Flooring Businesses for sale in Farnham

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Supplier & Installer of Wood Flooring based in Farnham Surrey

Farnham, Surrey, England

  • Leasehold Price: £175,000
  • Annual Turnover: £420,000
Seller Reference: 1352
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Business Description
 
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Seller Reference: 1352
Request Details
Business Description
• Supplier & Installer of Wood Flooring based in Farnham.
• Highly visible upmarket town centre location
• Valuable inventory of quality fixtures & fittings
• Well-presented throughout
• Healthy turnover and profits with scope to improve
• Excellent local reputation for first class service
• Lots of potential for online sales
• Fantastic change of lifestyle opportunity
• Good mix of complementary businesses nearby
• Superb acquisition for expanding allied operator
• Genuine reason for sale

Falcon Commercial is delighted to offer for sale this long established and highly regarded independent specialist real wood floor business who are able to source virtually any floor from around the world. It has been serving both domestic and commercial customers throughout the local area for over 10 years and is now reluctantly being placed on the market as the owner wishes to focus on other business interests.

During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere, friendly service, quality workmanship and fantastic selection.

This thriving opportunity offers a range of fully bespoke finished wood flooring in planks, herringbone blocks and chevrons with styles to suit any interior design. Almost all of their floors are made to order and fitted by their own skilled tradesmen.

Wood Floors of Farnham enjoys an all year-round trade and has sales in the region of £420,000 with excellent gross profit margins. There is tremendous potential to increase the turnover and profits by possibly running a modest marketing campaign or by offering online sales as the business is currently without a major online presence.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

The Premises
Substantial leasehold building, that enjoys a highly visible trading position in the sought after trading town of Farnham in Surrey. The area benefits from excellent footfall as well as containing a good mix of independent and multiple businesses.

There is plenty of customer car parking.
The premises are fitted and well presented to create highly functional internal business accommodation.
The premises briefly comprise:

Ground Floor
• Retail area, containing a full range of modern, high quality fixed and freestanding purpose-built displays of wood flooring.
• Second showroom
• Kitchen
• Toilet

Business Details

Opening Hours
• 10.00am – 5.00pm Monday to Friday
• 10.00am – 4.00pm Saturdays
• Closed Sundays

Turnover
£420,000

Accounts
Accounts will be provided to genuine purchasers after a formal viewing

Business Rates
Business rates payable: £5160
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Stock
The business stock value is: minimal stock holding.

Staff
The business is run by the proprietor

EPC
Commercial Energy Performance rating: D

Legal Costs
Each party to bear their own legal costs incurred in the transaction.

Tenure
• Leasehold.
• The business is offered for sale on a leasehold basis. We are advised that a new secure lease was granted for a period of 10 years in 2018. The current rent payable is £18,000 per year.
Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website: www.leasingbusinesspremises.co.uk

Planning
Potential tenants are advised to make their own enquiries to Waverley Borough Council, The Burys, Godalming Surrey GU7 1HR

Viewing
Strictly by appointment with the vendor's agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081

Agents Note
Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thankyou

Tenure:
Leasehold
Location Details:
The attractive town of Farnham provides most daily facilities with Guildford and Haslemere also within easy reach. Rail services from Farnham and Haslemere provide access to London Waterloo. The A3 provides fast access to London, Heathrow Airport, the M25 and the motorway network together with easy access to the coast. Farnborough Airfield is 12 miles away with private aircraft landing facilities. There are excellent schools in the area along with good local golf courses nearby at Hindhead, Hank
Leasehold Term:
The business is offered for sale on a leasehold basis. We are advised that a new secure lease was granted for a period of 10 years in 2018. The current rent payable is £18,000 per year.
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