Asking price: £75,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales have been instructed to offer for sale this well established and extremely popular jewellery business.

Established as jewellers for many years, it has been in the current vendor’s ownership since 1976 and is now reluctantly offered for sale due to imminent plants to retire.

The business has built a strong reputation over the years, drawing customers throughout Birmingham and most Midland areas, as well as loyal customers as far away as Manchester and Bradford.

The business is equipped to a very high standard with security features beyond what is normally seen within jewellers and is currently staffed by the vendor and his family.

Currently, our client offers a range of products including 22 and 24 carat gold, silver, platinum, diamonds and jewellery making and repairs.

The premises do not have to be used as a jewellers, it may be suitable for a variety of uses subject to planning permission

ref:8714B

Trading hours: Mon – Sat: 10.00am – 6.00pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: Terms to be negotiated We are advised that the annual business rates are currently: £790

Living accomodation
BUSINESS PREMISES An attractive shop frontage with added security of CCTV, alarm and roller shutters briefly consisting of: Ground Floor - Glass display window and door with buzzer controlled entry, leading into entrance hall with further buzzer controlled entrance door leading to main shop – carpeted throughout - Glass security display cabinets and counter - Door to rear of main sales area leading to - Office area and workshop - Small kitchenette - W/c - Further extended workshop area – currently used for storage External - Paved to shop front - Side alleyway leading to separate rear entrance

Location
This highly visible premises occupies an ideal high street location with a high volume of passing traffic.

There are excellent parking facilities with free bayed parking for 40 vehicles to the rear.

The business is surrounded by a densely populated residential area with a strong Asian community which is reflected in the lines currently held by the business.

Expansion potential
EXPANSION POTENTIAL Although the business is fully equipped as a jeweller, there is a greater option for someone to acquire and realise its further potential in either modern jewellers manufacturing and sales, alternatively this could easily be converted into a variety of uses.

Financing available
Please let us know if you require finance for the purchase of a business.

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