Business for Sale in FROME, Somerset HOME & GARDEN STORE

Key Information

Reference

HA35828X

Tenure

Leasehold

Status

For Sale

Region

Somerset

Sector

Homeware Stores

Annual Sales

£719,271.00 Exc. VAT

Accommodation

No

Business Information

Destination HOMESTORE, established in excess of 100 years, offering extensive range of housewares, kitchenware, soft furnishings, some hardware, and gardening lines. Situated in EAST SOMERSET, on the edge of the Mendip Hills, occupying prime FROME town centre trading position, voted one of the best places to live in Britain by The Times, located just off the Market Place, surrounded by popular national and other independent businesses, adjacent shopper car parks.

Purpose built 2 storey premises approaching 6,000 square feet, part of shopping centre development, considered an anchor tenant, adjacent catering establishments and national retailers. The premises are very well presented and particularly well organised, offering a number of departments on the ground floor retail area, benefiting from ample first floor storage, offices, and staff facilities in addition to rear delivery bay and some private car parking.

Established 1906, under current ownership in excess of 35 years, now offered for sale to pursue retirement. A thriving profitable business enjoying a great deal of regular trade, excellent staffing structure in place, owner working part time in business. Sales 2024 £719,271 ex Vat Gross Profit £368,454 (51%), opportunity for six figure Net Profits to working owner, still offers further opportunities through the introduction of additional retail lines, currently all sales through shop with no online sales.

Leasehold £75,000 sav Ref: HA35828X