5780 / Rightbiz
- Established Since 2011
- Annual Turnover £52,000
- Gross Profit £23,400
- Relocation Sale
- Rent £168 Per Week
- EPC - C
REF 5780 – Leasehold Florist & Gift Shop
Blacks Business Brokers are pleased to bring to the market this leasehold florist and gift shop located in the much sought-after area of Salford, Greater Manchester.
Party Gems has been trading from Unit 4 The Vibe since 2011 when our client set the business up, during that time it has firmly established itself within the local community, offering a range of floristry and party services including wedding packages, floral tributes, fresh flowers, balloons and gifts.
Situated within a well-presented parade of shops close to many residential properties in Broughton, the business has parking available directly outside. The area is popular with locals, shoppers and town centre workers and this excellent trading position brings a good amount of passing trade in addition to locals.
REASON FOR SALE
Party Gems is only being offered for sale as our client is relocating.
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is 10 years with rent reviews every 3 years. The current lease began in 2011 at a cost of £168 per week.
BUILDING LAYOUT AND DESIGN
Party Gems is housed within the ground floor of a large, mid terraced retail unit in an attractive shopping parade known as “The Vibe”. This large, double fronted unit is presented very well with strong branding and signage on display and a fully glazed frontage. Inside, the shop is welcoming and well-organised with vinyl flooring throughout, modern lighting and stock displayed on a range of wall shelving, central display stands and both floral and card display stands. The till and servery area is positioned to the side of the retail area with stock room and toilet to the rear. All areas are beautifully presented.
Party Gems is currently operating with just our client in employment with no other members of staff in place.
Financial details are available upon a viewing of the business and Party Gems has traded solidly over its trading history. The business generates an annual turnover £52,000 with gross profits of 45% and there are zero rates payable for this building.
This well-established and well-known leasehold business is a refreshing mix of floristry and party services and it delivers impressive weekly takings from multiple income streams. There is plenty of scope to develop the business further with the introduction of local marketing and more staff to accept more workload. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are very strongly advised.
Fixtures & Fittings:
Free Standing Furniture
Tue - Sat - 9am - 5pmMon & Sun - Closed
£168 Per Week.
Leasehold Price: £19,950
Location: Salford, Manchester
Annual Turnover: £52,000
Energy Performance Certificate (EPC)