Most Attractive Old Established Surrey Florists For Sale - Surrey, Surrey, United Kingdom

Asking price: £29,500

Sales revenue: £130,000

Business description: Outstanding opportunity to acquire an old established Florists, which has been in the same hands for the past 55 years and is now solely offered for sale due to the vendor's retirement.Interflora AgencyFront area used for display purposes to -ATTRACTIVE DOUBLE FRONTED PREMISES, beamed ceiling, non-slip floor, fluorescent lighting. Counter, electric cash register.OfficeLarge work areaStoreroomStaff cloakroom with w.c. and wash hand basinStairs to large basement, ideal for storage purposes

Employees: The business is at present operated by the vendor with the assistance of 5 part time staff. Wages paid £450 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.

Trading hours: Monday & Tuesday - 8 a.m. - 5.30 p.m. Wednesday - 8 a.m. - 1 p.m. Thursday, Friday & Saturday - 8 a.m. - 5.30 p.m. NO SUNDAY TRADING The business is also closed on all bank holidays

Property : Leasehold

Lease terms: The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £12,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. Uniform Business Rates: £4,000 p.a. approx. AS STATED THIS FLORISTS HAS BEEN IN THE SAME HANDS FOR THE PAST 55 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDORS RETIREMENT. IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR FURTHER INCREASE IN THE RIGHT HANDS. PERSONALLY INSPECTED AND HIGHLY RECOMMENDED MUST BE SEEN TO BE FULLY APPRECIATED

Location: Situated in a parade, sought after trading position, SURREY

Expansion potential: WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 48/50% approx.

Reasons for selling: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available? SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.