Description

Business for Sale: Long established profitable Carpet & Bed shop

The business has been in the same ownership since 1988 and a carpet shop has been in the premise since 1959.

The business shows consistent profits, with profit for the last financial year in excess of £34,000, accounts are available upon request.

The business is located on a retail parade spanning three floors on a large housing estate in Middlesbrough, its sells carpets, linos, artificial grass and beds

It is operated solely by the owner, any fitting works is done by sub contractors

The current opening hours of the shop are

Monday 9-5

Tuesday 9-5

Wednesday 9-1

Thursday 9-5

Friday 9 – 5

Saturday 9-1

Massive scope for increased sales, no marketing takes please, the business has no social media presence or website, it relies solely on passing trade, on limited opening hours. Additional sales can be driven through direct marketing

The lease is currently on holdover and the landlord is willing to grant a new lease for a term to be agreed. The current rent is £8,800 per annum

The current owner wishes to retire and has reluctantly decided to sell the business. He will stay on for a month to conduct a thorough handover with the new purchaser.

NO DIRECT APPROACH – Viewing direct through Parker Barras as Sole Agent

Our Ref: 179025058

Map / Streetview

  • Address Berwick Hills, Middlesbrough
  • City Middlesbrough
  • State/county Teesside
  • Country UK

Overview

Property ID: PBE-6860

Contact Information

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