 | Established Furniture & Interiors Business For Sale Edinburgh, Lothian, United Kingdom Advert ref: G492 FINANCIAL DETAILS | Asking price: £199,000 Sales revenue: £500,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The business has been established over 10 years and recently expanded to additional premises located directly opposite the original store. The expansion has resulted in increased turnover and has proved a great success.
The original shop, the “Tree House” offers traditional high quality furnishings and has an excellent reputation attracting custom from all over Scotland. The second shop “Tree House Living” is an independent sofa supplier and has been trading successfully since its launch.
This is an easily run business with the close proximity of both premises making it easy to manage both at the same time
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GENERAL INFORMATION | Years established: 10 years
Employees: The business is run by the owners with one full
Trading hours: 10am - 5.30pm Monday - Saturday
Property: Leasehold
Lease terms
Both leasehold.
22 Howe St, rent £24,000 pa, lease expires 2017, ratable value £25,100.
19b Howe St, rent £21,000 pa fixed for 4 years, lease expires 2011, ratable value £13,700.
Location
The Tree House is located at 22 Howe Street with Tree House Living located on the opposite side at 19b. Howe Street is one of the most sought after retail locations in Edinburgh’s New Town which is the city’s prime residential area.
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The Business Partnership - Scotland - Central & West | | | |
