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Shop for sale

Red Lodge Road, West Wickham, BR4

Leasehold £45,000
102 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,097 sq ft (102 sq m)

Key features

  • REF 12485
  • LEASEHOLD
  • FLORIST BUSINESS

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is proud to present to the market Ann Allen Flowers.

The traditional florist is a well-known business and has been an the most established florist since the 1970's in the area, our client took over the business not long after but have now reluctantly decided to sell due to a well-earned retirement.

The business is currently turning over 122,290 per annum with a gross profit of 46%, as per the 2016 accounts. The florist is very popular for weddings, funerals and other special occasions such as birthdays and seasonal giving. . The business is its especially busy during mother's day and have had up to 120 orders and deliveries. Ann Allen Flowers specialise in bouquets of flowers, flower arrangements and gifts that include chocolates, teddy bears, cards and balloons that can be added to the order to make it a bit more personal.

The business is completed with its own website which is www.annallenflowers.co.uk, the website is very well presented and brings in 50% of the sales and is the sole Interflora member for West Wickham.

We advise that an early viewing for the business for an interested parties is highly recommended.


LOCATION
Ann Allen Flowers is situated in West Wickham near Bromley.

The business is located in the middle of a retail parade with West Wickham Leisure Centre directly facing the business, which the business benefits from footfall in addition to other thriving businesses in the vicinity.

The nearest bus stop is a short walk away from the business and West Wickham train station is a two minute walk away and will take you directly to London Charing Cross, London Cannon Street and Hayes, Kent. The shop is ideally located on the main route to the station.

PREMISES
The business premise is an open plan retail area with a raised area artistically displaying flowers and bouquets and other complementary products. There is also to the left space for cards and bespoke arrangements as well as a seating area for customers and consultations.

The shop is fitted with a fixed wooden serving counter, electrical cupboard and access to the rear workroom which includes an office area, cold room, kitchen area and access to the first floor flat and large private garden accessed from the shop and flat. The business is brightly and very well signed. The florist is a lilac colour so it stands out of the parade of shops and catches your eye.

The first floor flat includes a family bathroom, kitchen, sitting room, private garden, a double bedroom, a single bedroom and a large store cupboard

TENURE
We are advised that the business is Leasehold.
The original lease length is 5 years.
The lease is set to end in September 2020.
Rent 9,000 per annum

HOURS
The business is open from:

Monday; 9:00am - 6:00pm
Tuesday: 9:00am - 6:00pm
Wednesday: 9:00am - 1:00pm
Thursday: 9:00am - 6:00pm
Friday: 9:00am - 6:00pm
Saturday: 9:00am - 6:00pm
Sunday: 10:00am - 2:00pm

STAFF
The business is currently run by our client, her husband and 1 part time staff member.

FINANCIAL PROFILE
The business is currently turning over 122,290 per annum with a gross profit of 46%, as per the 2016 accounts.


Map & Street View

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