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Retail premises for sale

£25,000

Salford M7, UK

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Property description

Ref 5780 – Leasehold Florist & Gift Shop
Blacks Brokers are proud to bring to the market this leasehold florist and gift shop located in the much sought-after area of Salford, Greater Manchester.


Introduction


Party Gems has been trading from Unit 4 The Vibe since 2011 when our client set the business up, during that time it has firmly established itself within the local community, offering a range of floristry and party services including wedding packages, floral tributes, fresh flowers, balloons and gifts.


Location


Situated within a well-presented parade of shops close to many residential properties in Broughton, the business has parking available directly outside. The area is popular with locals, shoppers and town centre workers and this excellent trading position brings a good amount of passing trade in addition to locals.


Reason for sale


Party Gems is only being offered for sale as our client is relocating.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 3 years. The current lease began in 2011 at a cost of £8,750 per annum.


Building layout and design


Party Gems is housed within the ground floor of a large, mid terraced retail unit in an attractive shopping parade known as “The Vibe”. This large, double fronted unit is presented very well with strong branding and signage on display and a fully glazed frontage. Inside, the shop is welcoming and well-organised with vinyl flooring throughout, modern lighting and stock displayed on a range of wall shelving, central display stands and both floral and card display stands. The till and servery area is positioned to the side of the retail area with stock room and toilet to the rear. All areas are beautifully presented.


Staff


Party Gems is currently operating with just our client in employment with no other members of staff in place.


Financial details


Financial details are available upon a viewing of the business and Party Gems has traded solidly over its trading history. The business generates weekly takings of £1,000 with gross profits of 45% and there are zero rates payable for this building.


Summary


This well-established and well-known leasehold business is a refreshing mix of floristry and party services and it delivers impressive weekly takings from multiple income streams. There is plenty of scope to develop the business further with the introduction of local marketing and more staff to accept more workload. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are very strongly advised. Business: £25,000.

Please quote ref: 5780

Property info

What Zoopla users think of Salford

Overall rating:

  • currently 3.5 stars
Good - 72% (368 ratings)

Ratings breakdown:

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  • 1
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  • 1
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Nearby transport

  • Salford Crescent (0.9 miles)
  • Salford Central (1.0 mile)
  • Manchester Victoria (1.0 mile)
  • Manchester International Airport (9.9 miles)
  • Liverpool John Lennon Airport (26.7 miles)
  • Leeds Bradford International Airport (35.5 miles)
  • Liverpool Belfast Ferry Terminal Bootle (30.9 miles)
  • Liverpool Pier Head Ferry Terminal (30.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (31.0 miles)

Nearby schools

View all schools in Salford
  • River View Community Primary School (0.3 miles)
  • Cheetwood Primary School (0.5 miles)
  • St Boniface RC Primary School (0.5 miles)
  • Edstart (0.9 miles)
  • The Cooperative College (1.1 miles)
  • Abbey College Manchester (1.3 miles)
  • Beis Hatalmud School (0.6 miles)
  • The Albion Academy (0.7 miles)
  • Aim Habonim (0.7 miles)
Note: Distances are straight line measurements

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (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 Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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