Sold
Popular, Quality Carpet Shop With Accommodation
Manchester, Greater Manchester
- Asking Price: £243,500 +SAV
- Turnover: The business reported a turnover for 2017 of circa £257,000 with a gross profit of £99,000 and a great net profit.
- Tenure: Freehold
CoGoGo are welcoming to the market Baileys Carpet Centre, a very well-known and popular, quality carpet shop.
The business was established by our client’s family in 1983, though our clients have enjoyed their time running the business, they are now ready for their well-deserved retirement.
Baileys Carpet Centre offers a wide variety of high quality carpets and smooth flooring, specialising in wool carpets and currently stock a large choice of twists, velvets and patterned Axminister’s.
Our clients provide a high standard service for both residential houses and commercial offices/shops.
Baileys Carpet Centre has a fantastic reputation, with a high amount of custom coming from word of mouth recommendation and repeat customers.
The business currently holds a 5-star rating on google reviews, with customers stating;
‘Friendly and professional service throughout the whole process. Baileys carpets fitted a new carpet throughout our stairs, landing and attic. It's a beautiful quality carpet and was fitted to a high standard. Thank you’
‘Bathroom flooring laid today, and it looks lovely. So well finished around the pedestals. We had 2 bedrooms fitted with carpet last year by Bailey's and we are so pleased with the carpet and the fitting’
Our clients are offering a hand over period to ensure the continued success of the business.
The Commercial property comprises of;
• Large retail area
• Office area
• 3 bed flat above, which is currently used as storage, but could be used as living accommodation should the purchaser desire.
There is also a private car park to the rear of the premises and free street parking just a few yards from the shop. Our client currently rents a storage unit across the road at £400 pcm (optional for the buyer)
We feel there is scope to increase the already exceptional turnover by;
• Extending the opening hours
• Embarking on modern marketing schemes
• Introducing new lines of budget carpet, should the purchaser desire.
Early viewing is highly recommended situated as the business is in such a sought for location with a great financial profile. Viewings are strictly by appointment only.
Owner ran with a self-employed carpet fitter
Current opening hours are;
Monday – Tuesday - 9.30 am – 4.30 pm
Wednesday - Closed
Thursday – Friday - 9.30 am – 4.30 pm
Saturday - 9.30 am - 4.00 pm
Sunday - Closed
The shop is surrounded by complimentary shops and residential houses, providing lots of footfall.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property and Urmston train station just across the road (less than 3 mins walk away).
The area is also well served by the A/B-roads, with the B5214 and B5213 being within easy driving distance of the business, which links to the M60/M62 motorway network.
Baileys Carpet Centre is located on Higher Road, Urmston town center, providing lots of footfall.
The shop has great signage and window displays. Higher Road has ample free street parking and there is also a private car park to the rear of the premises.
Ground floor;
• Double fronted retail area – kitted out to suit the trade
• Ample carpet display stands
• Office area with storage
1st floor currently used as storage;
• Lounge
• Kitchen
• Bathroom
2nd floor currently used as storage;
• 3 bedrooms (2 double and 1 single)
Equipment included in the sale comprises of;
• Tall Perimeter carpet display stands
• Office desk and storage
• Lots of carpet samples
• Central display stands.
The premises have recently been re pointed and has double glazing throughout
The premises are fully alarmed and roller shutter to the front.
Tenure
We are advised the premises is Freehold
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