Nationwide welcomes to the market this PROFITABLE BATHROOM & KITCHEN BUSINESS. Sales year ending 31st March, 2018 showed £686,220 with a gross profit of £397,595. Situated in a parade, SOUTH ESSEX LOCALITY.
GROUND FLOOR SHOWROOM with Full Gas Fired Central Heating in the region of 2,000 sq. ft. Part tiled floor plus part line type floor, ceiling with inset spotlighting. Approximately 18 bathroom displays plus kitchen display area (with 2 kitchen displays at present).
Total of 4 w.c's with wash hand basins
Stairs to LARGE BASEMENT used for tiles display area
In addition there is a second basement used for stock purposesTurnover :
WE ARE INFORMED the turnover is in the region of £12,000/£13,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending 31st March, 2018 showed £686,220 with a gross profit of £397,594 (before sub contractors costs of £167,730).
OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS TO INCLUDE THE BATHROOM & KITCHEN DISPLAYS in excess of £200,000 plus STOCK AT VALUATION (£10,000/£12,000 approx. plus work in progress)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £200,000 (M4966)
Is accommodation included?:
Rear tarmaced parking area with parking for 6 cars