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Well established FLORISTS

Price:
Leasehold - £25,000
Turnover:
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Seller Ref:
M3542
Location:

London, South London

Business Type:

Retail businesses

See Other:
Florists for sale in London
Retail businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Wide frontage to ATTRACTIVE DOUBLE FRONTED SALES SHOP with woodstrip floor and well appointed including spotlighting, counter, electronic cash register, display stands, 1 glass display cabinet etc.

Rear area used as office with sink
Staff w.c.

WE ARE INFORMED the turnover averages £1,700 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the sales year ending 31st October, 2010 showed £82,316 with a gross profit of £36,601 i.e. 44.5%.

We understand the premises are held on a secure renewable lease for a period of 16 years from 17th May, 2004 at a current rental of £10,500 p.a. exclusive of rates up to May, 2014, with rent to be agreed thereafter.

Uniform Business Rates: £5,156 p.a.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 8½ YEARS AND IS NOW SOLELY OFFERED FOR SALE AS THE VENDOR WISHES TO RETIRE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, residential area, LONDON SW
Trading Hours:
Monday - Friday inclusive - 8 a.m. - 6 p.m.
Saturday opening - 8 a.m. - 5 p.m.
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