Plumbers Merchants and Showroom in Cambridgeshire For Sale

New Industrial Estate, office and commercial area, Cambs.

Turnover £ 5,000
Price £145,000

Features

Plumbers Merchants with Bathroom Showroom

5 DAYS OPENING
Industrial unit in the region of 1,820 ft², sales trade counter with PC, modern adjustable shelving, CCTV system (3 cameras, 1 monitor), etc

Extensive Kitchen & Bathroom show room, Reception desk & chairs.

Staff Toilet with w.c. and wash hand basin..

Kitchenette

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 33% approx.

Staff

The business is at present operated by the 2 partners with the assistance of 1 freelance designer.

Trading Hours

5 Day week
MONDAY - FRIDAY 9am - 4.30pm
SATURDAY by Appointments only

Outside

Parking space for 5 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (vendor) granted for 5 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £20,088 p.a.

Business Rates from April 2024 £1,200 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION (£30,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 72,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote