Old Established Florist in Enfield For Sale

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

Turnover £ 5,000
Price £125,000

Features

Old Established Florist

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 485 ft² with lino floor, LED and hanging lights, sales counter, shelving.

Preperation area.

Stock room.

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

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w. with a Gross profit of 61% approx.

Staff

The business is at present operated by 2 sisters with parents support

Trading Hours

6 Day week
MONDAY - SATURDAY 9am - 3pm

It will be appreciated upon inspection that there is terrific potential for additional opening hours.

Outside

Side access to Rear garden with 2 sheds

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR trading over current rent is at a current rent of £13,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote