Shop for sale

Charles Street, Worcester, Worcestershire, WR1

£36,000

Property Description

Full description

WELL EQUIPPED HOME APPLIANCES BUSINESS - WORCESTERSHIRE
Fixtures and fittings included in the sale price
Situated in the desirable city of Worcester
High amount of regular and repeat trade
Training can be provided if necessary
Advised annual turnover of 78,000
Ideal for a first time buyer
Genuine reason for sale
Walk in condition
LEASEHOLD

Location
This superb home appliances business is situated on a shopping high street in the desirable city of Worcester, Worcestershire. The business is surrounded by complimentary businesses, residential properties and is ideally situated 200 yards off the main high street deriving much of the businesses trade. Worcester is a truly beautiful city and a highly desirable business and residential location. The city and county have a wealth of fascinating, beautiful and exciting places to visit from the Majestic Cathedral on the banks of the River Severn to Royal Worcester Porcelain's Museum. Worcester is easily reached via the M5, the A4440, the A44 and the A449 making commuting easy for anyone who wishes to visit.

Business History
Meridian Business Sales are delighted to offer to the market this family run home appliances business which has been established since 1994 and in the careful hands of our client since 2009. Our client is reluctantly offering the business to the market due to her desire to concentrate on other business interests.

Since our client took ownership of the business she has invested time and money into the business and premises to the point where it is in full walk in condition.

Our client informs us that annual turnover currently runs at 78,000 which is derived from supplying parts for vacuum cleaners, washing machines, tumble-driers, cookers, carpet cleaners and much more. Our client also provides professional vacuum cleaner repairs and offers a Portable Appliance Testing service.

The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade.

Our client has continually developed and improved the business introducing new lines and income streams which have enhanced the business massively.

There is scope for a future purchaser to further develop the business and the website by giving customers the option to buy parts online. A new hands owner operator could also introduce a delivery/ collection service to increase trade and the turnover.

This is an excellent opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this brilliant business is not to be missed.

Financial Profile
Turnover: 78,000pa
Stock approximately: 10,000

Tenure
We are advised Leasehold
Rent: 13,000pa

Opening Hours
Hours to suit

Accommodation
Traditional property briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Shop floor

Serving counter

Display areas/ shelving

REAR
Workshop

Storage

W.C

Nearest stations

  • Worcester Foregate Street (0.3 mi)
  • Worcester Shrub Hill (0.5 mi)
  • Malvern Link (6.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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 stations

  • Worcester Foregate Street (0.3 mi)
  • Worcester Shrub Hill (0.5 mi)
  • Malvern Link (6.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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 4310. 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 Meridian Business Sales Ltd, 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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