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Retail, North East Lincolnshire

£35,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

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SECTOR

Commercial property for sale

Key features

  • Gross profit margin of approximately 42%
  • Well-regarded locally with a strong trading history
  • Potential to expand through online sales and digital marketing
  • Good visibility, easy access, and free parking

Description

FURNITURE STORE in Grimsby for Sale.

Superb furniture store located on a busy road through Grimsby, offering a rare opportunity to acquire a well-regarded independent furniture retailer with a strong local reputation and proven trading history. Positioned near major national operators, the business benefits from excellent visibility, easy access and free parking, attracting customers from across Grimsby and North East Lincolnshire.

Trading successfully since 2010, the business specialises in stylish, affordable furniture for living, dining, bedroom and conservatory spaces, alongside bespoke made-to-order items. Its reputation has been built on quality products, competitive pricing and a relaxed, customer-focused approach, generating strong repeat business and excellent reviews.

The premises comprise a spacious ground-floor showroom, a dedicated bedroom display area, and a rear dispatch and delivery bay with storage, staff kitchenette and WC facilities. The layout supports both an attractive retail environment and efficient day-to-day operations.

The business operates from a lease running from 2024, with a new lease available to an incoming purchaser, subject to status. Opening hours are Monday to Saturday, 9.30am to 5pm. Staffing consists of one full-time manager supported by self-employed delivery contractors, creating a lean and cost-effective operating model.

Financial performance is strong, with average weekly sales of approximately £4,000 and a gross profit margin of around 42%. The business also benefits from long-established commercial relationships that generate valuable repeat and referral business.

Further growth potential exists through the development of online sales and digital marketing, areas that have not yet been fully explored. With growing demand for furniture e-commerce, this presents a clear opportunity to increase revenue and profitability.

Overall, the store represents an excellent opportunity to acquire a profitable, established furniture retailer with a loyal customer base, strong margins and significant scope for future growth. EPC Band C

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson.

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Disclaimer - Property reference 591617. 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 Ernest Wilson & Co Limited, EW Leeds. 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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