PROPERTY DETAILS
Lease terms:
The leasehold premises are high profile, located in an established High street position.
On the ground floor only, the annual rent and rates bill is £13,500. The lease has three years to run but it is thought could easily be extended.
BUSINESS DESCRIPTION
Established Interior Design Consultancy and Soft Furnishings Retailer
Ref.GK054
Location Surrey
Asking Price £ 240,000
Established in 1978 in its current premises, this family run business has grown steadily over the years and has established an excellent reputation for quality of workmanship and high levels of customer service. This has contributed significantly to it having built an extensive base of repeat Clients located right across the Surrey commuter belt and even further afield.
Operating from a very prominent High Street retail location in this affluent Surrey market town, this business offers an Interior Design Consultancy service based around a core of fabrics, curtains and furnishings alongside which there is a thriving making up and fitting service. The workmanship is to a truly high standard.
This business would not be out of place in Knightsbridge or Kensington working as it does with all the leading brands including Designers Guild, Colefax and Fowler, Osborne and Little, Romo Fabrics and Andrew Martin.
The business is unique in the area with few competitors and is therefore perfectly placed to satisfy the significant demand from the affluent residents of surrounding towns and villages. Alongside the domestic household projects that represent approximately 70% of total turnover, there is a thriving trade business – which includes show home work for a number of the UK’s leading building developers and projects on behalf of several local lettings and property management agencies. Regardless of the size of the project – from the smallest set of cushion covers through to a complete home design concept this business prides itself on its detailed knowledge, experience and expertise, competitive pricing, high levels of customer service and after sales service.
Expansion Potential
Despite being in operation for many years there are still many avenues of growth available to this business as it continues to evolve in response to changes in the marketplace. This business has an excellent opportunity to build up the fee paying, consultancy side of its business, which is a relatively new development – with a consequent positive impact on cash flow, turnover and profitability – with customers paying the suppliers direct and fees charged going straight to the bottom line.