Retail premises for sale in Kingsbridge, Devon TQ7
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Property description
Independent furniture makers based south devon, in the glorious and affluent south hams, close kingsbridge and the coast, occupying an idyllic countryside setting, providing an enviable working environment. Supplying customers nationwide, offering a range of solid wood furniture from several collections for which drawings, instructions and templates are held, with a niche in dining tables and chairs.
Operating from easily accessible light industrial premises, approx. 1,650 square feet, providing manufacturing area, finishing room/showroom, storage, kitchen, and cloakroom facilities. All comprehensively fitted and equipped, the equipment inventory alone commanding a replacement cost in the region of £30,000. Benefiting from ample parking and low overheads, rent less than £150 per week, and receiving 100% business rate relief.
Respected business with strong brand, receiving top reviews, and recommendations, ensures some 4 months' work in hand at any one time, with limited advertising undertaken. Priding itself on the quality of its products, using ethically sourced timber. Sales 2023 £125,648 ex Vat, Gross Profit £95,996, consistent levels of profitability, all from flexible working hours, the business operated on a lifestyle basis, with scope to grow.
Leasehold £57,500 sav (Offers in Excess of) Ref: MF35979N
For more information about this property, please contact
Everett Masson & Furby, EX11 on +44 1404 228955 * (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 Everett Masson & Furby, and do not constitute property particulars. Please contact Everett Masson & Furby 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.