Florist plus Gift Shop in North London For Sale

Terrace property, excellent trading position, residential area, NW LONDON.

Turnover £ 1,750
Price £39,950

Features

Florist with Quality Gifts, Confectionary and Balloons

IMMACULATE SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, in the region of 300 ft², CCTV (5 cameras), Industrial non-slip vinyl flooring, plasterboard ceiling with spotlights.

Sales counter, Square POS system.

Display staging, racking, shelving, water dispenser, etc


Stairs to BASEMENT, in the region of 300 ft²

Staff cloakroom with toilet and wash hand basin.

Open plan office with computer, fridge/freezer.

Work station for floral arrangements.

Cylinder for balloons.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,750 p.w.

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9.30 a.m. - 6 p.m.
SUNDAY 10 a.m. - 3 p.m.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2023 with reviews every 3 years (next review with break clause 2026) at a current rent of £27,500 p.a.

Business Rates from April 2025 tbc. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND NOW OFFERED FOR SALE SOLELY DUE TO THE OWNERS OTHER COMMITMENTS

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £39,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 19,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote