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Leasehold Florists Located In Coventry

Coventry, West Midlands
Advert ID
2464 / Rightbiz
Leasehold Price: £5,000
Annual Net Profit: Available upon request
Leasehold Florists Located In Coventry
A1 Consent
Ref 2464

This outstanding Florists business is positioned within a prominent and highly visible trading location in Coventry city centre. Its part of a busy parade and is surrounded by other complimentary independent retailers as well as large Blue Chip retailers and offers easy access to Coventry indoor market, West Orchards Shopping centre, Coventry train station and all city centre ring roads. Coventry attracts many shoppers and tourists and offers easy access to all motorway networks.

Asking Price: £5,000 plus SAV (£4,000)

Business Description
Veritas Business Sales are delighted to offer for sale this well established Florists which is located in Coventry town centre. The business has been established for over 16 years and has been in the careful hands of the current owners since February 2019 and is reluctantly being offered for sale due to them relocating overseas. Since ownership they have made continual investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is overseen by its owners with the help of 1 full time and member of staff and has an annual turnover of circa £40,000. Nuleaf Florists offers a wide range of distinctive, high quality floral designs, hand selected flowers and stunning flower arrangements & gifts. Included within the purchase price you have all the usual equipment needed and a full e commerce website. We believe that there is further potential to increase trade should you wish by implementing an advertising and marketing campaign, attending wedding fayres and joining a relay service. There is a possibility that you could change the use subject to planning consent. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a well established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours
Monday & Tuesday – 9.00pm – 4.00pm
Wednesday – Friday –9.00am – 5.30pm
Saturday – 9.00am – 2.00pm
Sunday – closed

Original term: 10 years
Remaining: 8 years
Rent: £12,500 pa
Reviewed: 2021
Break clause: 2023
Business Rates: zero

Ground Floor
Retail showroom comprising: window display, flower display stands, free standing display units, 2 glass display cabinets, serve over sales counter/ work table and 2 additional work tables.
W/C with sink.
Storeroom with worktop and tea & coffee area.
Stock room.

Rear access road with ample owners parking.
EPC Rating E
Listing Details
Location: Coventry, West Midlands
Sector: Florists
Key Features
  • Prime Location
  • Attractive Business
  • Established Business
  • Price Reduced
  • Adjacent to Multiple Retailers
  • Accounts Available
  • Town Centre location
  • Potential for Alternative Use
  • Close to Local Amenities
  • Fully Fitted
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 2464 / Rightbiz

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