Superb Florist And Retail Outlet In Cambridgeshire For Sale

Business description

Superb Florist And Retail Outlet - Cambridgeshire
Loyal local custom plus high numbers of passing trade
Turnover £200,000 pa with huge growth potential
High quality interior with low rent payable
Good location in picturesque St Ives
Early viewing highly recommended
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer to the market this well established florist which has been in the careful hands of our clients since 1979 and is only now being offered to the market due to our clients wish to take a well earned retirement.

Since our clients took over the business they have fully renovated the trading area and the ground floor storage and work rooms to a quality that provides the new owners a true walk-in and trade business.

Our clients inform us that the current turnover of the business is £200,000 with a gross margin of 65% this is derived from the sale of cut flowers, bouquets, ornamental flower arrangements and accessories such as vase's, dried flowers and greeting cards.

The business enjoys a strong reputation for innovative wedding flower design plus the local community relies on the business for its everyday cut flower needs and as such has a high level of loyal and repeat trade. Meridian Business Sales recommends early viewing on this business so as to fully appreciate the quality and growth potential for the new owners.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining: 5 years
Review: 3 years
Rent - To be negotiated

Living accommodation:

Well presented and maintained semi-detached ground floor lock up trading area with storage and work rooms situated on a corner plot briefly comprising:- GROUND FLOOR Main entrance leading to an open plan retail area with display stands for cut flowers plus shelving to the walls. 2 x reception desks and work stations. Double aspect windows with full display capability Toilet and kitchenette Trading area with quality carpet throughout. Raised floor area for display of cut flowers in tubs. Further range of display stands for accessories. Office with desk and filing. Quality fixtures and fittings plus decoration. Rear door leading to yard. EXTERNAL Parking and storage area to the rear of the premises

Location:

This well established florist and retail outlet is located just off the main through road and town centre of St Ives. St Ives is a popular and up market town in the county of Cambridgeshire renowned for its picturesque countryside and quality period properties. The florist is ideally located to maximise on the passing trade that flows in and out of the town and enjoys a monopoly trade as the nearest competition is in the centre of the town. The florist is also a few yards walk from the town centre where all of the main retail outlets are, all of which provide high levels of trade for the business. St Ives has strong road links to the A14, A141 trunk roads and A1 motorway connecting St Ives to the nearby cities of Peterborough and Cambridge.