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Balmer Cut, Buckingham, Buckinghamshire, MK18

184 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,980 sq ft (184 sq m)

Key features

  • REF: 1981

Full description

Tenure: Leasehold

Hilton Smythe is delighted to welcome to the market this well-established bathroom retail and installation business in Buckinghamshire. The business was established by our clients` in 2010 and is only now being offered to the market due to our clients` wish for a well-deserved retirement.

The business is open 6 days per week and generates a turnover in the region of 142,203, with a gross profit of approximately 40%. Our clients` offer a wide range of premium design bathroom suites and sauna`s, including brands like Merlyn, Mereway, Crosswater, Keuco Accessories and Line Art furniture.

The business has an excellent reputation within the area for the high quality of goods and services available, which has resulted in a very loyal client base with a vast amount of repeat custom. We feel the turnover could be increased by extending the opening hours and perhaps opening on Sunday, as well as extending the range of products available.

The business already has an excellent website in place to promote the business and to advertise the range of products and services offered. We feel this is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.

This popular and thriving bathroom retail and installation business is ideally located on a busy industrial estate in Buckingham, Buckinghamshire. The business is located just off a very busy main road, very close to a supermarket and household recycling centre, therefore benefitting from a vast amount of footfall and passing trade.
Single storey industrial unit, briefly comprising:

122 metre sq showroom with:
Tiled flooring.
13 x premium display bathroom suites.
2 x display sauna`s.
Free standing furniture displays.
Customer seating/consultation area.
Mezzanine store/showroom with several display units.

External with:
Free vehicle parking area.

We are advised Leasehold:

Original lease length: 5 years
Remaining lease length: 1 year
Review every: 5 years
Rent: 700 per month

The business is open:

Monday - Friday: 9.30am - 4.30pm
Saturday: 9.30am - 2.30pm
Sunday: Closed

The business is owner run and managed with 1 x full time staff member and 1 x apprentice.

The business generates a turnover in the region of 142,203, with a gross profit of approximately 40%.

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