Leasehold Jewellers Store For Sale

Business description

Bag a Business Ltd is pleased to offer to the market Bush Stores Jewellers, which was established in 1925 and has been owned by our client since 2001. It is only now being placed on the market due to his wish to pursue other business interests. The business has an exceptionally high turnover, which is derived mainly from the sale of jewellery and also clocks and artefacts, particularly Egyptian at present. The shop is very well known for its unusual displays and quality rare items at very competitive prices. Because of the age and reputation of the business it enjoys huge local trade, with many of the locals paying for goods in instalments. The business is run by our client with the assistance of 2 part-time staff. The net profit exceeds £20,000, which could easily be increased with a full-time owner offering more varied products and by more marketing and advertising. Our client would also be available for a handover period if required. Early viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining length: 4 years
Rent: £5,615 per annum

Living accommodation:

PROPERTY DETAILS Single storey retail unit situated within a large row of shops, forming part of the market, briefly comprising: GROUND FLOOR Glass fronted period building Entrance to customer service area and jewellery displays Numerous display cabinets Clock displays covering walls Egyptian artefacts display area Very large safe Window displays Rear storeroom and staff facilities EXTERNAL Market

Location:

Bush Stores is ideally located within a large row of permanent shops, in the wonderfully vibrant and popular Shepherds Bush Market. The market has now become huge with all tenants now having leases. The shop itself is located halfway down the main thoroughfare, where everything from food to clothes are available, making it a popular destination for locals and tourists alike. The surrounding area is very densely populated with a main arterial road running right through it, which generates very busy commercial activity. The market is undergoing a redevelopment programme and indeed the underground station, which is situated just outside the market, is going to be renamed Shepherds Bush Market.

Other information

Trading hours:

Mon - Fri: 9.30am - 5.30pm Sat: 9.30am - 6.00pm