West Sussex City Centre Established Florist Gift Shop For Sale

Business description

Character shop in Grade Two listed building on 4 floors with garden statue gallery at rear and room to expand. T/O to June £112,000pa from 5 days. 1 partner works full time, 1 part-time +1 Sat staff. Established since 1994, popular for weddings, funerals, contracts. Interflora, also sells gifts, glassware and some toys. Scope to open longer hours & introduce website. 1st floor previously private accommodation including WC, currently storage, could be extra retail. Price includes 2004 signwritten van. Retirement sale.

Property information

Property:

Leasehold

Lease terms:

We understand that the current lease was renewed in February 2011 for 7 years at a rent of £12,500pa with the private landlord.

Leasehold rent:

£12,500 per annum

Location:

This well established florist is located in a beautiful historic West Sussex city.

This business, which has a very strong reputation, has been trading for more than 17 years and has been owned by the current partnership for the last four years, during which time they have built up an enviable reputation and we understand that there are only two other florists in the city, both more than a mile away.

Premises details:

The business occupies a Grade II listed building within the city. The main glass fronted shop unit displays the flowers and gifts sold. There is a garden gallery at the rear.

There are three further floors:
The basement/cellar used for storage and stock
The first floor is split into two:
The rear is used as further retail space displaying gifts and children's toys
The front has been historically used as private accommodation, which includes a WC, but more recently as further storage space, but could be used as additional retail space, subject to any planning or permission that may be required.
The top floor, which is accessed from the front first floor is currently used to store the products used for Interflora

The total space is approximately 94.90m2 and the business benefits from local street parking.

Business Operation

Expansion potential:

could open longer hours and develop website with on line orders

Reasons for selling:

retirement

Trading hours:

The shop opens 5 days a week - Tuesday to Saturday

Employees:

As only one of the partners works full-time, the business also employs one part-time assistant working 3 days a week and one Saturday assistant.

Years established:

17