INVESTMENT PROPERTY BRIDGNORTH, SHROPSHIRE
Price:
Freehold - £625,000
Location:
Shropshire , BRIDGNORTH
Business Type:
Commercial Property, Entertainment & Leisure businesses, Pubs
The particular highlights of the business are:
• Freehold Investment Property, with retail unit and Flat.
• Incredibly well established business.
• Well established client base and turnover.
• A very traditional easily managed business offering modern product lines.
• An excellent opportunity for a husband/wife team.
• The business is well stocked yet has potential to introduce new lines.
• FREEHOLD.
Phoenix Business Transfer Agents are delighted to place onto the market this exceptional high street Freehold investment property and business. The business has been in the hands of the current owner for over 50-years.. The owners now wish to sell the business to focus on retirement. The business and freehold interest are being offered for sale.
Services
The property is a freehold property consisting of two story two bedroom flat, and lower large retail unit – currently being operated as a Florist.
Staffing
The Concern has no employees – the business is managed by the current owners.
Owners Role
The owners’ role is very much full-time and hands-on, working full-time within the business.
Marketing
There is very little active marketing of the business.
Competition
There are other Florists within the local vicinity offering similar products and services.
Market
The business benefits from a client base that has been developed over 50-years and is well established.
Opportunities
The concern has potential. In particular the turnover and profits can be increased by:
• To close the business and either rent the building/retail unit or introduce a new business.
• Rent out the flat.
• Retain the flat and rent out the retail unit.
• Continue to trade as a Florist and develop the business further.
Training and Handover
Not applicable.
Property Details
The property is centrally located on the high street. It occupies a very prominent position and benefits from high foot fall.
The internal floor area of the retail unit is approximately 4 m by 12m with additional storage/retail space to the rear with modernization. There is a cellar beneath the main retail area.
To the rear of the trading area, is a staircase that leads into the rear courtyard and also the starwell providing private access to the above flat.
The flat is laid over two floors, with a kitchen/diner, hall, bathroom, living room on the first floor, and two large bedrooms on the second floor.
Equipment with sale
All fixtures, fittings and equipment are included within the sale price. An itinerary will be made available.
Financial Details
Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
• Exceptional lifestyle change opportunity.
• High street location within bustling market town.
• High visibility with easy parking.
• The town has extensive facilities for example excellent schooling, leisure facilities, pubs, restaurants, etc..
• The town generates high levels of repeat local trade and extensive summer tourist business.
• The town is renowned for being affluent and vibrant.
• Excellent all round access and security.
Monday to Saturday – 09.00 to 17.00 hrs.
Sunday – closed.
The property is centrally located on the high street. It occupies a very prominent position and benefits from high foot fall.
The internal floor area of the retail unit is approximately 4 m by 12m with additional storage/retail space to the rear with modernization. There is a cellar beneath the main retail area.
To the rear of the trading area, is a staircase that leads into the rear courtyard and also the starwell providing private access to the above flat.
The flat is laid over two floors, with a kitchen/diner, hall, bathroom, living room on the first floor, and two large bedrooms on the second floor.
North Yorkshire
£ 750,000
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