Leasehold Jewellers For Sale

Business description

Kent - Bag a Business Ltd is delighted to offer to the market this thriving and well-established jewellers. The business was established by our client in 1986 and has built up a very respected name in the area, and only now is it offered to the market due to our client's wish to retire. Batchelor Jewellers is the only jewellery store in Crayford, therefore has very little competition and benefits from a large amount of repeat business. Run primarily by our clients, a husband and wife team, the business receives a healthy turnover of approximately £2,125 per week, with a gross profit of approximately 62%. The turnover
could be increased in a number of ways, for example offering trade repairs and jewellery manufacturing. The business also benefits from a 3 bedroom flat above the shop, which is in excellent decorative order, and could be used for private living accommodation or rented out to provide extra income. We feel this is a superb opportunity to acquire a well-established jewellery business with huge potential for the future. Early viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Original leasehold: 10 years
Remaining lease length: 10 years
Review every: 5 years
Rent: £11,950 per annum

Living accommodation:

Property Details Well maintained, brick built building with double glazing throughout, briefly comprising: Ground Floor Approximately 500 sq ft in size comprises mainly of the shop area with wood cabinets for display, office area, kitchen and toilet with wash hand basin. First Floor • Fully fitted kitchen/diner • Light and spacious living room • Modern bathroom Second Floor • 2 x large double bedrooms • 1 x single bedroom External • Fenced area • Double wooden gates • Security lighting • Parking for 3 vehicles

Location:

Batchelor jewellers is ideally located in a prime and prominent position, within a parade of complementary shops and businesses, on the busy Crayford Road, Crayford, which attracts a high amount of passing trade. Crayford is positioned close to Bexleyheath, in the London borough of Bexley. There are excellent road and rail links to the centre of London, which is approximately 40 minutes' away, via the A2 or Crayford Railway Station. Crayford is an expanding town with many large and esteemed shops and businesses within the area.

Other information

Trading hours:

Mon - Tues: 9.00am - 5.00pm, Wed: 9.00am - 1.30pm, Thurs - Sat: 9.00am - 5.00pm