Ref 5879 – Leasehold Kitchen & Bathroom Showroom Blacks Brokers are delighted to bring to the market this leasehold kitchen and bathroom showroom located in Dudley Port, Tipton. Introduction
Hilton Kitchens & Bathrooms Ltd has been trading from Imex Auto Centre since 2015, previously trading under another business name since 2002. Our client took ownership in 2014. The business offers a bespoke bathroom and kitchen design and fitting service, with an exceptional reputation and large customer base gained from word of mouth recommendation and many years of superb service. Location
Located on the busy Dudley Port in Tipton. Tipton is a town in the borough of Sandwell, West Midlands located about halfway between Birmingham and Wolverhampton. The area is well linked with the A461, A459 (Birmingham New Road) and the M5. Reason for sale
Hilton Kitchens & Bathrooms Ltd is only being offered for sale due to our client’s other business interests. Lease
The building is available on a competitive rent on an Internal Repair Only lease (iro lease). The current lease is a rolling, yearly lease with renewal open to negotiation. The current cost of the lease is £253 per week Building layout and design
Hilton Kitchens & Bathrooms Ltd is housed within a large, single storey property that is double fronted and positioned within a busy parade of other shops and businesses. The business is well branded with signage displayed to the front of the showroom. Inside, the large space is split over two levels and is expertly presented with an impressive, open plan showroom of just under 200 square metres in size. The front area is dedicated to bathrooms and the upper level slightly to the rear displays the kitchen modules and the office/administration area. By the main entrance to the left is a private kitchen for staff use.There are very well maintained shared toilet facilities to the rear of the building with outside access only. Directly to the front of building there are five, dedicated free customer car parking bays.All areas are very-well presented with good quality fixtures and fittings in place. Staff
Hilton Kitchens & Bathrooms Ltd is currently operating with our client working in the showroom on a full time basis and three, self-employed fitters working on a subcontracting basis. Financial details
Full financial details are available on viewing this business. Hilton Kitchens & Bathrooms Ltd generates an annual turnover of £171,901 with zero rates payable and gross profits of £66,655. Summary
Ideally located on a busy main road, which, during peak hours has slow or static traffic queues - this well presented Kitchen & Bathroom Showroom offers an excellent business opportunity with plenty of scope for growth with the addition of a website, the implementation of an advertising and marketing campaign and the addition of Sunday trading. The business has no employees on the payroll and all installations are carried out by sub-contractors who in turn are paid directly by the purchasers. Early viewings are strongly recommended and are welcomed by appointment only. Business: £19,000.
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