Commercial Road are pleased to bring to market this successful Jewellers, which has been in the hands of the current owners, a husband and wife team, assisted by 3 members of staff since 1999.
The business was originally opened in 1941. The business specialises in the sale of new and pre-owned Diamonds, Watches, Gold and Silver Jewellery, Crystal/Glassware, Gifts and Handbags. It also offers a jewellery design, repairs and restorations service.
Located on a very busy high street in a large town in Lancashire, which also benefits from tourist trade, helps business enjoy large amounts of passing traffic. There is free parking directly outside the shop and a large car park less than 100 yards away.
The business is offered for sale on a leasehold basis on a new 7 year lease, which was signed in January 2019 with a 3 year break clause. The business operates from a single fronted shop with impressive displays in the window and quality display cabinets inside.
The retail space is approximately 240 sq ft, where the jewellery, gifts and handbags are beautifully displayed.
This business shows healthy turnover figures and enjoys business rates relief whilst supporting several full time staff salaries.
The current turnover levels could be increased by way of building on the online offering, which is already part established and further work on a marketing campaign for the shop premises and online site. The business boasts amazing reviews online.
Prime for acquisition by another jeweller looking to expand their business or an entrepreneur looking to purchase a business within the Jewellery sector.
The owners are happy to offer a changeover period to suit vendor and purchaser, to help ensure a smooth transition for the new business owners.
Tenure: Leasehold (7 Year lease with 3 year break clause)
EPC Grade: Yes – Grade to be confirmed
Please contact the Commercial Road team for further details, or to arrange a viewing.
IMPORTANT NOTES: These particulars do not constitute an offer, neither should they be relied upon as statements or representations of the fact or warranties of any kind. All interested parties must satisfy themselves, by investigation and due diligence activities, prior inspection and or formal entry before contact with their solicitor. Neither we, nor our principals, accept any responsibility whatever in respect of these particulars, which are simply offered as a general indication to persons who may be interested.
Viewings and negotiations are to be conducted STRICTLY through Commercial Road Limited. NO DIRECT APPROACH is to be made to the business under any circumstances.
Town centre, high street location.