Quality Florist In A Prime Trading Location For Sale

Business description

QUALITY FLORIST IN A PRIME TRADING LOCATION - SHEFFIELD
Ground floor premises positioned in a row of other complimentary businesses
Located in a prime trading position in a large residential area
Annual turnover £13,000 with GP of 50%
Currently run at a pace to suit our clients
Huge growth potential for new owner
Quality reputation within the area
Ideal first time buyer opportunity
Lock-Up Unit
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this quality florist business. The business has been in the careful hands of our clients since 2007 and is now only being offered to the market due to their desire to relocate to be nearer to their family. Since our clients took over the business, they have fully refurbished the trading area to a very high standard throughout giving the new owners a true walk in and trade business opportunity. The business is currently run by our clients at a pace that suits their lifestyle and produces an annual turnover of £13,000 with a gross profit margin of 50%. There is vast scope to increase turnover by the introduction of a web page and a well structured advertising campaign to maximise on the quality reputation that the florist already enjoys. The florist is located in a row of other complimentary businesses which provides high levels of footfall. The business offers to its customers a good range of floristry to services to cater for all occasions including weddings, Mothers' Day, Valentines Day and funerals. The trading property is a self contained unit with ample space for display purposes both within the shop and also the full width windows to the front of the property. Early viewing is highly recommended to appreciate the scope for growth of this business.


Accommodation

Ground floor lock-up retail unit with full width display windows, briefly comprising:

The florist is entered via the main door to an open plan trading area. The floor is tiled and the walls have been decorated to a good finish throughout. The shop offers ample space for display units for retail items such as cards, wrappings, pottery and all other gift ideas.

To the right of the shop are display stands for the many and varied cut flowers that the florist offers and a further display to the full width windows. To the rear of the shop is the preparation area for bouquets etc.

There is a further store room, toilet and kitchenette which are situated off a corridor that runs the full width of the premises. The shop is an ideal size for a florist and still has the space for the new owners to increase the displays and turnover of the business.

EXTERNAL
Free parking to the front of the store and space to display further product to the front of the store.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 3 years
Remaining: 18 months
Review: 3 years
Rent: £4,200pa

Location:

This quality florist is located in a prime trading position in the heart of a large residential area close to the thriving and growing city of Sheffield. The florist is part of a row of complimentary businesses including a hairdresser, convenience store, newsagents and pizza takeaway all of which bring high numbers of footfall to the area. The area has a good mix of period and affordable housing plus quality schooling and recreational facilities. The city of Sheffield has benefited of recent years from high levels of investment in both the infrastructure and the retail areas making the city a popular choice for people to settle. Sheffield enjoys quality shopping facilities attracting the big retail names such as Debenhams, the House of Fraser, Next, and many more. The area is surrounded by picturesque countryside for all who enjoy outdoor pursuits. The city and surrounding areas have strong road links and are easily accessed via the M1 motorway.