Shop for saleWestgate, Otley, West Yorkshire, LS21
Leasehold 140 sq. m. | £134,950
- Business for sale
- 1,506 sq ft (140 sq m)
- REF 12423
- SOFT FURNISHINGS BUSINESS
Soft Options is located within the charming market town of Otley, West Yorkshire.
The business is situated in the centre of Otley, amongst a plethora of business. This is a busy town centre that sees repeat trade from many local and surrounding areas. There is a great range of retail outlets in the area which cater for all requirements. Directly facing the store is a large pay and display car park, giving easy access for customers and an array of established shops including a Patisserie, two carpet/flooring shops, tobacconist, giftware shop, ladies fashion shop, computer shop, restaurant, garden centre and physiotherapists are all located nearby on this road.
The business is located on a main high street that runs through Otley town. This connects to the A660 and the A658, which are direct A-roads into Leeds. The centre of Leeds is just a short 30 minute drive away as is Harrogate town centre and Skipton making it an easy commute using great transport links. There are several bus stops dotted around the town and a train station approximately 3 miles away located in the next town.
Hilton Smythe welcomes to the market Soft Options. This soft furnishing business was originally established in 1993 by our clients. The owners have thoroughly enjoyed running this successful shop but are now looking to sell due to retirement.
This business sells a fantastic range of designer fabrics, wall coverings, curtain poles, tracks, blinds, shutters and is a stockist of the Little Greene Paint Company. This family run shop receives a consistent amount of repeat trade from loyal customers along with new customers from a large surrounding catchment area. All staff have many years of experience and extensive knowledge of the bespoke trade.
The business currently generates an advised turnover of around £220,000.00 per annum with a gross profit of around 34%. This is a healthy turnover which could be increased in various ways, by opening longer hours including Sundays, pursuing contract work, selling off the shelf products and investing time in social media promotion and advertising.
This is the perfect opportunity for someone with a passion for home interiors and has a creative flair who is looking for an already established business with an excellent reputation for quality and personal service. The current owners have run this store to an excellent standard and this is not to be missed. Hilton Smythe highly advise early viewing to avoid disappointment.
The business boasts a double fronted premise. This is a large shop that has three display windows across the front, giving a fantastic area for eye catching displays of the latest soft furnishings.
The main retail area is large with an open plan showroom with, a large Little Greene Paint Company display shelf, several curtain displays around the perimeter including seven units for fabric book collections and twelve fabric hanger stands. The service counter is located to the rear of the main sales area.
Through to the right is a separate area for further displays. This room currently has various blind and pole displays to the walls with built in storage for wallpaper and blind books, off this room is a stock room and staff kitchen and a further storage/stock room is located to the right of the main shop floor.
This is a well presented shop with great signage.
Equipment included in the sale-
Fixtures and fittings, book bars and hangers stands, fabric/wallpaper sample books and hangers, Little Greene Paint Company display stand and paint samples, pole blocks, display stands and counter.
A lease can be negotiated subject to relevant checks from 3 years upwards.
The business opening hours-
Monday - Saturday: 9:15am - 5pm
The business is run and managed by our clients with the help of one permanent and two part time members of staff.
The business generates a turnover in the region of £220,000.00 per annum. Gross profit 34%.
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