Established Plant Business with Retail, Online and Corporate Clients Brighton, East Sussex

A beautifully presented plant store located in the heart of Brighton’s vibrant Open Market, just off London Road and close to the popular Level. The business occupies a prominent position near the London Road entrance to the market, benefiting from strong visibility and consistent footfall. Established for over six years, the business has built a strong reputation for supplying high-quality plants and enjoys excellent Google reviews. In addition to in-store sales, the business operates a successful website and has developed a portfolio of corporate clients, providing plant installation and ongoing maintenance services to a number of office premises. The business is only being offered for sale as the vendors wish to pursue other business opportunities, presenting an excellent chance to acquire a well-regarded and established operation in a prime Brighton trading location.

THE PREMISES: The premises are located in the heart of Brighton’s vibrant Open Market, just off London Road and close to the popular Level, within a busy and well-established trading environment. The market benefits from a consistent flow of visitors throughout the year, attracting both local residents and tourists. The unit occupies a prominent position close to the London Road entrance of the market and benefits from a large forecourt area, which is particularly well suited for external displays, including plants, floral arrangements and seasonal Christmas tree sales. Upon entering, the premises feature shelving displaying a wide range of house plants, pots and flower bouquets, along with a serve-over counter and dedicated order preparation area. To the rear of the premises is an additional display area, which during the summer months is used for the sale of bedding plants and flowers, further enhancing the trading space and customer offering.

TURNOVER: The business is currently averaging £1,700-£2,200 per week and sees an increase in turnover during the Christmas period when they also sell Christmas Trees.  They currently trade between 10am-5pm Monday – Saturday and 11-3pm on Sunday. In addition to the shop sales, they also have an e-commerce website which generates 20% of sales. Both vendor’s work full time in the business with the assistance of one 1 part time staff member.

TENURE:  The premises is held on a licence which is renewed annually at a rental of £10,560, which also includes the service charge.

RATES: The business receives the benefit of the Small Business Rate Relief and the amount payable at the present time is zero. The rateable value of the property is £5,300 per annum. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: Excellent opportunity to acquire a specialist plant and flower business in the Open Market, Brighton. Low overheads. High footfall throughout the year.

PRICE: We are instructed to quote for the goodwill, licence, equipment, trade fixtures and fittings £39,950

LEGAL FEES:  Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the staff without a prior appointment through the vendor’s sole agents, Watkins Commercial, Telephone: 01273 709090. 

ENERGY PERFORMANCE CERTIFICATE:  The premises has been rated a Band B, the full report is available upon request.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT:    All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

Prop. Ref:        6924M

These particulars are believed to be correct but their accuracy is not guaranteed and

they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)              Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)               Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial.