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High Street, Cradley Heath, West Midlands, B64

POA
Chown Commercial Limited, Northampton
SIZE AVAILABLE

5,000 sq ft

465 sq m

SECTOR

Warehouse for sale

USE CLASSUse class orders: A1 Shops and B8 Storage and Distribution

A1, B8

Key features

  • New Lease
  • Freehold Option
  • Business Established over 45 years
  • Substantial & Secure Premises
  • Current owner seeking Retirement

Description

Operating from substantial, secure premises, and extremely well fitted parade of shops, the business currently primarily conducts a popular domestic market and commercial sales operation of an extensive range of carpet, flooring and bed products to a long standing private and public sector client base drawn from a wide surrounding catchment area.

The Business currently stocks an additional choice of associated floor coverings including vinyl floor coverings, together with a specialist stylish range of, Bedroom furniture all displayed to its very best advantage in a bright, spacious, and well-appointed showroom area. Totalling 5000sq ft
The business benefits greatly with being established for over 45 years, hence a loyal customer base with referrals. To improve upon the already high levels of turnover and profitability it has achieved since being established in? by the current owner, additional advertising would benefit the company's turnover and profit.

Turnover is £378000 actual per annum, with huge scope to vastly improve on the current net profit of £100000 +.

The premises are being offered with the benefit of a new lease or indeed a Freehold option for any other usage. The current owner /landlord also rents out two apartments on site.
The vendor is now looking forward to a well-earned retirement after a successful period of ownership. The existing business creates the groundwork and framework on which a new owner could continue to build.

The business is fully set up for continued operation and we believe it would make an attractive proposal for anyone looking to acquire a wholesale or retail business/unit in an established location.

EPC available upon request

High Street, Cradley Heath, West Midlands, B64

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cradley Heath Station0.5 miles
  • Old Hill Station1.0 miles
  • Lye Station1.7 miles

About Chown Commercial Limited, Northampton

1 Saxon Court, St Peters Gardens, Northampton NN1 1SX

At Chown Commercial we have a hands-on approach to working with our clients. Whether it is property acquisition, occupation, asset management, planning, development, disposal and management, a member of our senior team will be involved at all stages. We have in-depth knowledge of local and national property markets with expertise in all aspects of the commercial market.

We are able to draw on a range of specialists to support our clients in all aspects of their projects from inception to completion and beyond; ensuring the critical decisions are made to give the best possible outcome for our clients.

Notes

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Disclaimer - Property reference 9-11HighStreetCradleyHeaathWestMidlands. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chown Commercial Limited, Northampton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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