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HIGH STREET JEWELLERS AND PAWNBROKERS

Price:
Leasehold - £60,000
Seller Ref:
2301
Location:

Derbyshire

Business Type:

Retail businesses, Service Businesses

See Other:
Jewellers for sale in Derbyshire
Pawnbrokers/cashconverters for sale in Derbyshire
Retail businesses for sale in Derbyshire
Service businesses for sale in Derbyshire
Description:
THE BUSINESS:
HIGH STREET JEWELLERS AND PAWNBROKERS - DERBYSHIRE
Beautifully presented retail unit with first floor workshop
Advised turnover of £130,000 pa with good profits
Situated in the affluent market town of Glossop
Excellent reputation built up over 30 years
Early viewing is highly recommended
Scope for further development
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer to the market this superb High Street jewellers and pawnbroking business which has been established since 1980 and has been in the careful hands of our clients for the previous 5 years. The only reason this superb business is being offered to the market is due to our clients desire to move abroad. During our clients stewardship they have continued to develop the businesses long standing reputation for providing quality jewellery in the area and have expanded upon the now increasingly popular pawnbroking side to the business.

Our clients advise us of an annual turnover of £130,000 which is derived from the sale and repair of jewellery and watches and pawnbroking. Our clients benefit from a fantastic location which provide high amounts of passing trade and from regular and repeat business with generations of the same local families using our clients business for their jewellery requirements. This is a true turnkey opportunity and would suit a husband and wife partnership or someone looking to expand on the lucrative pawn broking side of the business and as such early viewing comes highly recommended as opportunities of this calibre rarely stay on the market for long.
Location Details:
This superb jewellers and pawn brokers is located in a prominent busy High Street that runs through Glossop, Derbyshire. It is surrounded by a wealth of complimentary businesses that provide excellent opportunities for passing trade. Glossop is a popular and affluent market town in the High Peak District of Derbyshire, it was once well known for its links to the cotton industry but is now a popular destination for tourists. Glossop is easily accessed via the A57 which provide links to the major nearby cities of Sheffield and Manchester providing access to the UK's wider motorway network via the M60 and M1 respectively.
Lease Terms:
Leasehold Original length: 9 years Remaining: 4 years Review: 4 years Rent: £850pa
Accommodation:
Prominent location in a busy High Street shopping area briefly comprising: Secure entrance to beautifully presented retail shop unit with 4 x glass fronted display units and fitted wall display units. Behind counter service area with payment facilities, Glen Eagles crystal display unit, designer handbag display unit, Royal Doulton display unit and Pure display unit. Rear of unit provides access to christening gifts display area and fully equipped rear office. Off hall access to staff canteen facilities and rear access to external yard area. Stairs from main retail unit lead to first floor workshop. First Floor Large storage room with fitted storage shelves, polishing machine and access to fully equipped jewellers workshop (engraving machines now included in sale)
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