Flourishing Florist and Giftware Shop in Affluent Cleadon, Established 2005, Now for Sale
Cleadon, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
06/05/21
- Advert ID
276155
- Leasehold: £30,000 (Stock at valuation)
- Rent: £7,000
- Turnover: £180,000 (£3,462 Per week)
- Net Profit: On request
Key Features
- Potential for Alternative Use
- Small Business
- Accounts Available
- Close to Local Amenities
- Price Further Reduced
- Retirement Sale
- Attractive Business
- Price Reduced
- Prime Location
- Central Position in Affluent Village
- Established Business
Business Details
Well Established Florist Giftware Shop
Well Established Florist / Giftware Shop (REDUCED)
Established 2005, the business is based in the quaint, affluent village of Cleadon. The main focus of the business is floristry and plant sales, however it also offers giftware from high profile suppliers such as Parlane, Joma Jewellery, East of India etc. Etc. The business has an excellent reputation and prides itself in the quality of products it designs and produces. The website which was 'in house' designed, contributes to the overall turnover and receives orders worldwide. Supplies are received daily ensuring that only the freshest of produce is used.
We specialise in unusual flowers and are not 'the run of the mill' florist, hence the large, loyal, diverse and ecleptic mix of customers. The business has a high social media presence and 'posts' via Facebook and Instagram on a regular basis.
Delivery areas include all SR, NE33-38, and some DH / NE postcodes Additionally the business has an excellent reputation for delivering its own designs nationally via Royal Mail.
The shop has a 'selling area' in addition to an office space, yard, storeroom and toilet. Off street parking is available adjacent to and around the shop.
The business benefits from 100% rates relief. The current lease expires in Aug 2028, however there is a break clause option in Aug 2023. Current opening times M-F 09:00 - 16:00 and Sat 09:00 - 12:00
The current owners do not engage with any 3rd party 'relay companies', there would be scope for new owners to explore this avenue.
Contact me for more information.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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