Jewellers Empty Retail Premises For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established and popular jewellers business with huge potential.

Established in 1996 by the current vendor, it has now reluctantly been offered for sale due to growing personal commitments.

The business has a strong reputation far and wide for 22 and 24 carat Asian gold, which draws customers from all over Coventry and its surrounding areas.

The business is equipped to a good standard with custom made fixtures.

The premises is not limited in usage, it may be suitable for a variety of uses subject to planning permission.
REF:8938CV

Property information

Lease terms:

TENURE: Leasehold
Original lease: 10 years
Remaining lease: 8 years
Review every: 3 years
Rent: £7,200 P.A.

We are advised that the annual business rates are currently: £900

Living accommodation:

An attractive shop frontage with added security of roller shutters front and back and an alarm system and consisting of the following: The business is offered with a 2 bed roomed living accommodation, partly furnished. Ground Floor - Glass display window and door with buzzer controlled entry leading into entrance with a further buzzer controlled door leading into - Main shop - Glass display counter and cabinets - Door to rear leading into workshop/office - W/c - Separate rear entrance to first floor living accommodation First Floor - Lounge - 2 double bedrooms - family bathroom - fitted kitchen

Location:

This highly visible premise occupies an ideal position on a busy main road with a high volume of passing traffic. A densely populated residential area surrounds the business with a strong Asian community in Coventry.

There are a number of retailers on this road to attract a high number of daily shoppers to the area. There are excellent parking facilities including a free public car park 200 yards away as well as side street parking.

The area is easily accessed with the M6 motorway and the city centre both close by.

Other information

Expansion potential:

There is excellent potential for growth and expansion including:
1. Heavy investment of contemporary and classic jewellers
2. Refurbished to recoup further sales
3. Advertising
4. Apply for change of use

The area lends itself to accommodate a number of businesses to suit the Asian and ethnic population.

Trading hours:

Mon-Sat: 10.30am – 6.30pm

Financing available:

Please let us know if you require finance for the purchase of a business.

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