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Retail Property (out of town) for sale

Valley Road, Hebden Bridge, West Yorkshire, HX7

Leasehold 295 sq. m. | £29,950

Property Description

Commercial information

  • Business for sale
  • 3,175 sq ft (295 sq m)

Key features

  • REF 12552
  • LEASEHOLD BUSINESS
  • PINE FURNITURE MANUFACTURING

Full description

Tenure: Leasehold

LOCATION
Purdy Pine is located in Hebden Bridge, West Yorkshire.

The business is situated in the beautiful historic town of Hebden Bridge. The business is located in the centre of town with excellent car parking around the streets. There is also a large car park opposite the property. There are many residential houses and independent businesses located within the town. Hebden Bridge is a quiet town that receives a large amount of tourism. There are many attractions and the town is amongst picturesque country side and is a beautiful place to live and work, as well as a great place to visit.

The area has great public transport and there are a number of bus routes in the area. The town also has generous road connections. The A646 is approximately a 7 minute walk away.

There are many main towns and cities close by. Leeds is around 30 miles away and Manchester is a 1 hours' drive away, both of these cities are an easy commute using the main A-roads.

BUSINESS
Hilton Smythe welcomes to the market Purdy Pine. The business was originally established by our clients in 1996. The owners have built up an enviable reputation over the years, but are now looking to sell the business due to the desire to take a well-deserved retirement.

The business specialises in the craft of manufacturing pine household furniture. They produce popular products such as, beds, wardrobes, tables, fire place surrounds and much more. The business also offers solid wood kitchens which are installed and created to customer specifications.

This is a fantastic business for a purchaser with experience in the trade. We feel someone with the knowledge of the trade could boost turnover with the help of a marketing campaign. The business is currently generating an advised turnover of around 40,000 per annum with a gross profit of around 75%. The concern was generating between 80,000 and 100,000 per annum, before our client's unfortunate health problems.

The business is well-known in this location and already has a large client base from further afield, although this could be increased if a website was in place.

We are advised that the business has orders in place, which is great for the new owner. The manufacturers come fully fitted and complete with all machinery. The business really is a walk-in trading opportunity. We are advised by our client, that although the area has been prone to floods in the past, this has never effected the business.

The business focuses on selling high quality products. Our clients have run this business to an exceptional standard and would be a great purchase for any interested buyer. Hilton Smythe highly advise early viewing in order to avoid disappointment.

PREMISES
The unit is set in an old beautiful Yorkshire stone building overlooking the river and woodland.

Entrance door leading to showroom of a vast amount of products handmade by the vendor i.e. beds wardrobes, shelves, kitchen units, tables, and chairs.

Door to the left is the large workspace with many machines for woodworking. There is a dust and air extraction unit fitted in the workshop. Archway leading to further room with stock and machinery and door leading to small kitchen area with separate WC and hand wash room.

All machinery is included in the sale. An equipment list is available on request. Some equipment includes band saws, jig tables and planers.

Car parking to front of the property - lock up unit with single door entry.

TENURE
We are advised the business is being sold as a leasehold opportunity.
Rolling lease, new lease available.
Rent: 800 per month

HOURS
The business is opening hours-

Monday - Saturday: 9am - 5pm
Sunday: 10am - 4.30pm

Hours can be varied to suit the owner.

STAFF
The business is run and managed by our clients with the help of 1 member of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of 40,000 per annum.
Gross profit 75%


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