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Sunderland , Tyne and Wear, SR2

£199,950

Business rates & charges may apply

Hilton Smythe, Bolton
SECTOR
Workshop for sale

Key features

  • Ref:B06192
  • Leasehold

Property description

Business
Hilton Smythe welcomes to the market an extremely well established and highly rated kitchen and bedroom showroom, located in the North East. The business was established in 1999. Only now does the business come to the market as our client is looking to retire.

The business provides luxury kitchens and bedrooms of all different styles and sizes. Currently trading 6 days a week and generating a turnover of £307,240 per annum.  

The business has been manufacturing for 45 years and has been at the same premises for 20 years. The business has been built successfully on recommendations, high quality workmanship & service.

Our client is offering a hand over to ensure the continued success of the business.

Reasons to buy:

  • Excellent area
  • Scope to increase turnover.
  • Well established with a great reputation
Assets included in the sale comprise of:

  • Kitchen displays
  • Sample books
  • Furniture
  • Computer & Website
  • Sign written van
  • All machinery
This is a fantastic opportunity to acquire such a highly rated business. Viewings are by appointment only, to be arranged via Hilton Smythe.



Location
The business is Sunderland.

The area has excellent transport links with numerous bus stops well within walking distance of the property, with the nearest train station being within the town centre, approximately 2 miles away.

The area is well served by the A-roads.



Premises
The business is very well presented and maintained throughout, with excellent eye-catching signage.

Large open plan showroom with ample display kitchens and bedrooms.

The business benefits from free parking at the front of the building.

The building is secured with an alarm and shutters.

The business has a manufacturing unit with double doors for deliveries which is attached to the showroom. 



Tenure
We are advised the business is being sold on a Leasehold basis with 2 years remaining on the original 3 year Lease, rent is £1300 per month.



Hours
The showroom opening hours are as followed:

Monday to Thursday - 10:00am - 16:00pm

Friday - 10:00am - 15:00pm

Saturday - 10:00am - 14:00pm

Sunday - Closed

Manufacturing opening hours are as followed:

Monday -Thursday  08:00am - 16:00pm

Friday - 08:00am - 15:30pm



Staff
The business has 1 full time staff member.



Financial Profile
We are advised the business generated a turnover of circa £300,000 in 2019, further financial information can be made available upon request.

Please quote reference B06192



Sunderland , Tyne and Wear, SR2

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Park Lane Metro Station1.6 miles
  • University Metro Station1.8 miles
  • Sunderland Station1.9 miles

About Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

At Hilton Smythe, we sell businesses. For those looking to buy or sell in the UK, we act as a bridge between buyer and seller. We pride ourselves on making the business sales experience more transparent, fair and enjoyable for buyers and sellers alike.

We market businesses using multiple market leading platforms and channels all with the aim of achieving the best price and outcome for our clients.

We’re a young, fresh and driven group of people with the knowledge and experience ne

More properties from Hilton Smythe, Bolton

Notes

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Disclaimer - Property reference B06192. 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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