Long Established Floristry Business with High Turnover & Huge Potential

We are instructed by clients to seek new owners for this very well presented floristry business which trades from main road premises within a busy and particularly affluent location in South Essex. The premises have been used as a floristry business for over 30 years and the current owner has traded here for almost ten years, mostly under management. It is a fair expectation that under new dynamic ownership the additional income stream opportunities would see the turnover increase even further from its already consistently high level. As an example at the rear of the premises is a wooden cabin of some 190 sq. ft which would accommodate floristry classes, craft events or similar without any impact on the running of the business. The adjacent premises currently forms part of the lease and is sub-let bringing additional income to support the lease payments, should the new owner wish to expand the premises to the original double unit then that option would be available, certainly the location would appear to support an increased stock availability of homeware and gift items. Another benefit of the premises is the large customer car park at the rear, refrigerated cold store and storage container. The business holds the coveted Interflora Gold status for three local areas. The website, limited company and all equipment is included within the sale. Accounts are available on request to demonstrate the strength of the opportunity on offer.

The Main Retail Space is 30' x 15'4. Work Room is 13'8 x 8'1. Office 7'9 x 3'5. Staff Kitchen is 9'6 x 4'4. Staff Toilet is 4'3 x 3'9. Rear Storage Rooms 14'8 x 9'9 & 6'6 x 2'7. Wooden Cabin is 19'9 x 10'. Refrigerated Cold Store is 18'8 x 7'5.

We hold holds profit and loss accounts for the the last three year trading period which are available on request, subject to approval from client.

The lease expires at the end of 2026 so the Landlord has agreed to grant a new lease at a commencing rental of £18,000 per annum. Currently the adjacent sub-let premises produces rental income of £6000 per annum towards that total rent.

The floristry business premises are rated at £11,500 per annum and the adjacent premises are separately rates at £5100 per annum. Both figures are subject to the usual multipliers and schemes.

The seller seeks sensible offers in excess of £50,000 for the valuable business interest to include, goodwill, lease, limited company and all equipment. Ingoing buyer/tenant to be responsible for Landlords reasonable legal costs incurred in the preparation of a new lease.