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Retail premises for sale

£45,000

228 North Street, Bristol BS3

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Property description

Business
Hilton Smythe welcomes to the market this very well-established, thriving flower shop, passionately run by the current owner for the last 5 years. Offering a very prominent and busy position in this sought-after area.

It is a busy and extremely well-known business offering a great service, having many long term and loyal customers in a very pleasant and well-planned showroom. They presently share the space with Zara’s chocolates, who are shortly looking to relocate, so the whole space will be available for Ivory flowers. The rent stated is for the whole premises.

Ivory Flowers opened in November 2013 and has flourished ever since. Having a solid base meant that they could become fully immersed in the community, specialising in weddings, funerals, new babies and birthdays, also carrying out deliveries in the local area. No task is too much trouble with the owner relishing the task of enhancing someone’s day with stunning seasonal flowers. Whether it’s table arrangements and a bridal bouquet, or a delicate memory of someone very special, they approach each task with zeal and passion.

They have a really good website, with great online sales, e.G. Takings of £400 for valentine’s day alone. They also have a strong social media presence on Facebook, Pinterest and Instagram.

There is also plenty of scope for improvement, with longer hours, including Sundays, carrying out workshops, offering new products and much more to take the shop to the next level.

This is a fantastic business with a good turnover and gross profits, which would ideally suit an enthusiastic owner who could push the business forward. An internal inspection is highly recommended to appreciate the quality and potential on offer.

Location
Ivory flowers is situated in the popular area of Bedminster/Southville and is situated on a busy residential street. Bedminster is a district of Bristol, England, on the south side of the city and In the 2011 census the population of Bedminster was 12,448.

The centre of Bristol itself is less than 3 miles away and had a population of 454,200 in 2016. The district has the 10th-largest population in England. According to data from 2015, the city itself is the 8th-largest by population in the UK. The city borders North Somerset and South Gloucestershire, with the cities of Bath and Gloucester to the south-east and north-east, respectively.

The area is served by several A roads and the M32 connects the city to the national motorway network, via the M4 and M5 motorways, offering easy access to all areas.

The business itself is very well established and thriving. It has been run by the current owner for nearly 5 years, who is now looking to sell due to starting a family.

Premises
Ivory flowers is situated in the popular area of Bedminster/Southville and is situated on a busy residential street. Bedminster is a district of Bristol, England, on the south side of the city and In the 2011 census the population of Bedminster was 12,448.

The centre of Bristol itself is less than 3 miles away and had a population of 454,200 in 2016. The district has the 10th-largest population in England. According to data from 2015, the city itself is the 8th-largest by population in the UK. The city borders North Somerset and South Gloucestershire, with the cities of Bath and Gloucester to the south-east and north-east, respectively.

The area is served by several A roads and the M32 connects the city to the national motorway network, via the M4 and M5 motorways, offering easy access to all areas.

The business itself is very well established and thriving. It has been run by the current owner for nearly 5 years, who is now looking to sell due to starting a family.

Tenure
We are advised that the business is being sold as a leasehold opportunity with a 5-year term. The yearly rental is £12,500 per annum.

Hours
Monday 9:00 a.M. To 5.30 p.M.
Tuesday 9:00 a.M. To 5.30 p.M.
Wednesday 9:00 a.M. To 5.30 p.M.
Thursday 9:00 a.M. To 5.30 p.M.
Friday 9:00 a.M. To 5.30 p.M.
Saturday 9:00 a.M. To 4.00 p.M.
Sunday closed

Staff
The business is currently run by the owner and 2 other members of staff, one-part time and one full.

Financial Profile
The accounts show a healthy turnover of £132,870 for the year to 5th April 2017 with a gross profit of £77,056 and a net profit of £17,025
According to the voa website the current rateable value is £10,000, however the owners inform us that they benefit from small business rate relief so have no rates to pay at present.

What Zoopla users think of Bedminster

Overall rating:

  • currently 4 stars
Very good - 83% (49 ratings)

Ratings breakdown:

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

Rate Bedminster:

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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

  • Parson Street (0.5 miles)
  • Bedminster (0.7 miles)
  • Bristol Temple Meads (1.4 miles)
  • Bristol Airport (6.2 miles)
  • Cardiff Airport (31.7 miles)
  • Bournemouth Airport (56.6 miles)
  • The Cottage Ferry Landing (0.4 miles)
  • Nova Scotia Ferry Landing (0.5 miles)
  • Bristol Marina Ferry Landing (0.5 miles)

Nearby schools

View all schools in Bristol
  • Ashton Gate Primary School (0.2 miles)
  • Luckwell Primary School (0.3 miles)
  • Compass Point: South Street School and Children's Centre (0.3 miles)
  • Bristol Futures Academy (2.4 miles)
  • Bath Academy (11.4 miles)
  • The Kings of Wessex Academy (13.6 miles)
  • Ashton Park School (0.8 miles)
  • Bristol Cathedral Choir School (0.8 miles)
  • Queen Elizabeth's Hospital (1.0 mile)
Note: Distances are straight line measurements

Local info for Bristol

About the neighbours in BS3

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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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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.

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