Interflora Florist 3 Bedroom Accommodation Included For Sale

Business description

Village location Harefield Middx. Also selling wide range Gifts and Cards. Garden area for displays. Detached propery with accom above. Rental income c£900 pcm. (Could be used by owner) T/o c£3k pw. Overall rent £14,750 pa. Good opportunity to purchase profitable business.

Property information

Property:

Leasehold

Living accommodation:

Accommodation Included

Location:

Location
The florist is located in the centre of the affluent village of Harefield (Middx) opposite the Post Office, attracting trade from the local residents in the area.

Business
The business trades at an Interflora Florist and Gift Shop established for 5 years on the site. The business benefits from a substantial counter trade accounting for approximately 70% of the turnover with the balance of 30% derived from Interflora. A 6 years old sign written Belungo van is used for deliveries and is included in the sale.

The business also retails a wide range of glassware, gifts, soft toys, balloons, greeting cards, gift wrap, accessories and potted plants.

The turnover (excluding vat) shown in the trading accounts are as follows:
Year ending --.-.08£146,739
Year ending --.-.07£159,646

We are advised that the current turnover runs at £3,300 per week for the past 39 weeks working on a gross profit of c50%.

Hours
9am - 5.00 pm Monday to Saturday. Closed Sunday.

Staff
Family run business with the assistance of 2 part time drivers with a wage bill per week of £170 in total.

Premises
The property comprises a detached building housing two lock up shops, rear Garden and upper 3 bedroom Accommodation.,

Shops: Intercommunicate, one side for the sale of the Flowers and the other for Gifts and Cards. The florist area benefits from a work section, display stands and counter along with a Cold Store in the real and a small self contained conservatory to house stock. The gift shop benefits wood display shelving along with a small office The large rear garden could be used for the display of plants to create a small garden centre.

Front exterior: Half Glass frontage with outside display of flowers.

Accommodation: 3 bedrooms (2 double and 1 single) with Lounge, Kitchen and Bathroom/wc. (Unseen by Adams and Co). Currently let on an AST (Assured Shorthold Tenancy) providing a rental income of £900 per month. The accommodation could also be used by the owner if required.

Tenure
8 years remaining on lease(2009). Advised within the Landlord and Tenant Act. Rent £14,750 per annum including the accommodation. Rates c£3,640 pa.