£125,000

Retail premises for sale

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Retirement

£125,000

Retail premises for sale

Station Road, Colchester CO6

Local area information

Property location

Nearby amenities

  • Earls Colne Primary School and Nursery 0.6 miles
  • Colne Engaine Church of England Voluntary Aided Primary School 0.8 miles
  • Chappel & Wakes Colne 2.9 miles
  • Bures 4.2 miles

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

Features and description

An exceptional opportunity to acquire a well-established and highly reputable bespoke kitchen, bedroom, and furniture design and manufacturing business located in the thriving village of Earls Colne, Essex. This business has built a strong reputation over the 21 years since it was established in 2003 for delivering high-quality, custom-made furniture that combines craftsmanship with innovative design.

Key Highlights:

Established Reputation: Supported by a 5* Google Review, with a strong presence in the Colchester area and beyond, this business is known for its bespoke, high-quality kitchen, bedroom, and furniture solutions, tailored to meet the unique needs of its clients.

Diverse Client Base: The business serves a diverse range of clients, ensuring a steady stream of repeat and referral business.

Modern Workshop: The business operates from a well-equipped workshop with quality machinery and tooling.

Growth Potential: There is significant potential for further growth, including expanding into new geographic areas, increasing marketing efforts, and diversifying the product range.

Reason for Sale: Genuine reason for sale to facilitate retirement plans.

What’s Included:

All equipment, machinery, and tooling required for the operation

Existing client database and supplier relationships

Comprehensive handover period to ensure a smooth transition

Company website

Ideal Buyer:

This business would be ideal for an individual or company looking to enter the bespoke furniture industry or for an existing operator seeking to expand their reach. A passion for design and a commitment to maintaining the high standards of craftsmanship are essential for continuing the success of this business.

For more details and to arrange a viewing, please contact us now.

Don’t miss this rare opportunity to acquire a thriving business with a strong foundation and excellent growth prospects in the bespoke furniture industry. RX414866

Location

The premises is situated within a small industrial site along Station Road, Earls Colne in close proximity to Colchester (8 miles) Halstead (3 miles) and Sudbury (6 miles). The surrounding location benefits from being highly built up residentially

Tenure

The vendor is on a rolling yearly contract at a rental of £9,540 per annum exclusive. A purchaser can either take on the premises along with the business or alternatively relocate the business elsewhere if the unit is not required

Industrial Unit

A detached industrial unit with roller shutter to the front, leading into the premises which measures approximately 48' 2" x 34' 6" = 1,664 Sq. Ft. With a maximum eves height of 15' 11" down to a minimum eves of 12' 4". There is a small partitioned spray room to the back left of the unit which measures approximately 7' 11" x 15' 10" = 126 Sq. Ft.

The premises is equipped with the following item which are all included within the sale price; Felder K700s Panel saw (3 phase), Sedgwick Chisel morticer (3 phase), Sedgwick Spindle moulder with power feed (3 phase), sms 750mm Drum sander (3 phase), Cooksley 12” Planer/thicknesser (3 phase), Multico Tennoner TM3 (3 phase), Clarke XEV16/150 Compressor (3 phase), Dewalt DW738 Bandsaw (single phase), Wadkin Bursgreen Spindle moulder (single phase), Holzmann VD1100N lathe (single phase), Draper 370W Bobbin sander (single phase), Various dust extractors, benches and office furniture (including display kitchen)

Small Office

There is a separate small office that our client occupies which they use for the design side of the business along with all admin work

Trading Hours

Monday - Friday 9am - 5 pm. Workshop is available for use between 6am-7pm, Monday to Saturday, with access 24/7

Staff

The business is run by the vendors (husband and wife) with the assistance of various contractors

Turnover

Most recent Year End Accounts confirm a Net Turnover £128,840 with a Net prof £65,562. Full financial information can be disclosed to seriously interested applicants. Following a meeting with the vendor

Business Rates

We are advised there are zero business rates payable, should small business rate relief apply to a purchaser

Legal Costs

Each party to be responsible for their own, with the landlords legal costs to be split 50/50 (If applicable)

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Colchester
  5. Earls Colne
  6. Station Road