Commercial property for sale in Retail S9, South Yorkshire, £174,950

174,950.00

Offer Nr.:
63440550
Type of ad:
for Sale
Property type:
Commercial property
Contact name:
Ernest Wilson
Phone(s):
0113 482 9940

* Leasehold
* Showing Adjusted Net Profits of £168, 467
* Prime Trading Position with Good Motorway Links
* Operating in Relatively Easy Hours Over a Six Day Week
* Substantial Premises of Over 33, 000 Sq Ft with Sensible Rent
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.

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