Jewellery Retailer For Sale

Business description

This business is in the fifth year of trading. It operates from the most prominent of locations in the heart of the retail sector.

The premises are tastefully fitted out and with plenty of spare capacity. They feature attractive displays and all necessary systems.

The database of customers is some 3,500 strong and there is a loyalty scheme for frequent customers. The business is well known throughout the area and has a first class reputation.

The business offers a full product range in gold, platinum and silver with specific brands and an attractive house range.

There is huge potential to expand this business with more aggressive marketing and a refreshing of the web site. In addition there is scope to extend the range and perhaps introduce watches.

Plenty of space is available for additional sales and workshop development.

The property has the benefit of a full fire alarm system and emergency lighting system. The premises were recently completely rewired.

A full alarm system with Red Care is installed and static and remote PA together with 8 camera CCTV and digital recording system.


FURTHER INFORMATION

• CENTRAL PROMINENT LOCATION

• LARGE CLIENT BASE

• VERY ATTRACTIVE INTERIOR

• FULL SECURITY SYSTEMS

• EASILY RUN CONCERN

• GREAT POTENTIAL FOR EXPANSION

Property information

Property:

Leasehold

Lease terms:

10 years from January 2004 (Break clause in 2009)

Leasehold rent:

££22,000 per annum

Location:

It operates from the most prominent of locations in the heart of the retail sector.

Premises details:

Double fronted parade premises.

The shop has an 11.2 metre frontage with electrically operated shutters and a remotely operated magnetic door locking system.

BASEMENT

52.9 sq metre of storage area. It is clean, dry and well maintained with 2 Chubb door safes and a floor cash safe.

GROUND

64.5 sq metre of showroom space. This main sales area is fitted out to the highest standard to a contemporary design. It is fully air conditioned and has top quality fixtures, fittings and equipment.

FIRST FLOOR

59.9 sq metre of office / staff area with kitchen and toilet. This floor could easily be converted to make an additional showroom / sales area or to provide a workroom.

SECOND FLOOR

55.8 sq metre of storage space in a well maintained condition.

Business Operation

Reasons for selling:

Wanting change of direction

Trading hours:

Monday – Saturday 9.30 am – 5pm
Sunday Closed

Employees:

1 Vendor, 2 Part time