Retail premises for sale in City Road, Fenton, Stoke-On-Trent ST4, £43,750

43,750.00

Offer Nr.:
65857922
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Everett Masson & Furby
Phone(s):
01782 966715

* Leasehold
Seize the chance to own a profitable and well - reputed business specialising in
quality divans, beds, and mattresses. Nestled in the heart of Stoke on Trent,
Fenton Beds has been the go - to retailer for locals since 1992. With annual
sales reaching around £123, 000 and a remarkable gross profit of over £57, 000,
this business is a lucrative investment waiting to be snapped up.
_Why Fenton Beds Stands Out_
* _Exceptional Customer Service_ Our stellar reputation isn't just hearsay. With 45 Google Reviews at an average rating of 4. 4/5 and 40 5 - star votes on Facebook, customer satisfaction is our hallmark.
* _Prime Location_ Situated on the bustling City Road in Fenton, the shop boasts ample parking options and is conveniently on a bus route.
* _Safety & Security_ The premises are safeguarded by a robust CCTV system and full alarm set - up, assuring the security of both stock and setting.
* _Digital Presence_ A user - friendly website built on WordPress sets the foundation for future e - commerce possibilities, offering another avenue for revenue.
_Premises and Lease Terms_
The business operates from a leasehold commercial unit with a striking Fenton
Beds fascia. A 12 - year lease is currently in place, with a quarterly rent of
just £1, 029. 66. The landlord is open to renegotiating terms with the new
owner. The shop comprises a ground - floor showroom and first - floor storage,
covering a net internal space of 2, 909 sq. Ft.
_Unexplored Growth Avenues_
* Collaborate with local hotels for bedroom furnishing contracts
* Offer exclusive discounts to landlords
* Elevate marketing campaigns and harness the power of social media
* Consider extending opening hours and refurbishing the shop for a fresh customer experience
_Additional Information_
* Current trading hours: Monday - Saturday, with reduced hours on Thursdays
* Highly trained staff in place for a seamless transition
* Possibility to convert upstairs into residential accommodation, subject to landlord consent
* Van available for acquisition at its current value (~£8, 000)
* Price: £43, 750 + Stock At Valuation (sav) + Vehicle | Ref: M35275V
Please enquire if you would like more details and to arrange a viewing.

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