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Property Listing Details

Retail premises for sale

Tamworth Road, Long Eaton, Nottingham NG10

  • Sold subject to contract

£15,000

Description

Business
Stock & Van Included in the Sale

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 turnover for 2017 was an advised £58,000, with a gross profit of 42%.

There are no rates payable on the business.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sawley Junior School 0.5 miles
  • Sawley Infant and Nursery School 0.5 miles
  • Long Eaton 0.1 miles
  • East Midlands Parkway 1.7 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.