Shop for sale

Balmer Cut, Buckingham, Buckinghamshire, MK18

184 sq. m. | £50,000

Property Description

Commercial information

  • Business for sale
  • 1,980 sq ft (184 sq m)

Key features

  • REF: 1981
  • LEASEHOLD
  • BATHROOM SUPPLIERS

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established bathroom retail and installation business in Buckinghamshire. The business was established by our clients` in 2010 and is only now being offered to the market due to our clients` wish for a well-deserved retirement.

The business is open 6 days per week and generates a turnover in the region of 142,203, with a gross profit of approximately 40%. Our clients` offer a wide range of premium design bathroom suites and sauna`s, including brands like Merlyn, Mereway, Crosswater, Keuco Accessories and Line Art furniture.

The business has an excellent reputation within the area for the high quality of goods and services available, which has resulted in a very loyal client base with a vast amount of repeat custom. We feel the turnover could be increased by extending the opening hours and perhaps opening on Sunday, as well as extending the range of products available.

The business already has an excellent website in place to promote the business and to advertise the range of products and services offered. We feel this is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.


LOCATION
This popular and thriving bathroom retail and installation business is ideally located on a busy industrial estate in Buckingham, Buckinghamshire. The business is located just off a very busy main road, very close to a supermarket and household recycling centre, therefore benefitting from a vast amount of footfall and passing trade.
PREMISES
Single storey industrial unit, briefly comprising:

122 metre sq showroom with:
Tiled flooring.
13 x premium display bathroom suites.
2 x display sauna`s.
Free standing furniture displays.
Offices.
WC.
Customer seating/consultation area.
Mezzanine store/showroom with several display units.

External with:
Free vehicle parking area.

TENURE
We are advised Leasehold:

Original lease length: 5 years
Remaining lease length: 1 year
Review every: 5 years
Rent: 700 per month

HOURS
The business is open:

Monday - Friday: 9.30am - 4.30pm
Saturday: 9.30am - 2.30pm
Sunday: Closed

STAFF
The business is owner run and managed with 1 x full time staff member and 1 x apprentice.

FINANCIAL PROFILE
The business generates a turnover in the region of 142,203, with a gross profit of approximately 40%.


Nearest station

  • Wolverton (9.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Wolverton (9.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 1981. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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