- Listing ID: 451563
- (Seller ref: 8268MK)
Retail and Repair Jewellers In Milton Keynes For Sale
Price Reduced
- Location:
-
- UK
- > England
- > South East
- > Buckinghamshire
- > Milton Keynes
- > Milton Keynes
- Type:
Listed by:
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Summary
- Asking price:
- £30,000
- Sales revenue:
- £156,000
- Cash flow:
- Available on request
Business description
Advent Business Sales have been instructed to offer for sale this very well established family run jewellers.
Established by the current vendor over 20 years ago, it is now reluctantly offered for sale due to retirement.
The business offers all the usual jewellery services and products as well as a full clock, watch and jewellery repair service.
The business benefits from little local competition and has been trading successfully for over 20 years by recommendation and word of mouth, with virtually no advertising.
The business is run by the owner and his wife plus a shop manageress.
Our client would be more than happy to carry out repairs for the new vendor if wished; meaning someone from outside the trade could purchase and learn the business.
There is a full regeneration programme currently in place for the town centre; some of the work has already started. This will undoubtedly significantly increase footfall into the area and will greatly benefit the new owners. A new lease is to be arranged by the new vendor.
ref:8268MK
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
Original lease: 15 years
Remaining lease: 0
Review every: 5 years
Rent: £900 per month
We are advised that the annual business rates are currently: £1,900
A new lease is on offer depending on what the new owner wants
- Living accommodation:
- BUSINESS PREMISES Ground Floor - Well presented shop entrance - Main shop - Workroom/storeroom - Kitchenette - w/c External - Paved to the attractive shop entrance - Display leading to shop - Front entrance only giving better security - Fully alarmed - CCTV - Front roller shutters
- Location:
- Our client is ideally situated within a busy town centre, attracting high volumes of passing trade and footfall. There are excellent parking facilities within the town. There are also excellent transport links to major ‘A’ roads and the M1 motorway.
The immediate area is undergoing regeneration.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- UK
- > England
- > South East
- > Buckinghamshire
- > Milton Keynes
- > Milton Keynes
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