Retail Property (high street) for sale

Yeovil, Somerset, South West, BA20

£109,999

Property Description

Commercial information

  • Business for sale

Key features

  • Ref:1663 I
  • Leasehold

Full description

Business
Hilton Smythe welcomes to the market Fit and Furnish Limited. This superb business specialises in the retail of quality furniture to suit all budgets and was originally founded by our client in 2000.

The Fit and Furnish showroom is very well stocked and supplies a vast range of stylish well made products, artistically arranged throughout, including bedroom furniture, bathroom furniture, furniture for the dining and living room, a range of Indian furniture, outdoor products, kitchen furniture, hallway and office furniture. The business also provides a bespoke made to measure service.

The business is very successful with high turnover of circa £254,310 per annum and is very well known in the area with a fantastic reputation and benefits from much repeat trade. In addition, our client has secured several lucrative contracts including the supply of furniture to the military. In addition, the business supplies to care homes, hotels, guest houses and other local businesses.

Fit and Furnish also generates income from E-commerce sales via the businesses website Established some nine years ago and starting with around 500 products on-line the website has seen phenomenal growth and now offers over 7000 furniture products with the potential to expand even further. The business will also deliver nationwide.

Early viewing of this clearly sustainable business in highly recommended and is only offered for sale as our client looks towards retirement.







Location
Fit and Furnish Limited is ideally located in the town centre of Yeovil in Somerset.

Occupying a prominent position and clearly visible to passing trade, the business sits back from the main high street on Market Street and benefits from ample free parking and good footfall in the area.

In the 20th century Yeovil developed into a centre for aircraft and defence industries and still continues today, with the principle employer being the aviation group AgustaWestland. This vibrant town has a population of circa 40,000.

Yeovil has excellent public transport links with two train stations serving the town, and several major A roads, A3088, A37 and A303 providing good road links. The town is situated on the southern boundary of Somerset, 130 miles from London, 40 miles south of Bristol and 30 miles from Taunton. The business is conveniently positioned just a minute’s walk from the bus station.



Premises
Modern unit with multi-glass display frontage and good clear signage.
The showroom is spacious and over a single ground floor unit, fully fitted to suit the trade, with ample storage and retail space with products displayed throughout.
To the rear of the sales area is the sales desk and access to small commodity area.
The business benefits from additional storage and 7 private parking spaces to the rear.



Tenure
We are advised Leasehold on a rolling lease arrangement.
Rent is £2,083 per month.
We are advised the current business rates are £10,000 per annum.



Hours
Monday to Saturday 10.00am – 5.00pm
Sunday closed.



Staff
The business is owner run and managed with the assistance of 1 full time member of staff. The wages bill is £18,000 per annum.



Financial Profile
The business reports a healthy turnover of just over £254,310 per annum. With reported gross profit at £142,797.




Nearest stations

  • Yeovil Pen Mill (0.8 mi)
  • Yeovil Junction (1.5 mi)
  • Thornford (3.1 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 299002 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

  • Yeovil Pen Mill (0.8 mi)
  • Yeovil Junction (1.5 mi)
  • Thornford (3.1 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 299002 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 1663I. 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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