Shop for sale46 High Street South, Durham, County Durham, DH7
Leasehold 38 sq. m. | £13,660
- Business for sale
- 409 sq ft (38 sq m)
- LEASEHOLD FLOWER SHOP
- REF: 2628
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 18½ miles away.
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.
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.
Rear yard with parking space.
We are advised leasehold:
New lease available.
Rent £90 per week.
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
The business is owner run and managed.
The business generates a turnover in the region of £56,700 per annum, with a gross profit of approximately 48%.
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