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Florists In Chalgrove Oxfordshire

Chalgrove Oxfordshire
T/O: £135,000 GP: 60% Well-established business 2-bedroom self-contained flat Good customer base Well equipped
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 57794
ADVERT IMPRESSIONS : 7,405 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Florists
SALE: Agent Sale

LEASEHOLD:

£89,999

ANNUAL RENT:

£7000
 

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BUSINESS DETAILS:

Location
Posies and Presents occupies the ground floor of a 3-storey property, ideally located on a busy road in Chalgrove, Oxfordshire. The premises are situated within a small parade of shops and are close to a number of other complementary shops and businesses. The business benefits from ample on and off street parking and there is a bus stop within easy walking distance. The rural village of Chalgrove is an affluent and popular residential area, which lies close to Oxford, approximately 10 miles away. The business enjoys easy access to the M40, with junction 6 just over 6 miles away. The M25 London oribtal motorway is approximately 30 miles distant.

Business History
Preferred Commercial is pleased to offer for sale this popular florist business, which has been operated by our client since 2005 and is only now offered for sale due to our client's desire for a change of career. The premises are well presented and well-equipped to suit the trade with a range of display areas for flowers and gifts and a good-sized forecourt currently used for displaying flowers, fruit and vegetables for sale. The property also boasts a 2-bedroom self-contained flat, which is currently rented out and provides an income of £700 per month. Our client offers a wide range of traditional and modern flower arrangements along with a variety of giftware, and also supplies florist services for weddings, funerals and other occasions. Deliveries are also very popular within the local community and our client has secured a contract to supply arrangements to a well-known local restaurant. The business currently trades six days per week and generates a turnover in the region of £135,000 per annum with a gross profit of 60%. We feel the business could be easily run at the current pace and the new owner could extend the opening hours over Saturday and Sunday. There is the potential to use the flat as owners' accommodation. This is an ideal opportunity for an owner/operator to acquire an already profitable business in a village trading location. Early viewing and negotiations with Preferred Commercial must come highly recommended.


Financial Details
T/O: £135,000 approx.
GP: 60%

Opening Hours
Mon - Fri: 8.30am to 6.00pm
Sat: 8.30am to 1.00pm
Sun: Closed

Accommodation Details
Ground floor retail premises with 2-bedroom flat, good-sized forecourt and retractable canopy. Briefly comprising:

Ground Floor
• Well-presented sales area with central display, raised arrangement displays, card spinner, balloon display, shelving to perimeter walls for giftware and photo frames, gift bag display, sales counter with electronic cash register and card terminal
• Store room to rear
• Kitchenette
• Office
• WC

First & Second Floors
Self-contained flat to first and second floors. Comprising:
• Lounge
• Kitchen with wall and base units
• Bathroom with shower, wash basin and WC
• 2 x bedrooms

External
• Forecourt suitable for flower displays
• 2 x parking spaces
• 2 x garages to rear

Tenure
Leasehold
Original length: 10 years
Remaining: 5 years
Review: every 5 years
Rent: £7,000 per annum
   
  FOR SALE
   

REFERENCE:

2158 / RightBiz
   
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