Excellent Leasehold Jewellery Shop In Wells For Sale

Business description

EXCELLENT LEASEHOLD JEWELLERY SHOP
Advised annual turnover of £92,000 with good gross profit returns
Ideal trading location in the city centre of Wells, Somerset
Additional shop for sale The Silver Studio (Cardiff)
Early interest and viewing is highly recommended
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 1996. They 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 £92,000 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. They also have a similar business on the market which is The Silver Studio (Cardiff) 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
Rolling Lease
Rent: £10,400pa

Location:

This superb leasehold jewellery business has a prime trading location in the city centre of Wells which is in Somerset. The shop has an ideal trading location from being situated on one of the city’s main high streets which also couples as a busy through road. The business benefits massively from the many neighbouring shops and retailers as it brings shoppers and visitors to the location throughout the year. It also benefits from being on a through road as there is a mass of motorists who pass by on a daily basis. Wells is a highly desirable and affluent city which offers everything you would come to expect from a modern and thriving area. The city has fine housing, good schools, NHS services, a wealth of attractions and entertainment venues coupled with easy access public transport links. The city also benefits from being approximately 30 minutes drive away from the M5 motorway which makes visiting and commuting very easy.

Premises details:

Well presented shop featuring large glass front, secure entrance, open plan display and serving space, fitted reception serving desk, storage cupboard, rear office and work space with kitchenette and drinks preparation area.

Ground Floor
Large window front, excellent advertising and display space

Secure front entrance

Wall fixed display cabinets

Several free standing displays

Fitted serving and payment counter with additional displays

Storage cupboard

Office work space

Jewellery work station

Office station with systems and paperwork storage

Small kitchenette with drinks preparation space
CCTV system surveillance

Open plan attic storage

External
Highly visible front advertising signs
Neighbouring car park facilities

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