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Advert Ref: N946

Leasehold Home Interiors Gifts Fragrance Business Sevenoaks For Sale

  • West Kent, Kent
Asking price:
£160,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

PRIME TOWN CENTRE LOCATION
WELL ESTABLISHED INCLUDING ONLINE SHOP
2 ADJACENT GRADE II LISTED SHOP UNITS
TREMENDOUS POTENTIAL FOR GROWTH AND EXPANSION
TURNOVER CIRCA £470,000 P.A. (INC VAT)

LOCATION
These charming Grade II listed business premises comprise 2 adjacent shop units, situated in the centre of this charming and affluent West Kent Town, benefitting from excellent infrastructure with good road and rail links. The business draws trade from over a wide catchment area, augmented by a strong online presence with e commerce.

BUSINESS
The business was established by our Clients some 11 years ago, has traded at the present premises for some 6 years and is now only being marketed as a result of their wish to retire. The business specialises in homewares, upcycling materials, gifts and has local exclusivity for a leading French brand of home fragrance products. The business has a strong online presence which could be expanded significantly.

TURNOVER
Turnover for the past year £470,000 (Inc VAT) @ 48% G.P.

STAFF
The business is run by a Husband and Wife with 1 Full timer, 3 Part timers and 2 casual staff WAGES: £2,500 PCM

HOURS
Mon to Sat 9.00am to 5.30pm (Sun 10.00am to 4.00pm)

PREMISES
Imposing shop premises comprising two double fronted Grade II listed properties professionally and tastefully fitted to trade with high end display fittings, cabinets and counters. Kitchenette: Store Room: Staff W.C. Cellar: with large store area.

TENURE
Held on two new 5 year leases with break clauses in the 3rd year TOTAL RENT: £29,000 P.A

EPC RATING
Not required as premises are listed

BUSINESS RATES
Currently payable Circa £1,000 P.A.

Property:
Leasehold

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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