Retail premises for sale in Sheffield, South Yorkshire S6

£39,999
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Well established soft furnishings business
  • Turnover £148,711 per annum (y/e 31/07/17), gross profit £76,866, genuine growth potential
  • Busy main road parade amongst local businesses, excellent reputation, extensive client base
  • Spacious well presented lock up showroom, retirement sale, viewing recommended

Property description

Reference - 47083

Description
This is a rare opportunity to acquire a long established and well-known soft furnishings business which is in the vibrant South Yorkshire city of Sheffield.

Park View Soft Furnishings occupies a prominent trading position in the bustling Hillsborough district of the city on a busy main road parade of shops amongst numerous local businesses with ample parking in the immediate vicinity. The business therefore attracts high levels of regular passing trade.

Having successfully operated within the locality since 1999, Park View Soft Furnishings has established a truly enviable reputation boasting an extensive and loyal client base whilst also enjoying regular referrals and recommendations.

Park View Soft Furnishings offers a professional and expert service ranging from a small, one off project to quite literally providing the inspiration for furnishing the whole house. The business provides a range of bespoke furnishings including designer wallpapers, curtain poles, cushions, pelmets and made to measure curtains which are created within the fully equipped in house workshop.

Park View Furnishings operates from a highly visible and imposing double fronted unit providing a spacious and versatile ground floor showroom which is light and airy creating a welcoming environment.

Park View Furnishings is a successful and lucrative business yet still offers genuine scope for future growth and development. The business would therefore represent a fantastic acquisition for an ambitious family unit who can exploit the true potential of the business which will naturally increase the turnover whilst ultimately significantly enhancing overall profitability.

This established and highly respected business is only now being offered for sale due to retirement and a viewing is strongly recommended to avoid disappointment.

Sales
Approximately £150,000 per annum.

Accounts
Available accounts are to year end 31st July and are summarised below:

2017 - Fees £148,711, Gross Profit £76,866



Trading Hours
Closed Sunday, Monday
Tuesday – Friday 09:00 – 17:00
Saturday 10:00 – 16:00

Staff
The business is managed by the owners with 1 full time and one part time staff.

Building Internal
The spacious showroom is light and airy creating a relaxed and welcoming environment. There is a good size, open plan workroom with an office, kitchen and storeroom located to the rear of the building. There is an outdoor staff toilet.

Building External
The highly visible and imposing double fronted unit provides spacious and versatile ground floor, lock up business accommodation.

Tenure
We are advised that the property is held on a 6-year lease which commenced in 2015. The annual rent is £9,000 exclusive (correct as advised on 01/04/19). Rent reviews are at 3 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a rare opportunity to acquire a well-established business with an excellent reputation and a bright future. Only now being offered for sale due to retirement, viewing is strongly recommended.

Residential Accommodation
There is no residential accommodation for owners/management available.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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