£57,500

Retail premises for sale

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Business
Leasehold

£57,500

Retail premises for sale

Kingsbridge, Devon TQ7

Local area information

Property location

Nearby amenities

  • Loddiswell Primary School 1 mile
  • Aveton Gifford CofE Primary School 2.2 miles
  • Kingsbridge Ferry Landing 4.2 miles
  • Cockleridge Ham Ferry Landing 5.1 miles

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

Features and description

  • Leasehold
Independent furniture makers based south devon, in the glorious and affluent south hams, close kingsbridge and the coast, occupying an idyllic countryside setting, providing an enviable working environment. Supplying customers nationwide, offering a range of solid wood furniture from several collections for which drawings, instructions and templates are held, with a niche in dining tables and chairs.

Operating from easily accessible light industrial premises, approx. 1,650 square feet, providing manufacturing area, finishing room/showroom, storage, kitchen, and cloakroom facilities. All comprehensively fitted and equipped, the equipment inventory alone commanding a replacement cost in the region of £30,000. Benefiting from ample parking and low overheads, rent less than £150 per week, and receiving 100% business rate relief.

Respected business with strong brand, receiving top reviews, and recommendations, ensures some 4 months' work in hand at any one time, with limited advertising undertaken. Priding itself on the quality of its products, using ethically sourced timber. Sales 2023 £125,648 ex Vat, Gross Profit £95,996, consistent levels of profitability, all from flexible working hours, the business operated on a lifestyle basis, with scope to grow.

Leasehold £57,500 sav (Offers in Excess of) Ref: MF35979N

More information

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  1. Zoopla
  2. Commercial for sale
  3. Devon
  4. South Hams
  5. Kingsbridge
  6. Loddiswell

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