Business for Sale Overview:
The Business: Advent Business Sales have been instructed to offer for sale this very well established family run jewelers.
Established by the current vendor over 20 years ago, it is now reluctantly offered for sale due to retirement.
The business offers repairs and silverware which is bought on a sale or return basis. Only stock sold is paid for, therefore the vendor does not have own any stocks.
The business benefits from little local competition and has been trading successfully for over 20 years by recommendation and word of mouth, with virtually no advertising.
The business is run by the owner and his wife plus a shop manageress. Our client would be more than happy to carry out repairs for the new vendor if wished; meaning someone from outside the trade could purchase and learn the business.
There is a full regeneration program currently in place for the town center; some of the work has already started. This will undoubtedly significantly increase footfall into the area and will greatly benefit the new owners. A new lease is to be arranged by the new vendor.
Trading Hours:
Mon – Sat: 9.30am – 5.00pm
Sun: closed.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Business Premises:
Ground Floor
Well presented shop entrance
Main shop
Workroom/storeroom
Kitchenette
W/c
External
Paved to the attractive shop entrance
Display leading to shop
Front entrance only giving better security
Fully alarmed
CCTV
Front roller shutters
Tenure: Leasehold
Original lease: 15 years
Remaining lease: 0
Review every: 5 years
Rent: £900 per month
We are advised that the annual business rates are currently: £1,900.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.