Interflora Florist Plus 3 Bed Maisonette | | Southend on Sea Essex | | INTERFLORA FLORIST + 3 BED MAISONETTE - SOUTHEND-ON-SEA BOROUGH. A lovely shop established under the current ownership for the past 9 years. Prime trading location in a sought after area. Licensed to sell alcohol. Net sales over £200,000 per annum. New lease available, current rent only £14,500 pax. Living accommodation sub let at £850 pcm (vacant possession available). Must be seen. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 57449
ADVERT IMPRESSIONS : 8,570 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Florists | | SALE: | Agent Sale | LEASEHOLD: | £87500 | ANNUAL RENT: | £14500 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Town: SOUTHEND-ON-SEA BOROUGH
County: Essex
The premises are situated in a prime trading position adjacent to a busy Tesco Express store within a sought after trading area within the Southend-on-Sea borough.
The Business
An established Interflora shop that has been run under the current ownership for the past 9 years and that is now genuinely being sold due to emigration.
The Premises
Interflora Florist Trading from an attractive ground floor retail shop providing approximately 38.70 sq. m. of usable floor area. The premises have a glazed double frontage and small forecourt display area with awning over. Internally the sales area is equipped to trade with shelving, racking, flower stands, counter unit, electric cash register, work bench etc. Preparation Area with 2 work benches, sink unit etc. Staff W.C. Covered Lean-To housing a walk-in cold room. Note: a Vauxhall Combi van is included within the sale price.
Maisonette a self contained 3 double bedroom first and second floor maisonette above is included. We understandthe accommodation has gas fired central heating and double glazing fitted. The accommodation is currently sub-let at a rental of £850 per month exclusive.
Trading Hours
Monday to Saturday 8.30 am to 5.30 pm. Sunday 10 am to 4 pm.
Staff
The business is run by the vendor plus 2 full time and 1 part time florists. Wage bill: approx. £550 per week.
Turnover
We are advised that accounts are available to confirm net sales of over £200,000 per annum, working to the usual high gross profit margins associated with this trade. Further details available following an inspection of the business.
Tenure
Leasehold - The premises are available upon a new lease for a term to be agreed at a current rental of £14,500 per annum exclusive.
Business Rates
The premises have a rateable value of £10,000 payable at .414p in the £, equating to £4,140 payable for the year April 2010/11 before any small business rate relief is claimed.
Legal Costs
Each party are to be responsible for their own plus 50% of the landlords legal costs incurred in this transaction.
Summary
We are pleased to offer for sale as the vendors sole agents this extremely busy licensed Interflora florist business that trades with an enviable reputation throughout the area. The premises include a 3 bedroom first and second floor maisonette over which is currently sub-let to produce a good rental income offsetting the overall rent payable
considerably. Viewing recommended.
Inventory
A detailed inventory of fixtures and fittings will be prepared and supplied at the point of sale.
Finance
Finance and business loans are available from leading high street banks with attractive finance options. We can arrange for you to speak to a national firm of Business Finance Brokers or alternatively put you in touch with a major high street bank for a free under no obligation discussion or consultation. | | | | | | FOR SALE | | | | | REFERENCE: | F4190E / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
