Exclusive Florist and Wine Store in North London For Sale

Situated in a parade, excellent main road trading position, NORTH LONDON

Turnover £ 2,250
Price £45,000

Features

Exclusive Florist & High End Wine Store


DOUBLE FRONTED PREMISES in the region of 675 ft² WITH ELECTRIC SHUTTERS, CCTV (5 cameras). Herringbone laminate flooring, plasterboard ceiling with spot lights.

Sales counter, touchscreen, cash register.

Racking for ambiant display, wine chiller, display staging for flowers and plants.

Office.

Kitchen with cupboards, sink, drainer, fridge, kettle.

Staff cloak room with toilet and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. - £2,500 p.w. with a Gross profit of 80% approx. ( Flowers and plants 75% / wine 25% )

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 10 am - 6 pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2017 with reviews every 4 years (next review August 2026) at a current rent of £24,000 p.a.

Business Rates from April 2025 £4,000 approx. (after small business relief) (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote