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£50,000
NORWICH, Norfolk, Well established business located in
Price:
£50,000 Get Prequalified Today
Contact:
01302 849101
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Description:
Well established business located in Norfolk, turnover approximately 700,000 pa with good gross profit. Business including mail order website. VIEWING HIGHLY RECOMMENDED.
DETAILS
LOCATION
This business is located in the Norfolk city of Norwich. The city of Norwich is situated approximately 90 miles North East of London on the main A11 & A47 trunk roads. It also has good access to central England via the A47. Norwich is a progressive city with an excellent range of city centre shopping facilities and amenities. The area is currently undergoing an extensive range of commercial and residential developments. The business premises are located a short drive from Norwich International Airport in an industrial estate area. It is our opinion that there is potential for this business to be relocated within the local area should any potential purchaser wish. However it is our opinion that this particular location offers an excellent business opportunity.
BUSINESS PREMISES
The business premises consists of a single story industrial unit located in an industrial area North of the City Centre of Norwich. The premises has a car park to the front with loading facilities to the rear. There is a customer entrance area with a range of offices and a warehouse situated to the rear of the premises.
BUSINESS
The business trades as a DIY Cash & Carry/ Wholesaler. It has been established in excess of 14 years and has a turnover of approximately 700,000 pa. The business also has a mail order website facility which is accounts for between 5-10,000 per month of gross income. A range of customers include local and national customers spreading Norfolk, Suffolk, Cambridgeshire and further a field etc. The Internet website has an extensive range of products and has customers across the United Kingdom. It is our opinion that this business offers an outstanding opportunity for further development particularly from the Internet website.
HOURS
Open 5 days a week.
STAFF
The business is currently operated by the owner with the assistance of 2 staff members.
RENT & RATES
We are informed that the rent & rates combined are approximately 19,300 pa.
LEASE
TBC, however it is a renewable council lease with three year break clause's.
STOCK
We are informed that the current stock is approximately 165,000. PLEASE NOTE THAT THE CURRENT VENDOR IS HAPPY TO COME TO AN AGREEMENT REGARDING THE STOCK PAYMENT. ( POSSIBLE 50,000 ON COMPLETION WITH THE BALANCE BEING PAID OVER A 12 MONTH PERIOD). Which would mean on completion the 50,000 purchase price and 50,000 stock at value would be payable.
Property Type:
Commercial & Office Space for Sale
Amenities:
Internet Access
For sale by:
Agent/Broker
Phone:
01302 849101
Posted:
Contact:
01302 849101
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NORWICH, Norfolk, Well established business located in is a Commercial Property for Sale at 1d Hurricane Way in Norwich NFK. Find other listings like NORWICH, Norfolk, Well established business located in and listings near 1d Hurricane Way by searching Oodle Marketplace for Commercial Property for Sale in Norwich NFK.