Elgin Branch

62 High Street
Elgin, Moray
IV30 1BU
t: 01343 610520
e: info@cclproperty.com

Edinburgh Branch

Hudson House
8 Albany Street, Edinburgh
EH1 3QB
t: 0131 473 1192
e: info@cclproperty.com

Oswald Road, Ayr, Ayrshire, KA8 8NY

£750,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

OWNER FINANCE CONSIDERED
Turnover in excess of £1,000,000
Family run business
Ideal acquisition for existing business looking to expand.
Freehold – 408sq m building
Established flooring business
Loyal customer base
Massive potential to expand digitally
Vehicles Included x 3

Description

Due to retirement a fantastic opportunity has arisen to purchase a thriving, family run flooring business based in the heart of Ayrshire, Scotland. Established over 35 years the business has been built up by the current owners and demonstrates substantial year on year growth. It benefits greatly from repeat local business and word of mouth and has a turnover in excess of £1,000,000.

**OWNER FINANCE CONSIDERED**


The business is run by the owners with the assistance of 1.5 full time members of staff. The business has evolved over the years to supply bespoke flooring and carpet solutions to a range of private and commercial clients.


The business provides all types of flooring and carpets for homes and businesses across Ayrshire and beyond. From the initial consultation within the showroom, through to measuring and installation, they provide an outstanding quality of service that is second-to-none. The team have the experience and expertise to advise and guide customers to make the correct choice when it comes to picking the right flooring/carpets to suit their needs. The showroom boasts a large flooring and carpet collection, with products from some of the industry's biggest names.


There is a great opportunity for new owners to expand the business in several different directions. This could be either through the introduction of new products ranges, expanding the sales team and area, and creating a digital presence which is something the current owners have never had to do as they have relied on word of mouth and reputation to maintain strong repeat business. In addition, the purchase of R & S Sillars Flooring Ltd would make an ideal acquisition for an existing flooring/carpeting or trade business looking to expand and diversify.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£3,946 /mo.25 Years, 5% Interest
Loan
£675,000
Total Repay
£1,183,795

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£26,000
0% up to £150,000
1% between £150,000 and £250,000
5% above £250,000
Your effective LBTT is 3.47%

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