Excellent Leasehold Jewellers and Pawnbrokers For Sale

Business description

EXCELLENT LEASEHOLD JEWELLERS AND PAWNBROKERS - WIGAN
Excellent highly visible prime trading location on busy main road
Very good turnover and huge potential for growth
Appointed to high standard throughout
Repeat custom built on an outstanding reputation
Very low overheads and highly profitable
LEASEHOLD

Meridian Business Sales are delighted to offer for sale this well established, well known and highly regarded business which specialises in the sale and repair of fine gold and silver jewellery as well as offering a pawnbrokering service. Set up by our client in April 2004, it is only now being offered to the market due to their impending retirement. The business derives the majority of its income from selling a wide range of jewellery goods to repeat and passing customers. The business also sells second hand jewellery items and has an excellent reputation for providing quality goods at very competitive prices. The break-down of sales is 75% new, 20% secondhand, 5% repairs. The business premises are superbly appointed with quality wood-lined walls, large and secure display units together with a well-equipped repair workshop. Within the business there is enormous potential for growth through the implementation of associated product sales such as crystal, porcelain and giftware. Currently the pawnbroker ledger stands at a value of £16,500 and is aided by a fully computerised stock recording system, which is included in the sale. The business benefits from very low overheads, with rent and rates totalling less £120 pre week along with the shop being in complete walk-in condition. With a very respectable and steady turnover in the region of £60,000 pa and huge potential for growth and diversification, we feel that this opportunity offers an excellent base for a new owner to build upon and urge early viewing of this superb business.

Highly visible corner terraced ground floor lock up shop with lower ground floor repair workshop. The shop is fully alarmed and protected by roller shutters and 3 internal CCTV cameras. Briefly comprising;

GROUND FLOOR

Very prominent signage over 2 large display windows and central entrance. Enclosed sales area, well appointed decor, real wood lined walls and carpeted floor. 2 secure serving windows and side entrance door to stock area. Lockable wooden doors to 3 separate window display cabinets. EPOS, credit/debit card machine, weighing system, office area with PC, printer and telephone/fax machine. Large safe and filing cabinets.

Property information

Property:

Leasehold

Location:

The business is ideally situated on the A577 which is a busy main road linking Wigan town centre to the M6 and M58 motorways. The business prominently occupies a corner ground floor lock up unit along a busy parade of complementary shops in the district of Pemberton. With a small free car park directly outside and on a main bus route in and out of Wigan, this bustling area provides the business with great footfall and tremendous exposure to passing trade. Wigan is a densely populated historic market town which benefits hugely from its great transport links to not only the North West of England but nationwide. The bustling town centre, with its 2 railway stations, is less than 10 minutes drive away and the national motorway network is easily accessible via the M6 motorway. The large cities of Manchester and Liverpool are both just 30 minutes drive away and the incredibly popular tourist attractions of the Lake District National Park, Blackpool and the North Wales coast are within easy travelling distance.