Excellent Leasehold Jewellery Shop In Cardiff For Sale

Business description

EXCELLENT LEASEHOLD JEWELLERY SHOP
Ideal trading location in the city centre of Cardiff, South Glamorgan
Advised annual turnover of £150,000 with good gross profit returns
Early interest and viewing is highly recommended
Additional shop for sale The Silver Studio (Wells)
Very well presented and appointed throughout
Highly regarded and recognised silver reseller
Sale price includes all fixtures and fittings
Ideal lifestyle change opportunity
Genuine reason for sale
LEASEHOLD


Business History
Meridian Business Sales are delighted to offer for sale this superb leasehold jewellery business which was first established by our clients in 2003, who are only now placing it onto the market due to unfortunate poor health and the need for a change in lifestyle. The business which is run and managed by our clients with the assistance of staff achieves a respectable advised annual turnover of £150,000 which is derived from selling an excellent range of quality design led Silver jewellery with complimentary and associated goods. Our clients have gone to exceptional expense and effort on the business’ presentation which has resulted in a highly inviting retail shop that is a pleasure to visit. Our client also has a similar business on the market which is The Silver Studio (Wells) additional information is available from MBS Ltd. Our clients are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. We feel this opportunity gives an individual or couple an excellent base to build upon and we urge very early interest in this opportunity as businesses of this calibre rarely appear onto the market.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 3 years
Rent: £21,000pa

Location:

This excellent leasehold jewellery business is situated in the city centre of Cardiff which is in South Glamorgan. The business has an ideal trading location from being situated in a well presented shopping arcade. The shop sits mid parade amongst a host of independent retailers and upmarket commercial style businesses. The location is ideal as it forces city visitors past the shops front due to the arcade being used as a through way to access several major high streets. The business also benefits from the neighbouring independent retailers as it attracts a good amount of shoppers on a daily basis. Cardiff is the largest city and most populous county of Wales and is Wales' chief commercial centre, the base for most national cultural and sporting institutions, the Welsh national media and the seat of the National Assembly for Wales. The city has a fantastic display of shopping and leisure venues and is hosting many international sporting events over the following years. It also benefits from being situated on the M4 motorway which connects to the M5 making visiting and commuting very easy.

Premises details:

Well presented mid parade shop comprising of glass front, secure entrance, open plan display and serving area, several wall and free standing displays, office, toilet, first floor kitchenette and 3 sizable storage/staff rooms.


GROUND FLOOR

Situated in a well presented shopping arcade

Double glass front, excellent advertising and display space

Secure entrance

Open plan display area

Fitted serving and payment counter with additional displays

Wall fixed display cabinets

Several free standing displays

Chest displays


Seating/consultation area

Rear secure office area

Toilet with wash basin

Stairs to first floor


FIRST FLOOR

Kitchenette with worktops, wash basin, cupboards and drawers

3 storage and staff rooms


EXTERNAL

Highly visible front advertising sign

Close by communal car park

Business Operation

Trading hours:

Monday: 10:00am - 5:00pm
Tuesday: 10:00am - 5:00pm
Wednesday: 10:00am - 5:00pm
Thursday: 10:00am - 5:00pm
Friday: 10:00am - 5:00pm
Saturday: 10:00am - 5:00pm
Sunday: Closed