Superb Leasehold Florist In Somerset For Sale

Business description

SUPERB LEASEHOLD FLORIST - SOMERSET
Early interest and viewing is highly recommended
Prominent location in the market town of Wells
Sale includes a van and fixtures & fittings
Advised annual turnover of £185,027
Repeat account customers
Well established business
High footfall location
Prominent position
LEASEHOLD


Business History

Meridian Business Sales are privileged to offer to the market this superb and well respected florist. The business was set up by our clients 20 years ago and is only being offered to the market due to our clients wish for a well-deserved retirement. During our clients ownership they have continually invested in retail displays, fixtures and fittings which is all bought and paid for and included within the sale price along with a sign written van which is a huge plus for a new owner as additional funds will not need to be spent for some time. Our client informs us that the annual turnover for the florist is £185,027. The business operates e-florist but is not a big part of the business. They have a few regular account customers ranging from undertakers, schools and Wells Cathedral which account to 5% of turnover. The remaining 95% is from regular and repeat customers and passing trade due to its prominent location. The business is owner operated and has 3 part time members of staff. We believe that there is still huge potential to increase turnover as our client does not tap into the wedding market. Early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 6 years
Review: Every 3 years
Rent: £594pm

Location:

This superb florist is located in the historic city of Wells in Somerset which is just a short 45 minute drive from the beautiful world heritage city of Bath. It's accessed via the A39 and A371 from the A37. Within 25 miles you can visit many attractions which include the famous caves at Wookey Hole, Cheddar Gorge & Caves, Glastonbury Abbey and Glastonbury.

Premises details:

Retail florist situated in the desirable market town of Wells, Somerset briefly comprising;

GROUND FLOOR

Door leading to retail area with display window

Flower stands

Sales and display stands

Sales counter

Office area with 4 x work tables and sink

Store room with toilet

EXTERNAL

Front flower displays

Business Operation

Trading hours:

Monday: 8:30am - 5:30pm
Tuesday: 8:30am - 5:30pm
Wednesday: 8:30am - 5:30pm
Thursday: 8:30am - 5:30pm
Friday: 8:30am - 5:30pm
Saturday: 8:30am - 5:00pm
Sunday: Closed