WELL ESTABLISHED DOMESTIC AND COMMERCIAL FLOORING BUSINESS

  • £255,000
Folkestone, Kent, England
WELL ESTABLISHED DOMESTIC AND COMMERCIAL FLOORING BUSINESS
Folkestone, Kent, England
  • £255,000

Overview

  • Business, Retail Businesses, Other Retail Businesses,Other Retail Businesses
  • Property Type

Description

SUBSTANTIAL RETAIL PREMISES
ESTABLISHED 1993
RETIREMENT SALE
HUGE POTENTIAL FOR MORE COMMERCIAL AND CONTRACT WORK
TURNOVER £1,022,734 (2023)

LOCATION
Details to be provided to serious applicants only

BUSINESS
The business is very well established, having been in the present hands for 28 years and is now only being marketed as a result of the Directors wish to retire. Tremendous potential exist for the introduction of more commercial and contract work which should increase turnover by a further £400,000 P.A.

TURNOVER
Accounts for the year end October 2023 show a turnover of £1,022,734. (Full accounts are available to serious parties)

STAFF
2 Directors plus Staff (Full details available on request)

HOURS
Monday to Saturday 9.00am to 5.00pm

PREMISES
Mid parade premises with attractive frontage and single entrance to: Retail/showroom Area: 217 SQM (2336 sqft) Office Area: Kitchenette: Staff W.C.
Note: The company currently rents a 100 SQM storage warehouse under separate tenure with a Rent of £9,000 P.A. Business rates of £2,829.33 P.A. and Service charge of £1250 P.A.

TENURE
A new lease on the shop will be granted to an incoming Tenant RENT £25,000 P.A. (5 Year reviews)

EPC RATING
TBC

BUSINESS RATES
£2,226.79 P.A. (23/24) Payable

Details

Updated on January 12, 2025 at 12:20 am
  • Price: £255,000
  • Property Type: Business, Retail Businesses, Other Retail Businesses,Other Retail Businesses
  • Tagline: Other Retail Businesses

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