Florist And Gift Shop In Plymouth Devon For Sale

Business description

Preferred Commercial is delighted to offer for sale this popular florist and gift shop, which was established in 1986 and which has been in our client's careful hands since 1996. The florist is only now offered to the market due to our client's other business commitments. The business trades 6 days a week, generating a turnover in the region of £40,000 per annum with a gross profit of 60%, derived from the sale of a wide range of flowers and gifts. We feel the turnover could be further increased by introducing an Interflora or a Teleflora service. Our client has gained an excellent reputation and is renowned for its high levels of service. The business has a loyal customer base and enjoys much repeat trade and word of mouth recommendations. We feel the business could benefit from a website advertising services provided. The premises are well-equipped to suit the trade with a spacious sales area and a workshop. This is an ideal opportunity to acquire an already popular florist with immense scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 6 years
Remaining: 2 years
Review: every 6 years
Rent: £350 per month
New lease available by negotiation

Leasehold rent:

£4,200 per annum

Location:

The Old Smithy Florists occupies substantial detached premises, ideally located off a busy high street in the densely populated residential area of Elburton in Plymouth, Devon. The premises benefit from ample on-street and off-street parking and are surrounded by a wealth of complementary shops and businesses. The business boasts easy access to the A-road network and a number of bus stops are in the area. The city centre lies approximately 4 miles away, while the seafront is 2 miles away. Plymouth lies between the mouths of the River Plym and the River Tamar and is a desirable place in, which to live and work. Kingsbridge lies less than 16 miles away, while Torquay is approximately 28 miles away.

Premises details:

Substantial detached ground floor lock-up retail premises. Briefly comprising:

Ground Floor
• Spacious sales area with exposed beams and stone walls, shelving, gift displays and mezzanine storage area
• Workshop with bench for arranging flowers
• WC with wash hand basin

External
• Courtyard area to front for flower displays

Business Operation

Trading hours:

Mon: 9:00am to 1:00pm
Tues - Fri: 9:00am to 5:00pm
Sat: 9:00am to 1:00pm
Sun: Closed