The jewellers occupy a prominent trading position on Baker Street, Brighton, just seconds from London Road and directly adjacent to the IQ student halls serving Brighton University. London Road is a busy arterial route enjoying consistently high footfall and is conveniently located close to Brighton’s historic Open Market, substantial nearby student accommodation housing approximately 351 students, together with a strong mix of national and independent retail and catering operators. The business has been under the current ownership of the vendors for the past 20 years, although the premises have traded continuously as a jewellers for over 40 years, demonstrating a long-standing and well-established presence within the local area. The business now only comes to the market due to the vendors’ genuine wish to retire. The jewellers currently specialise in the sale of gold and silver jewellery, while also providing watch repair services, offering excellent scope for a new owner to continue the successful operation and further develop the business if desired.
- Asking Price:
- £27,500
- Turnover:
- £52,000
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
A new full repairing and insuring lease will be granted for a term of 12 years at commencing rental value of £12,500 per annum. With upward only rent reviews taking place every 4 years.
- Leasehold Rent:
-
£12,500 per annum
- Location:
-
The jewellers occupy a prominent trading position on Baker Street, Brighton, just seconds from London Road and directly adjacent to the IQ student halls serving Brighton University. London Road is a busy arterial route enjoying consistently high footfall and is conveniently located close to Brighton’s historic Open Market, substantial nearby student accommodation housing approximately 351 students, together with a strong mix of national and independent retail and catering operators
- Premises Details:
-
This well-positioned jeweller’s occupies a prominent trading location on Baker Street in Brighton, ideally situated between the bustling London Road and Ditchling Road. The area benefits from consistently high footfall, further supported by a substantial nearby student population and a strong density of multi-occupancy residential properties, ensuring a steady flow of potential customers throughout the year. Upon entering the premises, there is a serve-over counter with a conveniently positioned workshop area adjacent, ideal for carrying out repairs and specialist services. The shop is well presented with glass display cabinets throughout, complemented by a large front window display offering excellent visibility to passing trade. For added security, the premises are equipped with alarms, CCTV, and a metal shutter. To the rear of the shop there is also a staff toilet. This represents an excellent opportunity to acquire a jewellery business in a busy and sought-after trading location.
- Energy Performance Rating:
- C
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement
- Trading hours:
-
The business is currently trading Monday – Friday 9:30am-4pm and 9am-2:30pm on Saturday.
- Employees:
- 0
- Years established:
- 40
