Old Established Florist in East Sussex For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, East Sussex.

Turnover £ 7,000
Price £149,500

Features

Well Fitted Florist

6 DAYS OPENING

FORECOURT FOR DISPLAYS

DOUBLE FRONTED PREMISES in the region of 1,320 ft² with wood strip floor, suspended ceiling with LED Panel lighting, sales counter, sales counter, cash register, modern adjustable shelving

Show room to rear

Making up room.

Staff Ladies' & gentlemen's Toilet with w.c. and wash hand basin..

2 Store rooms.

Office

Turnover

WE ARE INFORMED by the owner the turnover currently averages £7,000 p.w. with a Gross profit of 70% approx.

Staff

The business is at present operated by the vendor on a part time bases with 2 full time and 6 part time staff as required.

Trading Hours

6 Day week
MONDAY - SATURDAY 8.30am - 5.30pm

Outside

Service road to rear with parking

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 16 years in 2014 with reviews every 4 years (next review 2026) at a current rent of £28,800 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE MARCH 2007, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote