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Property Details
Enjoying all the considerable commercial advantages of its prime and much sought after trading position among other complementary outlets in the prosperous and densely populated Worcestershire town this thriving business has earned itself a priceless local reputation for its quality and product range and professional service since being established some 22 highly successful years ago by the current proprietor.
Operating from well fitted parade premises, the business primarily conducts a popular retail operation of an extensive selection of traditional and contemporary interior design products and accessories, together with a complementary range of soft furnishings including an excellent choice of curtains.and carpets also provides a bespoke design to completion production service of curtain and blinds for all of which a strong and established regular local customer base drawn from a wide surrounding catchment area combined with all the huge volume of year round passing trade generated by such a high profile retail position, results in consistently impressive levels of turnover and profitability. Run at present by the owner,3 fulltime staff and five part time staff who together have laid the most solid of commercial foundations for any new owner over the years in terms of facilities, reputation and goodwill, this would present a marvellous opportunity for anyone with some appropriate product knowledge seeking that wonderful combination of a flourishing and locally valued going concern operating in a popular and diverse retail and service sector of consistent high demand The business is also one which would naturally furnish any enthusiastic purchaser with ample scope for continued growth and increased profitability not least with regard to the possible expansion into other areas of the highly diverse furnishings and interior designs market, and to generally adopting a more vigorous marketing policy with its excellent existing products and services.
We would therefore unreservedly recommend a viewing of a very sound business and accommodation package of uncommon quality and real further development potential which only comes onto the market due to impending retirement and one which has consequently been very sensibly priced to encourage the earliest possible sale. Financial Information Current turnover in the region of £260000 per annum with good profits and scope to increase. Lease The premises are held on a flexible secure leasehold basis Rent The current rent stands at £22200 per annum. Business Rates and Council Tax We understand the business rates to be £2390 pa Trading Hours Monday – Saturday 9.00am – 5.30pm PROPERTY DESCRIPTION The business operates from substantial and well maintained -terrace parade premises which occupy an outstanding trading position among other complementary outlets on a busy High Street
Ground Floor Superbly fitted throughout and in excellent decorative order, the business accommodation on the ground floor briefly comprises the main front entrance into a bright, good sized and well appointed front retail sales and customer service showroom areas, affording ample display space for a wide selection of quality home furnishings and interior design accessories. Externally Occupying an outstanding trading position on a very busy suburban retail thoroughfare, to the exterior the business premises are well signed and attractively presented and afford extensive and inviting display window space onto a good size pavement display area. Fixtures & Fittings The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price.
Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please contact Kevin Stokes on 0121 452 5133 /07775903332
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