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ESTABLISHED Interflora FLORIST

Price:
Leasehold - £35,000
Turnover:
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Seller Ref:
F.0.55.EL
Location:

Essex , Romford

Business Type:

Retail businesses

See Other:
Card shops for sale in Essex
Florists for sale in Essex
Gift shops for sale in Essex
Retail businesses for sale in Essex
Description:
THE BUSINESS:
This interflora business sells a range of gifts and flowers, for both cooperate and private clients available either as a walk in purchase or delivery, split roughly 50/50 with between delivery and walk in.
The business caters for all occasions, providing seasonal fresh flowers and arrangements for every occasion, including an extensive range of wedding bouquets and funeral tributes.
Latest figures support an impressive yearly T/O of £120,000, making an adjusted Net Profit for a working owner in the region of £40,000
Location Details:
Located in the historic Essex market town of Romford the business commands an enviable trading position close to the town centre and at a very busy corner plot location
Lease Terms:
TENURE We are advised, that the current, full repairing and insuring fifteen year lease was granted in 2008. There are rent reviews on a five –yearly basis. The rent is £16,500 but the property also sublets part of the premises for £6,000 per year, making a net rental payment of only £10,000 for the business. Business rates are currently £5,851 pr year.
Trading Hours:
Monday-Saturday 8.30am-7pm. Sunday closed
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