Showroom for saleStubbington Lane, Fareham, Hampshire, PO14
- Business for sale
- Ref 13723 I
The business supplies and installs all sizes of conservatories, orangeries. conservatory roof replacements, double glazing, triple glazing, front doors, bi fold doors, French and patio doors.
The business assets include: -
Over £1m turnover,
Owned and managed by our client for over 3O years,
Full handover period offered.
Fensa registered company
The recent owner who managed the business drastically increased advertising and management costs which effected net profit last year but the business is back to the previous profit levels as our client has re took over ownership to get things back on track for the purchaser.
The business occupies a prominent corner plot on a busy link road in Hampshire.
The business is located within a vibrant residential area.
Corner plot with outside display, comprising of 10 conservatories.
2 rear admin offices
On site stock will remain property of the site owner and will allow any new buyer the opportunity to save on buying an above standard range of stock.
New 10 year lease to be offered.
3 year rent review,
5 year break clause
Rent of £4,000 per month.
Rates, water & sewage £500 per month.
The business opens 7days a week
Monday to Saturday 9.00am 5.00pm
Sunday 10.00am - 4.00pm
The business is owner run and managed with the assistance of 4 members of staff including 1 Admin Assistance and 3 Sales staff.
According to the 2016 accounts the business reports turnover at £1,173,718 with a gross profit at 20%.
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 13723i. 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.
* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.
Map data ©OpenStreetMap contributors.