Leasehold Jewellers For Sale

Business description

Bag a Business Ltd is delighted to offer for sale County Jewellers, which was established by our client in 1987. The business has an excellent reputation in the area, offering an extensive range of gold and silver jewellery and a selection of secondhand jewellery. In addition, the business also sells a range of clocks, giftware and watches. It also offers watch and clock repairs and jewellery alterations. The business is run solely by our client, at a pace to suit his lifestyle, and currently generates a turnover in the region of £35,000 achieving a 32% gross profit. However, the business has previously traded in excess of £100,000 per annum and is only now undertrading due to our client's imminent retirement. The business is completely unopposed between Portsmouth and Fareham, offering a new owner tremendous opportunity to increase trade. Early viewing of this charming business is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 21 years
Remaining length: 1 year (renewable)
Rent: £10,000 per annum

Living accommodation:

PROPERTY DETAILS Single storey, lock-up retail unit, fully alarmed with security shutters to the front and bars to the rear. GROUND FLOOR Showroom with illuminated window display L-shaped, glass topped, 6 section display counter with electronic cash register Storage cupboards Clock displays on two walls Wall mounted glass display cabinet Free standing display cases Watch straps display gondola Office Kitchen Alarmed strong door W/C Workshop EXTERNAL Secure rear yard with parking spaces for upto 6 cars

Location:

County Jewellers occupies a prime trading position within New Parade, a purpose built, pedestrianised precinct, in Portchester, Hampshire. The business is surrounded by complementary shops and is unopposed in the area. New Parade is the main shopping area in the town and enjoys a busy, weekly market every Wednesday. There is ample free parking in the large car park, which is located directly behind the shop. Portchester is a very desirable town on the A27, between Portsmouth and Fareham, overlooking Portsmouth Harbour. Portchester has excellent transport links with the A27 linking to the M27 motorway just 2 miles away and a railway station on the Portsmouth line

Other information

Trading hours:

Mon - Sat: 9.00am - 5.00pm Closed Tuesday