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Profitable, Established Jewellery Business in Prime Saint Leonards East Sussex Location

Saint Leonards, East Sussex
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  • Leasehold: £99,000 (Stock at valuation)
  • Turnover: On request
  • Net Profit: Not Applicable

Key Features

  • Accounts Available
  • Fully Fitted
  • Established Business
  • Unique Business
  • Town Centre location

Business Details

High Turnover Jewellers

The business is situated on the vibrant London Road in St Leonards, a popular seaside town known for its charming bohemian atmosphere.  Positioned on the bustling Kings Road, the shop is surrounded by many independent shops and a variety of eateries.  It enjoys a prime location, less than 100 meters from both the seafront and the train station.

 

Business

The shop, established as a jewellers since 1872, is a long-standing business and the only one of its kind in St. Leonards. Owned by the current family for 26 years, it is now being offered for sale due to personal reasons.

 

The business provides a wide range of products and services, including fine jewellery, gifts, watches, valuations, repairs, and gold buying.  Additionally, it features an onsite Goldsmith designing and creating bespoke jewellery pieces.

 

Premises

There is a retail area measuring 7.4m by 3.0m leading to an office area, workshop, cleaning room, polishing area and WC.  (See floorplan for measurements.)

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Stay Safe

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.

Stay Safe

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.

Stay Safe

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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