Florist And Gift Shop In Okehampton Devon For Sale

Business description

Preferred Commercial is delighted to offer for sale this busy florist and gift shop, which was established in the 1980s and which has been in our clients' careful hands since 2003. The shop is only now being offered to the market due to our clients' wish to relocate. The business trades 6 days a week and generates a turnover in the region of £150,000 per annum with a gross profit of 75%. The Flower Pot is an Interflora agent, and offers an extensive range of quality flowers, gifts and ornaments. We feel the turnover could be further increased by embarking on a modest marketing campaign. There is a website in place advertising the products available with online ordering facilities. We feel there is scope to promote the sales from the website further to increase the turnover. The premises are well-equipped to suit the trade and have been fitted to a high standard throughout. We feel the property could be utilised for a number of other uses, subject to permissions being granted. We are advised that our client is open to reasonable offers to assign the lease without the business. This is an ideal opportunity to acquire an already busy florist with scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 15 years
Remaining: 7 years
Review: every 5 years
Rent: £14,500 + VAT per annum

Leasehold rent:

£14,500 per annum

Location:

The Flower Pot occupies substantial ground floor lock-up premises, ideally located in a prominent trading position in a busy parade of shops in the heart of Okehampton, Devon. The premises benefit from ample on-street parking and are surrounded by a variety of multi-national and independent shops. The town's amenities and attractions are nearby and there are excellent public transport links in the area with bus stops and a railway station within walking distance. Okehampton is situated on the edge of Dartmoor National Park and is surrounded by picturesque countryside. The town is popular with tourists, day trippers, walkers and cyclists and is a desirable place in which to live and work. The premises are easily accessed via the A-road network and the M5 motorway. Exeter lies approximately 22 miles to the east, while the city of Plymouth lies 30 miles to the south.

Premises details:

Substantial ground floor mid-parade lock-up premises in a town centre location. Briefly comprising:

Ground Floor
• Retail area with display shelving and numerous floor displays
• Storeroom
• Second storeroom
• Staffroom with stainless steel sink unit
• Ladies and gents WCs with wash hand basins

External
• Forecourt onto busy high street

Business Operation

Trading hours:

Mon - Fri: 9:00am to 5:00pm
Sat: 9:00am to 3:00pm
Sun: Closed