Most Attractive Florist in Surrey For Sale

Situated in a parade, excellent main road trading position, wealthy residential SURREY LOCALITY

Turnover £ 3,900
Price £110,000

Features

Most Attractive Florist

6 DAYS OPENING
RENTAL PROFIT OF £14,600 p.a

SINGLE FRONTED PREMISES in the region of 550 ft² WITH CANOPY, tiled floor, suspended ceiling with spot lights, sales counter, cash register, modern adjustable shelving, chocolate display counter.

Stock room

Rear External Stock room.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,900 p.w. with a Gross profit of 40% approx.

Staff

The business is at present operated by the vendor with the assistance of 3 part time staff and 1 delivery driver.

Trading Hours

6 Day week
MONDAY - SATURDAY 9.30am - 4pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, at present let on a shorthold tenancy providing a rental income of £2,100 per month . The accommodation comprises:

4 Bedrooms (3 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear yard with Parking space for 5 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2026 with reviews every 5 years (next review 2031) at a current rent of £25,000 p.a. + VAT

The vendor also has benefit of the unit next door which is has been sublet to a Barbers which brings in a rentail income of Retail income for a baber of £14,400

(As will be appreciated with the rental income currently of £39,600 p.a. in respect of the self contained maisonette, there is in fact at the present time a profit rental of £14,600 p.a).

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2008, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 55,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote