Business for Sale in Cambridge, Cambridgeshire NEW PRICE – CARPET & FLOORING SHOWROOM – CAMBRIDGE

Leasehold Price £50,000
( Offers in excess of)

Key Information

Reference
M35317E
Tenure
Leasehold
Status
For Sale
Region
Cambridgeshire
Sector
Carpet Shops
Rent Payable
Currently £17,500 per annum. The purchaser will be responsible for the landlords costs and fees in connection with the grant of the new lease.
Business Rates
Currently £4,990 per annum for the 22/23 year. This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.
Accommodation
No

Business Information

  • Long Established
  • High Quality Flooring Solutions
  • Well Fitted & Presented Showroom
  • Strong Profit Levels
  • Owner Parking to Rear
  • Excellent Reputation with Clients
  • Great Location in Cambridge
  • New Lease To Be Agreed
  • Ideal for New Owner Operator
  • Call Us Now for Further Details

PARTICULARS

We are pleased to present this excellent opportunity to acquire a very long established and successful carpet and flooring retailer based in the heart of Cambridge.

Trading from a well located and presented showroom and with a strong financial performance this would be an ideal purchase for either an owner operator looking to go into business for themselves or for an existing company that has staff capacity to manage a new branch.

Contact us to discuss further and to arrange a viewing.

THE BUSINESS ITSELF

The business was originally established over 40 years ago and has now been under the current ownership since 1995. During this time an excellent reputation has been built up with both customers and suppliers alike and much repeat work and recommendations are now enjoyed.

Offering a personable and flexible service with first class fittings and being competitively priced on a like for like basis, the business provides a range of high end flooring solutions from suppliers such as Kahrs, Westex, Quickstep, Rhino, Victoria Carpets, The Cormar Carpet Co, Woodpecker, Ulster and more.

The business is run by the owner with an excellent team of self-employed fitters and an ad-hoc book-keeper, without the need for additional staff meaning it is an easy operation to oversee. Strong consistent turnover figures are achieved together with an impressive adjusted net profit.

PREMISES

ALL MEASUREMENTS ARE APPROXIMATE AND FOR GUIDANCE ONLY.

The ground floor showroom is situated in a good location in Cambridge on a busy road with lots of passing vehicles and pedestrians offering good visibility and metered parking for customers outside.

The main showroom measures approximately 151 sqm loosely split into 3 areas each with a set of wide double width windows providing an attractive glazed frontage with a central entrance door. The room is well presented with carpet flooring and a fixed ceiling and is fitted out with many displays with enhanced lighting to show off the various product ranges.

In addition there is a managers office and separate kitchen and cloakroom off of this together with a further store cupboard. Externally to the rear are two parking spaces for the benefit of the owner/tenant.

All in all this is a very good opportunity to acquire an easy to operate and yet very profitable business and so we would recommend you registering your interest at your earliest convenience if this is of appeal to you.

FURTHER INFORMATION

REFERENCE NUMBER

M35317E.

OPENING HOURS

10:00am to 4:00pm Monday to Wednesday & Friday to Saturday.

TENURE

Leasehold. A new lease is to be negotiated with the Landlord on terms to be agreed.

RENT PAYABLE

Currently £17,500 per annum.

The purchaser will be responsible for the landlords costs and fees in connection with the grant of the new lease.

RATES PAYABLE

Currently £4,990 per annum for the 22/23 year.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

EPC

The Energy Performance Certificate shows a ‘C’ rating and a score of 58.

PRICE

Offers in Excess of £50,000.

For the benefit of the goodwill, fixtures, fittings & equipment. Stock payable in addition on completion at valuation. This is a business for sale as a going concern.

VIEWING

Strictly by appointment only, please call our Norwich Office on (01603) 662 662 to make an appointment.

FINANCE

Finance may be available to suitable purchasers.

BUSINESS TO SELL?

Let us know as soon as possible! Just ask for a FREE NO OBLIGATION VALUATION and one of our valuers will carry out a detailed marketing appraisal of your business at a time of your choice.

PREMIER MARKETING

We take care to present our businesses to a standard like no other. Offering quality property particulars as well as detailed information on all of the online portals and our own website, make your business stand out from the crowd - call us today!

UNHAPPY?

Do you feel you are receiving the level of service promised by your agents? If not, we would be happy to carry out a FREE no obligation marketing appraisal of your business.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

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