Retail premises for sale in Hardware, Household & Diy BD5, West Yorkshire

Premier bathroom designers and suppliers in West Yorkshire for Sale.

In the same family ownership since 1940, this firm enjoys over £1 million pounds worth of turnover each year, serving affluent and discerning clientele as well as supplying to the trade. Run from substantial showroom premises and a trade counter in a West Yorkshire city centre, the business is well known and sits adjacent to the largest and longest established plumbing supplies business in the region. Boasting impressive profits on formal accounts showing net sales for the period to 31 March 2023 of just over one million pounds. Our clients wish to part company and pursue other interests now and are offering this phenomenally successful business at a fraction of its true value in order to facilitate a quick sale. Given the large value of the stock in trade at cost price, the asking price for the business goodwill and intellectual property has been substantially discounted, to assist potential new owners hit the ground running. There is also the opportunity to secure a tremendous domain name by separate negotiation. This domain was acquired some time ago but not used. The domain site is now being worked on now and would prove to be an invaluable asset to the existing business.
Basement, ground floor stores and trade counter and first floor showroom and offices. Basement: 2,277 sq ft. Ground floor: 1,171 sq ft. First Floor: 2,960 sq ft. Total: 6,408 sq ft (approximately 595 sq m).
Offered on a secure commercial lease for a term to be agreed with the landlord. The premises has been professionally assessed and rental in the region of £35,000 per annum is sought. Alternatively, potential buyers may wish to relocate the business. EPC Band D.
Stock £100,000.