8938CV COVENTRY LEASEHOLD: £65,000 JEWELLERS /EMPTY RETAIL PREMISE
Advert ref: #2187
Category: Retail -> Specialist
Location: England -> Midlands -> West Midlands -> Coventry
Category: Retail -> Specialist
Location: England -> Midlands -> West Midlands -> Coventry
Business for sale
Asking Price:
£65,000
Turnover:
£1
Annual profit:
£1
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
12
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
Advent Business Sales have been instructedto offer for sale this well established and
popular jewellers business with huge
potential.
Established in 1996 by the current vendor, it
has now reluctantly been offered for sale due
to growing personal commitments.
The business has a strong reputation far and
wide for 22 and 24 carat Asian gold, which
draws customers from all over Coventry and
its surrounding areas.
The business is equipped to a good standard
with custom made fixtures.
The premises is not limited in usage, it may
be suitable for a variety of uses subject to
planning permission.
REF:8938CV
TRADING HOURS
Mon-Sat: 10.30am – 6.30pm
EXPANSION POTENTIAL
There is excellent potential for growth and
expansion including:
1. Heavy investment of contemporary
and classic jewellers
2. Refurbished to recoup further sales
3. Advertising
4. Apply for change of use
The area lends itself to accommodate a
number of businesses to suit the Asian and
ethnic population.
FINANCIAL INFORMATION
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
An attractive shop frontage with added
security of roller shutters front and back and
an alarm system and consisting of the
following:
The business is offered with a 2 bed roomed
living accommodation, partly furnished.
Ground Floor
Glass display window and door
with buzzer controlled entry leading
into entrance with a further buzzer
controlled door leading into
Main shop
Glass display counter and cabinets
Door to rear leading into
workshop/office
W/c
Separate rear entrance to first floor
living accommodation
First Floor
Lounge
2 double bedrooms
family bathroom
fitted kitchen
TENURE: Leasehold
Original lease: 10 years
Remaining lease: 8 years
Review every: 3 years
Rent: £12000 P.A.
We are advised that the annual business
rates are currently: £900
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.
