Retail Franchises for sale in Coventry

View the "HEATING PARTS RETAILBUSINESS - WEST MIDLANDS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Freehold Price: £310000 Leasehold Price: £40000
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Business Description
HEATING PARTS RETAILBUSINESS - WEST MIDLANDS
Situated in the bustling city of Coventry
Well appointed & presented throughout
Scope for further development
Leasehold option available
Genuine retirement sale
Walk in condition
Low overheads
FREEHOLD

Business History
Meridian Business Sales are delighted to offer to the market this heating and gas parts business which was established by our client in 1995 and is reluctantly offered to the market by our client due to their desire to take well deserved retirement. Since the business was established our client has continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively. Our client has run the business a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our client informs us that they currently generate a respectable annual turnover, with good gross profits, which is derived from the sale of household and commercial heating and ventilations systems. There is scope to increase trading hours and a conversion to a two bedroom flat on the first floor (STPP) which may increase income. The business may benefit further from advertising and a professional website. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. Our client is happy to provide full training during the transition period and this is a superb opportunity for a 1st time buyer to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended.
Tenure: Freehold, Leasehold

Accommodation Details:
Well signed corner semi detached property, brick and tile lay briefly comprising: GROUND FLOOR PREMISES Secure glazed entrance door to: Retail shop counter Storage area with shelving and racking Office WC with hand basin FIRST FLOOR Kitchen with wall and base units Bathroom 3 other rooms - currently used for storage EXTERNAL Private parking

Location Details:
This easy to run central heating and parts centre sits amongst a small parade of shops on a busy lane in Coventry, West Midlands. The location is ideal as it sits on the main through road which leads to the centre of Coventry. The local area has a large display of residential homes with a good amount of commercial style businesses which all contribute to a consistent trade throughout the year. The location also benefits from having private and off road parking making it a very easy convenience for all who wish to visit. Coventry is a very desirable business and residential city which offers everything you would come to expect from a modern and thriving area. The city also benefits from having very easy access to the M6 and M5 motorway with Birmingham's international Airport and The NEC less than 10 miles away making visiting and commuting very easy.

Listed by: Meridian Business Sales Limited

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4475
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