PROMINENT PRIME TOWN CENTRE LOCATION
BUSINESS ‘FOR SALE’ AS A GOING CONCERN
WELL ESTABLISHED CONCERN (CIRCA 35 YEARS)
500 SQ FT GROUND FLOOR SALES AREA
520 SQ FT FIRST FLOOR SHOWROOM
RISING TURNOVER / HEALTHY ACCOUNTS
WELL FITTED AND EQUIPPED THROUGHOUT
VIEWING IS ESSENTIAL TO APPRECIATE THIS BUSINESS
ASKING PRICE: £75,000 + S.A.V.
Realistic offers considered
REF No: 5694
Well-established thriving business has been established some 35 years and is situated to the centre of a busy Derbyshire Market Town. The premises occupy a prominent central position within the town to both pedestrians and through traffic.
The business retails an extensive range of quality jewellery, fine china, etc and are main agents in the area for a wide range of reputable products. The business also offers a full jewellery repair service, engraving and valuations. The business also prides itself regarding the accounts it holds with a variety of Companies/Firms/Organizations for the supply of their Presentation Award items (i.e. engraved jewellery, watches, clocks, crystal, china etc.). Although the current owners have a very informative website they do not offer the facility for on-line sales/purchasing, introducing this facility may possibly increase sales substantially.
This is a genuine retirement sale and the vendor (who has been in the jewellery trade for 51 years) is prepared to offer a period of oversee to ensure a smooth transition.
THE PREMISES BRIEFLY COMPRISE:
GROUND FLOOR Sales Area: - 26ft X 20ft (approx’)
FIRST FLOOR Area: - 26ft X 20ft(approx) suitable for a variety of uses
OFFICE: - 12ft X 11ft Max’
STORE ROOM: - 12ft X 10ft.(approx)
EPC RATING: E
The turnover for Y/E 31 March 2015 was £194,705 returning a G.P. of £84,553 (43.4%).
STOCK LEVEL: - The vendor has informed us the current stock level is estimated to be in the region of £96,000.
This figure is purely an estimation/approximation and not to be taken as an exact amount.
TENURE: The premises are to be held by way of a new of a Lease.
The Vendor is willing to consider selling the Freehold interest if required.
The vendor plus assistants
9.00am – 5.00pm Mon, Tues, Thurs, Friday and Sat
9.00am – 4.00pm Wed
‘For Sale’ Subject to Contract.
Any person/parties wishing to discuss or meet the vendor(s) are requested to appreciate our client’s requirement of Strict CONFIDENTIALITY and the avoidance of disruption to the running of the business. We respectively request you NOT to approach the vendor's or any members of staff without first obtaining an appointment through our offices.
DISCLAIMER: The Marketing information prepared and supplied by RS BUSINESS TRANSFER AGENTS are purely as a guide and whilst every care is taken to ensure accuracy, no responsibility for errors or misdiscription is accepted by RS BUSINESS TRANSFER AGENTS or any of the firm’s employees. We recommend all intending purchasers satisfy themselves through their own enquiries and inspections that all information supplied by us, or contained within our literature is correct before committing themselves financially and before entering into any purchase/lease Agreement. All businesses, properties and or leases are offered subject to contract and may be withdrawn without notice at any time.
PHOTOGRAPHY: All photographs published within all advertising literature/websites cannot be guaranteed to be currently accurate and construed/interpreted as exact. In some instances we do have to disguise various items within photographs for confidentiality purposes. We advise all applicants/purchasers to make their own or other inspections before entering into any agreements/contracts.
9.00am – 5.00pm Mon, Tues, Thurs, Friday and Sat - 9.00am and 4.00pm Wed
Number of Employees: The vendor plus assistants
Support & Training:
The vendor is prepared to offer a period of oversee to ensure a smooth transition.
The premises are prominently situated within the centre of a busy Derbyshire Market Town attracting trade from pedestrian shoppers and through passing traffic.
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