Old Established Florists Teleflorist Agency For Sale

Business description

Outstanding opportunity to acquire an old established Florists, which has been in the same hands for the past 15 years and is now solely offered for sale due to the vendor's retirement.

SINGLE FRONTED PREMISES with tiled floor (can be open front), electronic cash register, counter, display stands.

Work area, walk-in coldroom
Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises, including the self contained maisonette over, are held on a secure renewable lease, the present lease having approximately 8 years unexpired at a rental of £22,500 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £3,400 p.a. approx.

AS STATED THIS OLD ESTABLISHED FLORISTS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND IS NOW SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RETIREMENT.

RECOMMENDED FOR EARLY INSPECTION

Living accommodation:

The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING, comprises: First Floor Kitchen-Toilet 2 Single Bedrooms Second Floor 3 Additional Single Bedrooms Bathroom ,w.c. and wash hand basin In add

Location:

Situated in a parade, excellent main road trading position, LONDON, W

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,000/£2,400 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £40,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Trading hours:

Monday - Saturday inclusive - 9.30 a.m. - 7 p.m.
Sunday opening - 12 noon - 3 p.m. (optional)

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.