Retail premises for sale in Woodway Farm Industrial Estate, Bicester Road, Aylesbury HP18

£29,950
Retail premises for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property features

  • Affluent Trading Area
  • Accounts To Year End 31st August 2020
  • Annual Turnover £243,385
  • Gross Profit £127,674
  • Net Profit £13,503
  • Accounts Available After Viewing
  • 5 star Google reviews
  • Demand in place to undertake servicing
  • Jobs booked in up to 6 months in advance
  • Office run by staff
  • Retirement Sale
  • Flexible Lease on Showroom
  • Enviable Reputation
  • Free Parking
  • Sale Due To Ill Health
  • EPC - E

Property description

Ref 6662 – Leasehold Fireplace & Stove Business
Blacks Brokers are pleased to bring to the market this leasehold fireplace & stove business located in a popular and affluent area of Long Crendon, Aylesbury.


Introduction


North Mill Stoves Ltd has been trading for a long time. The company moved to a modern showroom on Bicester Road in 2018. Our client set up the business to meet local demand for high quality wood-burning stoves, supply, and installation in this area. The business is well known and has a good reputation with a large client base of regular customers. This customer base has been built solidly over the last decade and much trade has been generated by word of mouth recommendations, along with our client’s comprehensive website and advertisements in magazines. There was also an advertisement campaign started in September which targeted 25,000 homes in the vicinity. A number of superb reviews are noted on Google and . It is worth noting there is a large demand for servicing, however the business does not have the manpower to undertake this currently due to having a full diary booked up a minimum of 3 months in advance. The business is privileged to stock such prestigious brands as Contura Stoves.


Location


The business is positioned within a small industrial estate close to the M40 between Oxford and Aylesbury. This area is close to North Wessex and The Cotswolds. The area is well linked by the A418 with good public transport links and parking is available immediately outside. Neighbouring businesses offer a very good chance of increased footfall as they include a conservatory, joinery, bakery and mot garage to name a few.


Reason for sale


The business is ideally suited to a hands-on owner-operator and is being offered for sale due to our client’s retirement. The business presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The company’s new showroom is on a competitive rent on a flexible Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is a rolling monthly lease running at a cost of £150 per week. This includes 24/7 access to the secure industrial estate which has electronic gates.


Staff


The business is currently operating with our client as the chief installer, with the assistance of 2 hetas contractors, and 2 part time office staff handling general reception and secretarial duties, including overseeing the showroom, as well as invoicing.


Financial details


North Mill Stoves Ltd has traded well during the last ten years. Accounts for year ending 2019 show annual turnover of £257,504 and gross profit of £89,786. Full financial details are available upon viewing.


Summary


This leasehold business occupies a superb trading position close to a busy main road. Our client has built a strong base of high value customers and ensured the business has a reputation which is second to none. There is plenty of scope to develop the business further with the introduction of renewable energy source products such as heat pumps, solar water heating, biofuel and gas stoves. A strong marketing drive to secure more commercial customers could also be beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £29,950.

Please quote ref: 6662

Business Accommodation

Building layout and design

North Mill Stoves Ltd operates from a single storey barn style building with lawned area to the front. Inside, the main showroom is very well presented with wood burning stoves from various manufacturers on display and wooden flooring fitted throughout. The showroom is light and airy with modern lighting and décor. To the side is a staff kitchen area and there are also male and female toilets. All areas are presented nicely with good quality fixtures and fittings in place.

Opening Hours

Showroom Opening Hours

Mon - Fri: 11:00 - 15:00


Sat: 11:00 - 13:00

Arrange Viewing

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (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 Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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