Shop for sale

46 High Street South, Durham, County Durham, DH7

Leasehold 38 sq. m. | £18,500

Property Description

Commercial information

  • Business for sale
  • 409 sq ft (38 sq m)

Key features

  • LEASEHOLD FLOWER SHOP
  • REF: 2628

Full description

Tenure: Leasehold

LOCATION
Flowers 4 U is ideally located within ground floor premises in the village of Langley Moor, County Durham.

The business is located on the busy High Street and benefits from a high volume of footfall and passing trade. The business further benefits from free car parking facilities within the area. Amenities within the vicinity include a Post Office, a bank, a Tesco Metro and a newsagents.

Langley Moor is a former mining village located between Brandon, Meadowfield and Neville's Cross area of Durham. The village boasts a large park with a children's play area and access to the River Browney. There are three public houses within the village in addition to a few independent retailers.

The area of the business is served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is approximately 2 miles away in Durham. The area is also well served by the A-roads, with both the A617 and A690 being within easy driving distance, which link to the national A-road and motorway networks. Sunderland is approximately 16 miles away and Newcastle is 18 miles away.

BUSINESS
Hilton Smythe are delighted to offer to the market this well-established and very busy florist business in Langley Moor, County Durham.

Our client established the business in 2006 and is only now, reluctantly, offering it to the market due to a desire for a well-deserved retirement. The business operates 6 days per week, Monday - Saturday, with two half days, generating a turnover in the region of 56,700 per annum, with a gross profit of approximately 48%.

The business offers a wide variety of services including general floristry services and bespoke floral arrangements for wedding, funerals and for local businesses. Our client has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours of the business, as currently our client closes at 12 noon on Wednesdays and Saturdays. A new owner could also hold a small marketing campaign to highlight the goods and services offered, There is also scope to launch a website for the business, which could incorporate online ordering services.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Large ground floor lock-up premises in a prominent main street location, briefly comprising:

Ground floor with:

Main sales and display area with central displays and racking/shelving to perimeter walls.
Service area with electronic cash register and credit/debit card terminal.
Preparation area to rear of counter.
Storage area.
Kitchen.
WC.

External:

Rear yard with parking space.

TENURE
We are advised leasehold:

New lease available.
Rent 90 per week.

HOURS
The business is open:

Monday - Tuesday: 9.00am - 4.00pm
Wednesday: 9.00am - 12.00pm
Thursday - Friday: 9.00am - 4.00pm
Saturday: 9.00am - 12.00pm
Sunday: Closed

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
The business generates a turnover in the region of 56,700 per annum, with a gross profit of approximately 48%.

Nearest station

  • Durham (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Durham (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299139 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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