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Well Established Home Furnishings for Sale

Birmingham, West Midlands

Leasehold : 49,995

This sought after business is situated in a prime location on a major through road, at the edge of the Jewellery quarter, in the city of Birmingham and is surrounded by complimentary retail and commercial premises and as such has a high level of footfall and passing trade. Birmingham has become a very desirable business and residential location due to its fine housing, excellent shopping facilities, good schools and NHS services, many parks, historical attractions and central motorway network access. Birmingham is the largest of England's core cities, and is the second city of the United Kingdom. It forms part of the larger West Midlands conurbation and includes several neighbouring towns and cities, such as Solihull, Wolverhampton and the towns of the Black Country. Birmingham benefits massively from having easy access to the M6, M5, M42, M40 and connecting M1 motorways making UK travelling very easy

Recently refurbished - walk in condition
Situated in the busy city of Birmingham
Ideal partnership opportunity
Genuine reason for sale
Training provided

Business History
Meridian Business Sales are pleased to offer to the market which was established by our client in 2013. Our client is regrettably offering the business for sale to due a need to relocate. Since the business was established our client has invested time and money into the business and premises meaning that it is in full walk in condition. They have continually introduced new lines and income streams which have enhanced the business massively. Our client informs us that they currently generate a respectable annual turnover which is derived from offering for sale, home furnishings including quality living, dining and bedroom furniture together with associated accessories. Our client has established a good, low priced, budget range which is operated from above the showroom and is popular with landlords. Our client has worked exceptionally hard on the business' reputation and enjoys a good reputation within the community and as such has a high level of regular and repeat trade. The business has a well presented professional website and advertises in lifestyle magazines. The business also sees a high amount of new customers derived from good word of mouth recommendations and from its highly visible trading location. There is scope to increase trading hours, as our client is currently running the business as a pace that suits their lifestyle and the business is only operating on one of the 3 floors within the premises and there is massive opportunity to increase stock levels and add new lines and products. Currently the business is owner operated and is happy to provide training during the transition period. This is a superb opportunity to purchase an established business, with low overheads, and as such early viewing is highly recommended.

Trading Hours: Monday: 10:30am 5:00pm
Tuesday: 10:30am 5:00pm
Wednesday: 10:30am 5:00pm
Thursday: 10:30am 5:00pm
Friday: 10:30am 5:00pm
Saturday: 10:30am 5:00pm

Accommodation: Large treble fronted glazed premises with shutters leading to:

Open plan showroom split into sections

Lounge suites, tables, coffee tables
Dining tables, chairs
Bedroom Beds, bedroom furniture
Lighting Ceiling lighting and lamps
Soft furnishings

Serving counter

Tenure: We are advised leasehold
Original length: 5 years
Remaining: 1 year
Review: 2018
Rent: 700 per month
Lease can be extended after the 1 year.

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194 Advert ID 48239    Sellers Ref : 4540/BSOL

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