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Long-Established Furniture Retailer on Busy High Street - Freehold or Leasehold

Kingswinford

Advert ref: 1041JRK

Amblecote Furnishers Ltd has served its customers in Kingswinford and beyond since 1974.

Based on the busy main thoroughfare, the business provides modern and traditional furniture from a 4,462 sq ft retail outlet, the freehold for which is also for sale by separate negotiation through Towler Shaw Roberts in Wolverhampton.

With a wide double glass frontage to the street, extensive showrooms over 2 floors, offices and stores, the premises provide a welcoming shopping environment where customers receive personal attention from the 2 directors.

The company employs 2 staff: one carpet fitter/delivery driver and a delivery and sales person.

Sales are consistently IRO £230k, with PBT IRO £20k and a Seller's Discretionary Income of c£57k. NAV c£38k.


Key features:

  • Long-established furniture retail business on busy main thoroughfare
  • Offering personal service since 1974 from extensive retail premises comprising 2 floors with extensive showrooms
  • Loyal clientele from the local area and further afield
  • Freehold available by separate negotiation 

Property Details: Freehold or Leasehold
Asking Price: Offers Invited
Turnover: £230,000 Annual
Location:

Based on the very busy main thoroughfare in Kingswinford, Amblecote Furnishers enjoys a prominent postion on a busy junction opposite a large supermarket where customers are able to park, if required.

Premises Details:

Based on 2 floors with a glazed double frontage, the premises offer extensive showrooms over 2 floors; the whole property extending to around 4,462 sq ft.

Lease Terms:
A new lease will be issued to the business buyer (subject to status), or the freehold may be available by separate negotiation.

Reason For Selling:
This is a retirement sale.

Long-Established Furniture Retailer on Busy High Street - Freehold or Leasehold Kingswinford

Financial Details

  • Freehold: undisclosed + Net Assets
  • Leasehold: undisclosed + Net Assets
  • Turnover: £230,000 Annual
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