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Great Furniture Shop for sale in Whitley Bay

North Shields, Whitley Bay & Wallsend, Tyne and Wear

Asking Price £29,000
Turnover £212,000

Business overview

REDUCED FOR QUICK SALE - Exciting opportunity available to acquire a well respected Lifestyle Store selling quality Furniture, Home Accessories, Cards and Gifts in Whitley Bay

Business details

  • Property type
  • Net profit
  • Accomodation
  • Staff
  • Rent per annum

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Business description

Blueberry Square has been trading in Whitley Bay since 2009 and the current owner has built an excellent reputation for supplying Quality Furniture and Home Accessories as well as a good range of Designer Gifts and Greeting Cards.

LOCATION
The Blueberry Square store is ideally situated in a corner plot retail premises with good shop frontage on the busy Park View high street in the town of Whitley Bay, Tyne & Wear. The business benefits from its town centre location and is surrounded by a variety of complementary shops and businesses, resulting in a good volume of footfall and passing trade.

PREMISES
The Blueberry Square Lifestyle store is located in a good sized, glass-fronted, purpose-built retail unit extending to approximately 105 sq mtrs and briefly comprising:-

Showroom
Large glass fronted, well presented show room area containing larger items of furniture and home accessories, serving counter with an epos electronic till point. There are a further three adjoing showroom areas with further furniture displays, gifts and greeting cards.

Stockroom
The property benefits from a good sized storage area (25 sq mtrs) with an outside, fenced compound.

W/C and kitchen area.

ONLINE SALES
Blueberry Square benefits from a good quality mobile optimized website displaying over 1200 furniture items. The company has also operated a multichannel online system for over 6 years and has built up a fantastic reputation with over a thousand 5 star reviews on the eBay and Amazon marketplaces.
The business also has a very large and active following on its social media accounts.

Expansion and improvement in Whitley Bay is continuing to make the area hugely appealing and the current owners are only selling to focus more time on other non-related business ventures. There's plenty of potential for increasing the shop's turnover and the owners are more than happy to assist in helping out during handover with any ideas and advice.

TRADING HOURS:
9.30am – 5.00pm Monday to Saturday
Closed Sunday

STAFF:
The business is family operated.

TENURE:
Leasehold.
The current rent is £11,000 per annum and the property benefits from 100% business rates relief.

PRICE:
£29,000 plus stock

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