Leasehold Jewellers For Sale

Business description

Advent Business Sales have been instructed to offer for sale this very well established jewellery business.

The business, established for 27 years, has been owned by the current vendor for over 15 years. It is now reluctantly offered for sale due to retirement plans.

The business specialises in all types of jewellery including diamond, gold, silver as well as offering the usual services of full clock, watch, jewellery and engraving repairs and services.

In addition, the business stocks quality silver wares and gift ware.

The business benefits from minimal local competition and has been trading successfully over the years with recommendations and very little advertising.

The business comes fully equipped with necessary tools and equipment as well as all fixtures and fittings.


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Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: TBC
Remaining lease: TBC
Review every: TBC
Rent: £5,600 per annum

We are advised that the annual business rates are currently: £727

Location:

Our client is ideally situated within a busy town centre, occupying a highly visible trading position benefiting from high volumes of passing trade and footfall.

There are excellent parking facilities within the town centre. There are also excellent transport links to major ‘A’ roads and the M1 motorway network

Other information

Expansion potential:

Although a successful and profitable business, there is still ample scope and potential to further increase sales by introducing other services to the business such as pawn brokering and cheque cashing which would considerably increase turnover.
In addition, gift, china and glass lines could easily be added to enhance the business performance.

Trading hours:

Mon – Tues: 9am – 4.45pm, Thurs – Sat: 9am – 4.45pm, Sun/Wed: Closed

Financing available:

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

Related documents:

• Sales paticulars