Skip to main content Skip to footer

Retail premises for sale

£35,995

72-74 New Broadway, Coalville LE67

Interested in this property? Call +44 1204 351867 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business
Hilton Smythe welcomes to the market Broadway Florist. This business was originally established in 1998. Our client took over the business in 2009 and is now looking to sell due to the desire to take a well-deserved retirement.

The business runs as a traditional Interflora florist, we believe this is the only Interflora in the town. They sell a range of fresh cut and silk flowers, and provide products for weddings, funerals, parties, presentation bouquets and more. The store also runs as a sweet shop, selling a wide selection of loose and gourmet sweets. The sweet shop is highly complementary to the florist and generates a great extra income.

The business is currently generating an advised turnover of around £160,000 per annum with a gross profit of 45%. One way the new owner could boost this already healthy turnover would be to open longer hours. The precinct is open till 7pm so the new owner has the option to open later.

There is also a website link which is still undergoing work. The new owner should look to get this site set up in order to take online bookings from a more further afield.

The location allows the business to receive a large amount of repeat loyal trade. There are generous amounts of footfall daily which benefits the store. We are advised that our client also receives regular work from commercial clients such as housing developers looking for displays for show homes. This is a great source of income and should be something the purchaser looks into expanding.

This is a fantastic opportunity for a husband and wife team with the creativity spark. Hilton Smythe highly advise early viewing to take in the full potential of this florist and sweet store.

Location
Broadway Florist is located in Coalville, Leicestershire.

The florist is situated on a shopping precinct on a main high street in the town. This is a pedestrianised area that is secured each night with gates that lock between 11pm and 7am. This is a large shopping area with a plethora of stores. There are many large independent brands here such as a Card Factory, Bonmarche, Wilko, Argos, Poundland and several other small independent stores.

This is a great location for a business as it is a main shopping location and most residents visit the precinct due to convenience. The business is located just a short 2 minute drive away from the A511. This a-road connects to the M1 motorway and the A50 at Burton Upon Trent.

Just outside the shopping precinct are bus stops with regular routes into Loughborough and Leicester. The closest train station is a 25 minute drive away from the area.

Premises
Broadway Florist is located in Coalville, Leicestershire.

The florist is situated on a shopping precinct on a main high street in the town. This is a pedestrianised area that is secured each night with gates that lock between 11pm and 7am. This is a large shopping area with a plethora of stores. There are many large independent brands here such as a Card Factory, Bonmarche, Wilko, Argos, Poundland and several other small independent stores.

This is a great location for a business as it is a main shopping location and most residents visit the precinct due to convenience. The business is located just a short 2 minute drive away from the A511. This a-road connects to the M1 motorway and the A50 at Burton Upon Trent.

Just outside the shopping precinct are bus stops with regular routes into Loughborough and Leicester. The closest train station is a 25 minute drive away from the area.

Tenure
We are advised the business is being sold as a leasehold opportunity.
Original lease length: 5 years
Remaining lease length as of 2016: 5 years
Rent: £12,000 per annum

Hours
The business is opening hours-

Monday: 8:30am – 4pm
Tuesday: 8:30am – 5pm
Wednesday: 8:30am – 2pm
Thursday: 8:30am – 5pm
Friday: 8:30am – 5pm
Saturday: 8:30am – 4pm
Sunday: Closed

The business does open on some Sundays such as Mother’s Day.

Staff
The business is run and managed by our clients with the help of 4 part time members of staff.

Financial Profile
The business generates a turnover in the region of £160,000 per annum.
Gross profit 45%

What Zoopla users think of Coalville

Overall rating:

  • currently 4 stars
Very good - 79% (52 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Coalville:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Loughborough (8.3 miles)
  • Barrow-upon-Soar (9.5 miles)
  • East Midlands Parkway (10.7 miles)
  • East Midlands Airport (7.7 miles)
  • Birmingham International Airport (24.5 miles)
  • Coventry Airport (24.9 miles)
  • West Lynn Ferry Landing (73.8 miles)
  • King's Lynn Ferry Landing (73.9 miles)
  • Liverpool Pier Head Ferry Terminal (82.3 miles)

Nearby schools

View all schools in North West Leicestershire
  • Belvoirdale Community Primary School (0.2 miles)
  • Saint Clare's Primary School A Catholic Voluntary Academy, Coalville, Leicestershire (0.4 miles)
  • All Saints Church of England Primary School, Coalville (0.5 miles)
  • King Edward VII Science and Sport College (1.9 miles)
  • Ashby School (4.2 miles)
  • Groby Community College (7.3 miles)
  • Newbridge High School (0.5 miles)
  • Forest Way School (2.0 miles)
  • Castle Rock High School (2.0 miles)
Note: Distances are straight line measurements

Local info for North West Leicestershire

About the neighbours in LE67

AskMe Q&A for North West Leicestershire

Ask a question

See all AskMe Q&A in North West Leicestershire

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

Contact Hilton Smythe Commercial about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

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.

Properties on the market nearby

14 more properties like this

View all New Broadway commercial property for sale