Old Established Florist in Kent For Sale

Situated in a Parade, excellent main road trading position, residential and commercial area, Kent.

Turnover £ 4,000
Price £85,000

Features

Old Established Florist

FORECOURT FOR DISPLAY
6 DAYS OPENING

DOUBLE FRONTED in the region of 1,500 ft² WITH CANOPY, Kardean flooring, sales counter, EPOS till, suspended ceiling with spot and fluorescent lighting, shelving.

Large Display Cooler.
Work Room
Toilet with w.c. and wash hand basin.
Kitchen

Basement in the region of 465 ft² , used for storage purposes.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w. with a Gross profit of 60% approx.

Staff

The business is at present operated by the lady vendor on a part time basis with 1 full time & 1 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 9am - 5pm
SUNDAY (Closed)

Accommodation

Flat is granted on a long lease (80 yrs remaining) with perpercorn rent of £120 p.a. .

Outside

Rear yard

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE 16 years full repairing and insuring lease with rent reviews every 4 years, £17,000 Approx

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2001, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote