£20,000

Retail premises for sale

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Business
Retirement
Leasehold

£20,000

Retail premises for sale

Barnstaple, Devon EX32

Local area information

Property location

Nearby amenities

  • Ashleigh CofE (VC) Primary School 0.1 miles
  • Yeo Valley Primary School 0.3 miles
  • Barnstaple 0.5 miles
  • Chapelton (Devon) 4.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Barnstaple to find out more about the local area.

Features and description

  • Leasehold
Furniture manufacturing & retailer, can be undertaken by competent and practical diy person or carpenter/bench joiner albeit a full handover is available, retirement sale, situated in the north devon capital of barnstaple, or could be re-located, or even amalgamated other similar business. Enjoying lucrative edge of town centre trading position, easily accessible, close car parks, bus and railway stations, just off the primary A39, a major route through the town.

Unique versatile showroom and manufacturing premises, approaching 3,300 square feet, with rent of just over £200 per week. Currently configured to provide customer consultation/showroom area, comprehensively equipped workshop, to include paint shop, and the machinery commanding a substantial replacement cost. Benefiting from loading bay providing parking for van, additional office. Staffroom/kitchen and cloakroom facilities.

Renowned business, in existence some 35 years, currently operated at a low level by the sole owner who now wishes to retire, no staff currently employed. Abundance of work in hand at any one time, with scope to increase considerably, to include supplying to the trade with approaches regularly received. Lots of recommendations and repeat business, longstanding website in situ proving valuable.

An efficiently run business, ideal for a couple, excellent systems in place centred on a basic manufacturing/production process, Sales 2022 £66,654, minimal overheads ensuring solid and reliable profitable business.

Leasehold Price £20,000 with stock at valuation approximately £15,000, Ref: MF35844N

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