Retail Jewellers in Prominent Town Centre Location Retailing Fine Jewels, G

Price:

Leasehold - £150,000

Turnover:

Seller Ref:

AB192

Location:

UK Non-Specific, Portsmouth Southampton

Business Type:

Retail businesses

See Other:

Jewellers for sale in UK Non-Specific
Gift shops for sale in UK Non-Specific
Other retail businesses for sale in UK Non-Specific
Retail businesses for sale in UK Non-Specific

Description:

THE BUSINESS:

This independent jeweller is based in a prominent location in a busy town centre shopping mall. Established in 1987 they specialise in retail jewellery and repairs for private and royal navy customers. They also design and make their own jewellery and buy unusual stones which are set in their own workshop. In addition they also stock a range of watches for men and women.

One tremendous asset is the location of the business, due to which they enjoy a high level of footfall. As the only jeweller present but with competition for customer spend high, this business clearly stands out by its presentation and the merchandise it retails.

Whilst being extremely secure the very stylishly decorated premise is very welcoming. A well merchandised display window together with very attractively laid out display cabinets present the range in the best possible way encouraging customers to want to ‘touch and feel’. A large proportion of the product range on display is exclusive to the business as it is designed by them.

Location Details:

The premises are leasehold on a renewable lease that expires in 2013. The rent is currently £26,000 per annum with rates of £11,799 including water. The rent review period is every five years. The premises are glass fronted with a workshop and offices in addition to storage at the top of the premises.

Lease Terms:

The rent is currently £26,000 per annum with rates of £11,799 including water.

Trading Hours:

The business is open from Monday to Saturday 9.00am to 5.15pm.