements of nearby caravan parks, hotels and boatyards as well as the large number of local people attracted by the value for money and reputation for quality the vendor has built up over the years.

The vendor feels there is still much scope for growth in both retail and online sales and will happily share his plans with suitable purchasers.

Tenure: Freehold

Listed by: Everett Masson and Furby
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WH32230E
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