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Busy Acton Location Well Established Florist For Sale

(Ref: F2852L)

Acton, London, United Kingdom

Financials

Asking price: £24,948

Sales revenue: 0 - £200k

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: £1,500

 

Business description
LOCATION: Close to a very busy ‘A’ road junction. There is free on-street parking available outside the premises for 20 minutes and there is a bus stop on the opposite side of the road. Not far from a train station.

DESCRIPTION: A double fronted lock-up shop with carpeted flooring and timber-effect ceiling. The shop frontage is nearly 20 ft wide. The depth of the shop is 12’6”. Toward the rear is a serving counter. There is a room at the rear containing a toilet and sink.

EQUIPMENT: Electric heating, digital till, credit card machine, various shop fittings, tables and shelving.

BUSINESS: A well established florist which as been trading under the same hands since 1991. The owner is only selling due to impending retirement. Takings are £1,500- £1,600 p.w. Has done much more in the past, so potential to increase takings, win new contract work, extend opening hours and enhance marketing under motivated ownership. Easily run by one staff.

HOURS: 7am to 5pm Mon-Fri, 8am-2pm Sat

ACCOMM: There is no residential accommodation.

TENURE: Lease commenced in 2003 for a term of 12 years and the current rent is £7,200 per annum with reviews every 4 years.

RATES: Business rates payable are approx £750 p.a.

PRICE: All reasonable offers considered

Employees: One owner

Trading hours: 7am to 5pm Mon-Fri, 8am-2pm Sat

Property: Leasehold


Lease terms
Lease commenced in 2003 for a term of 12 years and the current rent is £7,200 per annum with reviews every 4 years.

Location
Close to a very busy ‘A’ road junction. There is free on-street parking available outside the premises for 20 minutes and there is a bus stop on the opposite side of the road. Not far from a train station.

Support & training
Full handover support and training included in asking price.

Reasons for selling
Retirement.

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