Retail premises for sale in Ely, Cambridgeshire CB6

£160,000
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • The largest mobility centre in its area with an excellent showroom
  • Turnover £392,484 with a pre-tax profit of £56,634
  • Extensive range of products with online and on-site retail sales
  • Local Click & collect and delivery service throughout the UK

Property description

Reference - 48003

Description
The business is in a expanding market in an expanding area. The business offers equipment and aids to the general public, care/nursing homes and the nhs. The business offers an extensive range of products including wheelchairs powerchairs, mobility scooters, rollators, riser recliners, profiling beds, bath lifts, stairlifts, through floor lifts, footwear and 100s of mobility aids. Annual turnover is currently £392,484. Shop sales £176,041, Non shop sales, ie hospitals £12,958, Ebay sales £15,310 (balance mostly wheelchair services) this is sales for year ending 31st July 2019

The business occupies a light industrial unit on a business park with 7,423 sq feet of floor space including showroom, storage, workshops and office. Continually increasing sales on Ebay, in the shop and with hospitals that can be expanded.

Additional opportunities include a new generation of remote-controlled hoists and ex rential scooters manual and eletric wheelchairs.

Sales
£7,136 per week shop sales and hospitals £6,155 per week, Ebay sales £981 per week

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday 09:00 – 17:00
Saturday 09:00 – 13:00
Sunday Closed

Staff
Managed by the Sales staff with owner input. 2 full time and 3 self-employed staff.

Building External
Two storey metal framed light industrial unit with double fronted showroom, windows and entrance.

Tenure
We are advised that the property is held on a 3 year lease which commenced in 2018. The annual rent is Rent approx £2,102 Per month tbc, Plus VAT £3,245.18 includes all utilities and rates.

Building Internal
Showroom is light and airy, false ceiling with lighting and air conditioning throughout. There is a raised portion of the showroom with a short stair lift leading to the demonstration profiling bed and bedroom. Main workshops have various floor coverings.

Summary
A great opportunity to acquire an established and profitable leasehold mobility business in Cambridgeshire, offering items and aids to the general public, care/nursing homes and the nhs. There is plenty of potential for growth through a new generation of remote-controlled hoists with continually increasing sales on Ebay and the business currently has contracts with two hospitals that can be expanded.

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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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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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