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Retail premises for sale

£29,995

513 Tamworth Road, Long Eaton NG10

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Property description

Business
The business has been operated by the current owner for over 20 years and is well established in the local community and surrounding areas. Our client now looks to sell the florist, due to the desire to take a well-deserved retirement.

Being located on the busy Tamworth Road the business benefits from regular passing trade and is convenient for those last minute collections.

The current owner has good working relationships within the area and supplies Countrywide surveyors, The Park View Medical Centre and the local social club with flowers to name but a few. The business has a good reputation for wedding and social events and affords the opportunity for a new operator to grow this sector further and take the business to the next level.

Also, developing the website and social media status, the business would also benefit from expanding the range of gift cards and accessories.

The business has a sign written delivery van which is included in the sale.

Location
Situated along the busy Tamworth Road, Sawley, Long Eaton, Derby. The location has the benefit of on street parking directly outside the premises.

The business is in an ideal location and is easily accessible being close to the M1 J25, to the A50 and A6, Long Eaton and the surrounding areas.

Mills Florist also benefits from its central location, set amongst local businesses with strong daily passing trade.
Premises
Located on the ground floor in a row of terraced shops. Outside front display units and floral arrangements, wall display units shelving, interior display and storage racking.

Front sales counter and display units.

The kitchen is located to the rear with WC and hand wash basin.

The property has a walk way down the left hand side which leads to a detached workshop space this is fitted out with a flower arrangement preparation area, further wall and storage units for bouquets, plant storage and wrapping area.

Courtyard to the rear.

There is also a delivery van included in the sale which has a valid mot.
Tenure
We are advised the business is being sold as a Leasehold opportunity, with the current rent passing at £100.00 per week.

The business has 18 months left of a 3-year lease, as of July 2017.

The landlord is happy to renew the lease.
Hours
The opening hours are currently: -

Monday to Friday: 8.30am to 5.30pm

Saturday: 8.30am to 4pm

Sunday: 9am to 1pm
staff
The business is run and managed by the current vendor with two part time members of staff.
Financial profile
We are advised the business is currently turning over in the region of £70,000 per annum.

There are no rates payable on the business.

What Zoopla users think of Long Eaton

Overall rating:

  • currently 3.5 stars
Good - 74% (95 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
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  • currently stars
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Community & safety
  • currently stars
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Entertainment & nightlife
  • currently stars
  • 1
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Parks & recreation
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  • 1
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  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
Schools & public services
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  • 1
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  • 5
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  • currently stars
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Nearby transport

  • Long Eaton (0.1 miles)
  • East Midlands Parkway (1.7 miles)
  • Attenborough (2.9 miles)
  • East Midlands Airport (4.0 miles)
  • Birmingham International Airport (35.4 miles)
  • Coventry Airport (36.4 miles)
  • West Lynn Ferry Landing (70.7 miles)
  • King's Lynn Ferry Landing (70.8 miles)
  • Hull Ferry Terminal (72.8 miles)

Nearby schools

View all schools in Erewash
  • Sawley Infant and Nursery School (0.5 miles)
  • Sawley Junior School (0.5 miles)
  • Dovedale Primary School (0.6 miles)
  • Nottingham University Academy of Science and Technology (6.0 miles)
  • Bilborough College (6.2 miles)
  • Channeling Positivity (6.6 miles)
  • The Long Eaton School (0.6 miles)
  • Stanton Vale School (0.7 miles)
  • Trent College (1.2 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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