Excellent Leasehold Jewellery Shop | | Wells Somerset | | EXCELLENT LEASEHOLD JEWELLERY SHOP Advised annual turnover of £92,000 with good gross profit returns Ideal trading location in the city centre of Wells, Somerset | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 62783
ADVERT IMPRESSIONS : 5,815 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Jewellers | | SALE: | Agent Sale | LEASEHOLD: | £50000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT LEASEHOLD JEWELLERY SHOP
Advised annual turnover of £92,000 with good gross profit returns
Ideal trading location in the city centre of Wells, Somerset
Additional shop for sale The Silver Studio (Cardiff)
Early interest and viewing is highly recommended
Very well presented and appointed throughout
Highly regarded and recognised silver reseller
Sale price includes all fixtures and fittings
Ideal lifestyle change opportunity
Genuine reason for sale
LEASEHOLD
Location
This superb leasehold jewellery business has a prime trading location in the city centre of Wells which is in Somerset. The shop has an ideal trading location from being situated on one of the city’s main high streets which also couples as a busy through road. The business benefits massively from the many neighbouring shops and retailers as it brings shoppers and visitors to the location throughout the year. It also benefits from being on a through road as there is a mass of motorists who pass by on a daily basis. Wells is a highly desirable and affluent city which offers everything you would come to expect from a modern and thriving area. The city has fine housing, good schools, NHS services, a wealth of attractions and entertainment venues coupled with easy access public transport links. The city also benefits from being approximately 30 minutes drive away from the M5 motorway which makes visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this superb leasehold jewellery business which was first established by our clients in 1996. They are only now placing it onto the market due to unfortunate poor health and the need for a change in lifestyle. The business which is run and managed by our clients with the assistance of staff achieves a respectable advised annual turnover of £92,000 which is derived from selling an excellent range of quality design led silver jewellery with complimentary and associated goods. Our clients have gone to exceptional expense and effort on the business’ presentation which has resulted in a highly inviting retail shop that is a pleasure to visit. They also have a similar business on the market which is The Silver Studio (Cardiff) additional information is available from MBS Ltd. Our clients are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. We feel this opportunity gives an individual or couple an excellent base to build upon and we urge very early interest in this opportunity as businesses of this calibre rarely appear onto the market.
Financial Profile
Turnover: £92,000pa
Stock approximately: £33,000
Tenure
Leasehold
Rolling Lease
Rent: £10,400pa
Opening Hours
Monday: 10:00am - 5:00pm
Tuesday: 10:00am - 5:00pm
Wednesday: 10:00am - 5:00pm
Thursday: 10:00am - 5:00pm
Friday: 10:00am - 5:00pm
Saturday: 10:00am - 5:00pm
Sunday: Closed
Accommodation
Well presented shop featuring large glass front, secure entrance, open plan display and serving space, fitted reception serving desk, storage cupboard, rear office and work space with kitchenette and drinks preparation area.
Ground Floor
Large window front, excellent advertising and display space
Secure front entrance
Wall fixed display cabinets
Several free standing displays
Fitted serving and payment counter with additional displays
Storage cupboard
Office work space
Jewellery work station
Office station with systems and paperwork storage
Small kitchenette with drinks preparation space
CCTV system surveillance
Open plan attic storage
External
Highly visible front advertising signs
Neighbouring car park facilities | | | | | | FOR SALE | | | | | REFERENCE: | 2610 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
