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Reference M5790
Features
Plumbers Merchants with Bathroom Showroom
5 DAYS OPENING
Industrial unit in the region of 1,820 ft² with Extensive Kitchen & Bathroom show room, Reception desk & chairs, modern adjustable shelving, CCTV system (3 cameras), etc.
First floor sales trade counter with PC, 2x Articad Design software license ( 349.00/mth)
Staff Toilet with w.c. and wash hand basin.
Kitchenette
Turnover
WE ARE INFORMED by the owner the turnover currently averages £7,200 p.w. with a Gross profit of 33% approx.
Staff
The business is at present operated by the 2 partners with the assistance of 1 freelance designer.
Trading Hours
5 Day week
MONDAY - FRIDAY 9am - 4.30pm
SATURDAY by Appointments only
Outside
Parking space for 5 car.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (vendor) granted for 5 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £20,088 p.a. plus Maintenance for the yard £340.00/qtr
Business Rates from April 2025 £1,800 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £145,000 INCLUDING STOCK AT VALUATION (£30,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 72,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
« Search more Bathroom and Kitchen Retailers for sale in Cambridgeshire
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