| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 3,549 TIME(S) BUSINESS REFERENCE : 10250 / RightBiz LEASEHOLD FLORIST FOR SALE IN HERTFORSHIRE | | | | | | Florist Hertfordshire T/O: £120,000 GP: 60% Well established business. Ideal trading position within a large residential area. Fully refurbished premises. Member of Interflora. Leasehold: £54,995 + SAV | | | BUSINESS LOCATION: | St Albans Hertfordshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Florists | | SALE: | Agent Sale | LEASEHOLD: | £54995 | ANNUAL RENT: | £4800 | | | | | | | | | | | BUSINESS DETAILS: | Location
The florist is ideally located in the heart of a large residential area in the affluent town of St Albans. The business is situated within a parade of other complementary retailers, including a convenience store, Post Office, beauty salon and a takeaway food outlet. St Albans has a good mixture of period and affordable housing, as well as good schools and hospitals. The town of St Albans has strong road links to nearby Hemel Hempstead, Welwyn Garden City and Watford via the M1 and A1 motorways.
Business History
Bag a Business is delighted to offer to the market this busy and thriving florist business in St Albans, Hertfordshire. The Florist has been in the careful ownership of our clients since 2005 and is only now being offered to the market due to her strong desire to retire. The premises have been completely refurbished to a high standard throughout and offer a versatile trading space. Our client has seen the turnover and profit rise year on year to the impressive figure of £120,000 per annum with a gross profit of 60%. The shop has a strong and loyal customer base and the business is a member of the Interflora network, which generates 15 to 20 orders per day. The shop occupies a prime location amongst other complementary retailers and businesses, all of which attract a high degree of footfall all year round. We strongly recommend early viewing to appreciate the quality and growth potential of this business.
PROPERTY DETAILS
Single storey, lock-up trading premises, briefly comprising:
GROUND FLOOR
Main entrance leading to-
Open plan trading area fully refurbished to a high standard
Large picture windows for display purpose
Display shelving and racking
Main sales desk
Comfortable seating
Storage room
Office
Suspended ceiling with halogen lighting
Display buckets and stands for fresh cut flowers
EXTERNAL
Free unrestricted parking
OPENING HOURS
Mon - Sat: 9.00am - 5.30pm
FINANCIAL DETAIL
W/T: £2,250 approx
GP: 60%
TENURE
Leasehold
Original length: 10 years
Remaining length: 9 years
Review every: 5 years
Rent: £4,800 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10250 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |