Leasehold Contemporary Jewellers In Norfolk For Sale

Business description

SBS Commercial is pleased to offer for sale this contemporary jewellers which our clients are placing on the market because of ill health.

This thriving family business was founded by the vendors more than thirty years ago and has built an enviable reputation for quality and customer service.

Naturally there is competition; however, the company has grown by offering its clients a wide range of contemporary gold and silver designs seldom seen in more conventional jewellers. As a result they have acquired an extremely loyal customer base, locally and across the region, as well as attracting trade from the many visitors to the city.

They currently sell a range of over 16,000 items in gold and silver together with precious and semi-precious stones including amber.
Popular brands include Hot Diamonds; Blog; Sheila Fleet and Lovelinks (an exciting range of bespoke bracelets and necklaces), with the added benefit of local exclusivity on the last two ranges.

They have advertised their business via a website for a number of years and have recently added an online sales operation – early indications are that this will prove beneficial to the growth of the company.

This is a well run, profitable business and one that we believe will appeal to anyone seeking a contemporary jewellery outlet with an excellent reputation operating from desirable city centre premises. Early viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold.
ORIGINAL LENGTH: 10 years.
REMAINING: 4 years.
REVIEW: Rent fixed for remaining term.
RENT: £35,000 per annum.
BUSINESS RATES: £11,088 per annum.

Living accommodation:

PROPERTY DETAILS Two storey secure premises with centralised fire alarm system and air conditioning. Ground floor • 3 x Display windows to main shopping arcade. • 9 x Free standing secure glass fronted display cabinets with storage drawers beneath. • Glass point of sale counter – L shaped with twin level display shelving. • Till and credit card terminal. Stairs to first floor • Main office with fitted furniture. • 5 x PCs & server. • Staff tea making area. Door to • Manager’s office complete with furniture. • Manager’s toilet.

Location:

The business operates from extremely well presented premises that are situated in a sought after period shopping arcade with the benefit of high footfall in the centre of this bustling city.

Other information

Support & training:

As required from the vendors

Reasons for selling:

Ill health

Trading hours:

Mon – Fri: 10.00am – 5.15pm Sat: 9.30am – 5.15pm

Financing available:

Via the selling agents subject to status