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Listed
09/12/22
Status
For Sale
Tenure
Leasehold
South Yorkshire

Details

FURNITURE RETAIL WAREHOUSE in Sheffield for Sale. This truly is an outstanding opportunity to acquire this long established furniture retailers which has been operated by our client since 1999 and has now been brought to market due to pending retirement. The business re-located to this site in 2007 - our client owns the freehold and will offer the substantial premises of over 33,000 sq ft on a new lease at a sensible rent. The business achieves an enviable turnover and remains consistently profitable whilst operating in relatively easy hours over a six day week - no late evenings or Sunday openings at present and a very limited online presence. Fantastic potential for new owners to develop and further boost trade. The business sells a variety of furniture including sofas, suites, beds, dining sets, wardrobes and cupboards. Scope to add garden furniture and flooring. An ideal bolt-on to complement an existing similar operation. Located within the heart of a busy industrial estate minutes from a busy main road and close to motorway links – PRIME TRADING POSITION. Annual Turnover £1.34m and showing adjusted net profits of £168,467 prior to depreciation and director’s remuneration on accounts for year ended 30th November 2021. Substantial premises arranged over two floors provide a variety of showroom space which is separated in to different departments including dining tables and chairs, wardrobes, cupboards and dressing tables, sofa suites, bed frames and mattresses. Mezzanine floor provides additional showroom space. Office, staff room, WC. Separate warehouse providing additional storage space. Externally large yard to side and rear currently housing a number of storage containers which are utilised as further storage or could be removed should additional exterior retail space be required. Car parking to front for 15 vehicles. The premises are bordered by security fencing. Stock £100,000. EPC Band C.

Retail

ID:

588673

Price

£174,950

Call 0113 238 2900 to request a viewing

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