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Shop for sale

Westgate, Grantham, Lincolnshire, NG31

Leasehold £49,950
120 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,291 sq ft (120 sq m)

Key features

  • REF 12425
  • LEASEHOLD
  • FLORIST

Full description

Tenure: Leasehold

LOCATION
The business is located in the affluent market town of Grantham, Lincolnshire.

Helen's Flowers occupies a prominent position on the well-presented Westgate, the business is surrounded by a wealth of independent retail outlets, eateries, pubs and town centre amenities ensuring a constant high footfall throughout the day. The business benefits from parking to the rear of the business with ample public parking within walking distance.

The A52 and A1 serve the area with a mainline train station and network of bus services providing excellent public transport links.

BUSINESS
Hilton Smythe welcomes to the market Helen's Flowers. Originally founded by our client in 2011 the business has quickly built up an enviable reputation for the quality and personal service offered.

The florist offers an array of flower arrangements, bouquets and displays for all special occasions including weddings, christenings, funerals and presentation/gift displays using seasonal freshly cut and silk flowers. The business reports a healthy turnover of around 120,000 for this financial year with a gross profit of circa 70%.

The store is immaculately presented both externally and internally with the products artistically arranged throughout, with other gift ideas also on display such as pots and vases. We believe the store is large enough to introduce further product ranges or extend the gift selection, the store benefits from a large basement which would be excellent for storage of chocolate.

Helen's Flowers provides local, national and international delivery and are members of eFlorist, a patron member of the British Florist Association. The business also has an informative website and has a presence on social media websites to advertise the merits of this outstanding business.

Early viewing is highly recommended with the business coming to the market as our client looks towards semi-retirement.

PREMISES
Well-presented double fronted premise with large window displays and highly visible signage.

Main shop area:
2 window display areas
Display units and tables for cut flowers, silk flowers, plants, vases, containers, chocolates
Service counter with 1 till, card terminal.
Screened consultation area with seating and display units.

Rear room housing:-
Work benches and shelving, 2 pc's, 2 sinks and toilet facilities.

Good size basement used for storage with 3 rooms.

Street frontage with area for displays
Rear car parking with 2 allocated spaces (barrier operated security)

TENURE
We are advised leasehold
The original lease length is 5 years
As of 2016, 3 years remain on the lease.
Rent is 11,500 per annum.

HOURS
The business opens:-
Monday to Friday 8.30am - 5.00pm
Saturday 8.30am - 2.30pm

STAFF
The business is owner run and managed with the assistance of 3 part time members of staff.

FINANCIAL PROFILE
The business reports a healthy turnover of around 120,000 for this financial year with a gross profit of circa 70%.


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