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Floor And Wall Tile Retail Business Incl Freehold For Sale

Alton, Staffordshire
Asking Price:
£350,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Set in the heart of rural Staffordshire, this boutique style tile showroom was established in 2000. The business, including the large freehold showroom and 5 bedroom flat, is to be sold as a going concern as the owner is to retire.

The showroom sells floor and wall tiles including porcelain, natural stone, ceramic and mosaics and well as solid oak flooring and luxury vinyl.

In addition, the showroom also sells all necessary fixing materials including wetroom trays, boarding and undertile heating systems.

At present, the business caters towards individual residential projects attracting customers with upmarket products and a personal service.

The business serves customers across the Midlands and also provides a high quality fitting service via a self employed fitter who would be happy to continue working alongside a new owner.

Tiles are purchased to order and delivered within 3 - 5 days by suppliers either to the shop for collection/delivery or direct to the project address.

The freehold property consists of a period frontage shop in a village location with secondary retail space, garden and storage. The flat above has its own entrance with 5 bedrooms and 2 bathrooms which have previously been rented out. There is scope to convert the flat into 2 separate units subject to planning which would increase rental income.

The business would suit a new owner who would like to continue operating the business or look at ways to expand into interior design and further project management.

The business is in good standing with all suppliers who provide products and displays. The business operates as a partnership and no additional employees.

The present owner would be happy to offer a short handover period if required.

Most fixtures and fittings are to be included in the sale, however, some display stands and materials may be on loan from suppliers and may need to be negotiated separately.

Property information

Property:

Freehold

Living Accommodation:

Spacious 5 bedroom flat above that could be lived in by the owner or rented out. The owner has explored splitting the flat into two 2 bedroom units to increase investment income and/or holiday lets.

Location:

Central village location

Premises Details:

Wide frontage shop with 3 main showroom areas, kitchen and WC. 5 bedroom, 2 bathroom flat above with separate entrance. Garden and outbuildings to rear.

Size in square feet:
TBC
Planning Consent:

The property has previously had A3 consent for a coffee shop that used to run alongside the main business operation.

Business Operation

Expansion Potential:

Further expansion into whole interior design packages and online sales. The property is only 1 mile from Alton Towers Theme Park and as such, the flat may have potential as a holiday let STP

Competition / Market:

The business has successfully operated a design led approach to sales which sets it apart from the DIY warehouses.

Reasons for selling:

Retirement

Trading hours:

Tuesday - Friday 10.30am to 5.30pm
Saturday 10.30am to 3.30pm

Employees:
0 - business held in partnership which will be dissolved.
Years established:
19

Other Information

Support & training:

The owner is willing to offer assistance during a handover period

Inventory / Stock value:
£5,000
Website:
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Contact Information

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    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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