Well Established Jewellers In Derbyshire | | Matlock Derbyshire | | Jewellers Matlock, Derbyshire T/O: £150,000pa GP: 55% Scope to increase turnover Long established business Well stocked Main road position | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 53809
ADVERT IMPRESSIONS : 10,158 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Jewellers | | SALE: | Agent Sale | FREEHOLD: | £275,000 | LEASEHOLD: | £55,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
W Evans & Son Jewellers occupies large retail premises situated on a busy high street in Matlock, Derbyshire. The premises are part of a popular shopping parade, which retains an olde-worlde charm, and there is a range of complementary shops and business in the vicinity. The business is based directly on the A6, which is a bus route, and enjoys free on-street car parking outside the premises. Matlock railway station is less than half a mile away. Matlock is a popular residential town, which was originally a spa town and also boasts the stunning Riber Castle. There is good access to Derby, which is south via the A6 and Junction 28 of the M1 motorway is approximately 12 miles to the east.
Business History
Preferred Commercial is pleased to offer for sale this well respected jewellers, which was established by our client's family in 1893 and is only now presented to the market due to our client's wish to retire. This old-established business is based in the centre of Matlock and enjoys an enviable reputation for sales and service whilst retaining a charming atmosphere offering a warm welcome. W Evans and Son stock a wide range of jewellery and watches along with clocks and decorative items. Annual turnover is approximately £150,000 with a gross profit of 55%. We are advised that the freehold for this property is also available. The premises boast a large basement room which would be ideal to use as a showroom and display area. Other options to consider for expanding the business may be to use the space as a workshop area for bespoke jewellery, perhaps renting out workbenches to other gold and silversmiths, or establishing an on-line internet sales ordering and despatch system. We feel this is an ideal opportunity to acquire a respectable and old-established jewellery business, which would be suitable for an owner/jeweller who could continue the traditional business and introduce contemporary stock and techniques. Early negotiations with Preferred Commercial are highly recommended.
Financial Details
T/O: £150,000 approx.
GP: 55%
Opening Hours
Mon - Wed: 9.00am to 5.15pm
Thurs: Closed
Fri & Sat: 9.00am to 5.15pm
Sun: Closed
Accommodation Details
Large ground floor lock-up retail premises in main road position. Briefly comprising:
Ground Floor
• Large sales area with full length glass display cases, serve over glass display units and window display cabinets
• Office
• Staff room
• Utility room with WC
Lower Ground Floor
Large basement room
External
• Unloading area
• Garden area
• Garage
• Private parking
Tenure
Leasehold
New lease to be negotiated
Freehold available £275,000 +SAV | | | | | | FOR SALE | | | | | REFERENCE: | 1972 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
