Flooring Businesses for sale in Portsmouth

View the "Profitable Flooring Business With Eye-Catching Showroom, Situated On The Residential Outskirts Of Portsmouth." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Profitable Flooring Business With Eye-Catching Showroom, Situated On The Residential Outskirts Of Portsmouth.

Portsmouth, Hampshire, England

  • Leasehold Price: £250,000
  • Annual Turnover: £535,881
  • Annual Gross Profit: £223,640
Seller Reference: M3795
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Business Description
 
 
 
 
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Seller Reference: M3795
Request Details
Business Description
PROFITABLE FLOORING BUSINESS, SPECIALISING IN THE SUPPLY & FIT OF QUALITY WOOD & LAMINATE FLOORING, EYE-CATCHING SHOWROOM, AMIDST BUSY MAIN RD PDE, RESI OUTSKIRTS OF PORTSMOUTH, HANTS. Estab. by Vendor in 2001 – retirement sale. Undertaking both domestic & commercial flooring. Well fitted showroom displaying huge range of flooring from manufacturers such as Kahrs, Karndean & Pergo. Rear store room. 3 vans included. Showroom open congenial hrs – 6 days. Accts record T/O of £535,881 (ex VAT). GP £223,640 (41.7%). Offered with a new FRI lease for a term of 10 years (negotiable) at rental of £14,400 p.a.x. - £250,000 + S.A.V. (Ref. M.3795). PLEASE VISIT OUR WEBSITE: www.andrewgreenwood.com
Trading hours:
9.00 am until 5.00 pm from Monday to Friday and from 10.00 am until 4.00 pm on Saturday.
Number of employees:
3
Tenure:
Leasehold
Location Details:
The well fitted show room is located in a residential suburb, on the outskirts of Portsmouth, being situated amidst a parade of shops that front a busy main road, benefitting from on-street car parking.
Leasehold Term:
The premises are offered with a new full repairing and insuring lease for a term of 10 years (negotiable), commencing at an initial rental of £14,400 per annum, exclusive, subject to a rent review after the first 5 years of the term.
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