Bathroom Retailers for sale in Cumbria

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Cumbria, England

  • Freehold Price: £500,000
  • Annual Turnover: £446,477
Seller Reference: MA1157
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Business Description
Seller Reference: MA1157
Request Details
Business Description
• Long established business for sale as a going concern
• Importers & suppliers of bespoke bathroom sanitary ware and tiles
• Excellent sales and profits figures
• Trades from prominent two storey showroom in Cumbria town

Long established family business specialising in the import and supply of bespoke bathroom sanitary ware and tiles from leading European manufacturers and is an agency for many top line European brands. It trades from a two storey showroom situated in a prominent location next to two supermarkets in a busy town in the heart of Cumbria.

The company undertakes a diverse range of projects spread across commercial property developments, hotels, local businesses, luxury and first time bathroom design and supply direct to the public or via developers, builders and architects and engages a number of reliable independent fitters.

Many lines are held in stock ensuring customers benefit from prompt supply and ensuring a reputation with the local community which has led to winning the Best Independent Retailer award from the Chamber of Trade and Commerce. This is a specialist business which prides itself on giving personal attention, technical and design advice to provide customers with the right products and prices.

The business would suit companies in the same sector looking to expand their operations or a private entrepreneur seeking to acquire a well established operation producing excellent profits.

The current proprietors are selling due to genuine retirement but will provide a period of support and training to new owners. The business is offered for sale as a going concern together with the freehold property.

Year Established: 1955
Turnover: £446,477 (y/e 31/07/2017)
Trading Hours: Mon-Sat 9.00am to 4.30pm
Staff: 3 part time shop sales staff
Reasons for sale: Geniune retirement
Expansion Potential: The business has been built on hard work and dedication to reach its current size but there is enormous potential to develop on-line trade and additional European speciality outlet.
Accounts: Financial and other information will be made available to bona fide applicants, normally after initial discussions with the vendor.

A two storey traditional stone building which has been developed over the years and now provides the following accommodation:

Ground Floor
Showroom Areas 270.1 sqm (2,907 sqft)
with large display windows
Office 15.6 sqm (168 sqft)

First Floor
Showroom Areas 279.9 sqm (3,012 sqft)

All references to areas and dimensions are deemed to be approximate.

We are advised that mains water, electricity, gas and drainage are connected to the property. It has gas central heating. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

We are advised the property is freehold.

Description in list: Shop & premises
Rateable Value: £18,500

The rateable value is not the rates payable and prospective tenants or purchasers should make their own inquiries with respect to the rating liability.

Included in the sale is an inventory of trade fixtures, fittings, equipment and furnishings. Any items not included in these particulars or the inventory are excluded. Stock will be valued separately and taken on completion.
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