BEAUTIFULLY PRESENTED HIGH STREET JEWELLERS
Price:
Leasehold - £179,995
Business Type:
Retail businesses
BEAUTIFULLY PRESENTED HIGH STREET JEWELLERS
Situated in the affluent and upmarket town of Knutsford
Current turnover £447,599 with good gross profits
Double fronted retail unit in superb location
Excellent reputation built up over 30 years
Imposing premises in an enviable position
Early viewing essential to fully appreciate
Scope for further development
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this superb business that has been established for over 50 years and has been in the capable hands of our client since 1980. The only reason this profitable opportunity is being offered to the market is due to our clients desire to take a well deserved retirement. Since owning the business our client has continued to invest time and money into providing quality merchandise for purchase and in maintaining and regularly updating the premises and fixtures and fittings to provide a true turnkey opportunity for any prospective purchaser. Our client advises us of an annual turnover £447,599 with good gross profits which is derived from the sale of jewellery, repairs and an increasingly popular ‘old gold’ purchasing side to the business. Our client has an outstanding reputation as a family owned business built up over the last 30 years with a substantial database of customers both locally and nationally. Our client has invested heavily in security and has had no insurance claims in the entire history of the business with a walk-in strong room, an ex bank safe and a ‘red care’ monitored alarm system with fully electric security entry system and window shutters ensuring the safety of our clients products. Our client currently has no website and does only limited advertising again providing great scope for improvement on what is already a superb trading turnover. Our client also currently only trades 6 days of the week again providing scope for improvement on trade in this honey pot location. This is a superb opportunity to purchase a long established thriving business with great potential for improvement in one of Knutsford premier trading locations and as such early viewing comes highly recommended as businesses of this calibre rarely stay on the market for long.
This superb high street jewellers is located in an excellent position in the locally known ‘bottom street’ of Knutsford Cheshire. It enjoys an enviable position located opposite Waterstones and adjacent to Boots providing excellent opportunities for passing trade throughout the day in what is regarded as Knutsford busiest trading location. Knutsford is a popular and upmarket town in Cheshire which is recognised as one of the UK’s wealthiest counties, which is ideal for a business of this nature. It has long been known as a popular destination for dining out and drinking as it has a superb wide variety of quality restaurants that appeal to all tastes. The town is famous as the birth place of popular Victorian author Elizabeth Gaskell and attracts many visitors and tourists to the area to visit its many attractions including the equally famous Tatton Estate and Park. Knutsford is reached easily and enjoys superb road links via the A50, A5033 and A537, it is located approximately 12 miles
Leasehold
Original length: 15 years
Remaining: Sept 2010
Rent: £24,000pa
Beautifully presented double fronted high street, mid- terraced stunning character building built in circa 1690. Large glass fronted twin superb window displays. Fully electric security shutters. Secure electronic entry system into open plan retail unit, briefly comprising:
GROUND FLOOR
Stunning split level open plan sales area, carpeted throughout with feature authentic wooden ceiling beams and feature lighting.
8 x glass fronted beautifully presented sales display cabinets.
1 x tower display unit.
Wall mounted product displays.
PDQ machine with electronic cash register.
Walk through to secure ‘strong room’.
Air conditioned throughout.
Access to rear yard and stairway fire escape access for first floor premises.
Stairway leading to basement area.
BASEMENT
Large open plan workshop area
Large secure ex bank safe.
Door access leading to storage area with access to secondary storage/work shop area.
Staff facilities and toilet.
Exit to rear yard.
EXT
UK Non-Specific
£ 800,000
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