Freehold Windows & Conservatory Business
Location England
Asking Price Range $250K - $500K
Gross Revenues $337511
Net Profit / Cash Flow $87354
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description FREEHOLD asking for œ349,950. Advent Business Sales have been instructed to offer for sale this well established business that has been trading successfully or the last 15 years. The current vendor purchased the business and freehold some 5 years ago and has now decided to take things easier and semi-retire, after being self employed for the last 30 years. The business essentially acts as a showroom for: Conservatories, windows, doors, fascias and guttering, cane furniture and conservatory blinds. The vendor is an installer and is FENSA accredited.
The property would suit a variety of trades or could be developed subject to obtaining the necessary planning consents. The vendor has informed us that a chartered surveyor has provided a report on the property with the following measurement in June 2004: front showroom 658 sq ft (61.1 sq m), kitchenette/wc facilities 79 sq ft (7.3 sq m), principal showroom area 2c675 sq ft (248.5 sq m), boiler/wc facilities 110 sq ft (10.2 sq m), principal industrial storage area 1c401 sq ft (130.2 sq m). First floor - 2 offices 773 sq ft (71.8 sq m). Total gross internal floor area 5c909 sq ft (548.9m).
The land registry records show that consent was given in 1983 for 6 retail units or a dentists/surgeon/physician. Planning would need to be reapplied for. The land registry document can be seen at time of viewing. We highly recommend early viewing of this business/property in order to avoid disappointment.
BUSINESS PREMISES - The property comprises of a showroom and warehouse premises which were probably constructed in the 1970's. The property is laid out over two floors and offers front and rear showroom areas together with first floor offices. The principal industrial area is served by a folding metal door.
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