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Retail premises for sale

£39,995

Much Wenlock TF13, UK

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Property description

Ref 6085 – Leasehold Florist
Blacks Brokers are proud to bring to the market this leasehold florist business located in the beautiful and affluent market town of Much Wenlock Shropshire.


Introduction


Colours Florists has been trading on the high street since 2012 with our client in ownership since opening. The business has firmly established itself within the local community, having gained a large customer base, excellent reputation, and good online following.


Location


Situated on the high street Colours Florists occupies a superb trading position in this charming town, which is residential and also a popular tourist destination. It boasts many fine period buildings including the Guildhall and Wenlock Abbey. Much Wenlock is also heavily featured in a new TV series called “A Vicars Life” on BBC2. Parking is available in the immediate area with good public transport links.


Reason for sale


Colours Florist is only being offered for sale due to our client’s change of lifestyle desire.


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 5 years with rent reviews every 5. The current lease began in 2017 at a cost of £150 per week.


Building layout and design


Colours Florist is housed within the ground floor of a beautifully presented, character terraced property within a parade of other shops and businesses. The business is well branded with signage and canopy displayed above a beautifully presented window. Inside, the main retail area is very well presented, with wooden flooring throughout, modern décor and flowers and plants displayed beautifully. The shop has an elevated preparation area to the rear of the space, used for creating and storing customer orders and arrangements. The property also has a rear courtyard with outbuilding that houses additional storage space and a staff toilet. All areas are finished beautifully with good quality fixtures and fittings in place.


Staff


Colours Florist is currently operating with our client and one other member of staff along with 3 casual drivers.


Financial details


Financial details are available upon a viewing of the business and Colours Florist has traded solidly over its trading history. The business generates an annual turnover of £83,769 with gross profits of £38,033.


Summary


This leasehold business is well established and well-known in this area with a large base of customers in place. There is plenty of scope to develop the business further with expansion into wedding fayres and corporate clients. This proposition would ideally suit an owner operator who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Property: £39,995.

Please quote ref: 6085

Property info

What Zoopla users think of Much Wenlock

Overall rating:

  • currently 3.5 stars
Good - 74% (12 ratings)

Ratings breakdown:

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

Rate Much Wenlock:

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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

  • Wellington (Shropshire) (7.5 miles)
  • Telford Central (7.7 miles)
  • Oakengates (8.2 miles)
  • Birmingham International Airport (35.5 miles)
  • Coventry Airport (48.0 miles)
  • Liverpool John Lennon Airport (52.5 miles)
  • Woodside Birkenhead Ferry Terminal (58.4 miles)
  • Liverpool Pier Head Ferry Terminal (58.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (59.0 miles)

Nearby schools

View all schools in Shropshire
  • Much Wenlock Primary School (0.3 miles)
  • Barrow 1618 CofE Free School (2.2 miles)
  • Buildwas Academy (3.1 miles)
  • Concord College (5.6 miles)
  • KICKSTART (7.5 miles)
  • Shrewsbury School (11.4 miles)
  • William Brookes School (0.5 miles)
  • Abraham Darby Academy (4.5 miles)
  • Madeley Academy (5.3 miles)
Note: Distances are straight line measurements

Local info for Shropshire

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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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