High Street, Cradley Heath, West Midlands, B64

For Sale : GBP 0

Details

Property Type
5,000 sq ft

Description

*** PRICE ON APPLICATION ***

Property Details: • Type: 5,000 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • New Lease • Freehold Option • Business Established over 45 years • Substantial & Secure Premises • Current owner seeking Retirement

Location: • Nearest Station: Cradley Heath Station • Distance to Station: 0.5 miles

Agent Information: • Address: 1 Saxon Court, St Peters Gardens, Northampton NN1 1SX

Full Description: Operating from substantial, secure premises, and extremely well fitted parade of shops, the business currently primarily conducts a popular domestic market and commercial sales operation of an extensive range of carpet, flooring and bed products to a long standing private and public sector client base drawn from a wide surrounding catchment area.

The Business currently stocks an additional choice of associated floor coverings including vinyl floor coverings, together with a specialist stylish range of, Bedroom furniture all displayed to its very best advantage in a bright, spacious, and well-appointed showroom area. Totalling 5000sq ft The business benefits greatly with being established for over 45 years, hence a loyal customer base with referrals. To improve upon the already high levels of turnover and profitability it has achieved since being established in? by the current owner, additional advertising would benefit the company's turnover and profit.

Turnover is £378000 actual per annum, with huge scope to vastly improve on the current net profit of £100000 +.

The premises are being offered with the benefit of a new lease or indeed a Freehold option for any other usage. The current owner /landlord also rents out two apartments on site. The vendor is now looking forward to a well-earned retirement after a successful period of ownership. The existing business creates the groundwork and framework on which a new owner could continue to build.

The business is fully set up for continued operation and we believe it would make an attractive proposal for anyone looking to acquire a wholesale or retail business/unit in an established location.

EPC available upon request

Location

Address
High Street, Cradley Heath, West Midlands, B64
City
West Midlands

Map

Features And Finishes

New Lease, Freehold Option, Business Established over 45 years, Substantial & Secure Premises, Current owner seeking Retirement

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