Business for sale

Business description

A very long established, jewellery, watches and fancy goods retail business occupying an excellent, prominent main road trading position at the heart of the city centre’s bustling and ultra trendy Division Street, West Street & Devonshire Quarter area.

Ricky’s Jewellers is extremely well known in the area and benefits from an established, loyal and regular clientele. This easily managed and highly reputable business was established by our client in the early 1970’s, and is now offered for sale due to retirement.

The business is currently operated by our client and his wife and, whilst the business has significant value as a Jewellers, due to their truly excellent trading position, the premises would easily be suitable for virtually any retail use, subject to the necessary consents.

We feel that the business and premises represent a realistically priced and exciting opportunity, especially when considering the outstanding location, offering significant potential for business development by the enthusiastic and hands-on new owner/operators.

Premises:

Good size, superbly presented and well equipped retail business premises, briefly comprising:
Window display area, customer service counter and spacious retail area. To the rear is an administration area with separate wc and kitchenette.
The premises are protected by steel window security mesh, roller shutters, burglar alarm and a buzzer entry system.

Offers: All offers are for the leasehold, goodwill, fixtures and fittings and should be made to this office.

Finance: If you need help or advice please contact us. Our in-house Finance Department specialises in arranging the funding of business purchases such as this.

GENERAL INFORMATION

Trading hours: Monday to Saturday: 10am to 5pm.
Property: Leasehold

Lease terms
Leasehold: The premises are held on a 15-year lease from 2005, with a 5-year Break Clause. Rent: £10,000.00 Per Annum. Rates: £200.00 Per month.

Location
Ricky’s Jewellers occupies a prime, prominent main road position on Division Street in Sheffield city centre, right at the heart of the vibrant and incredibly fashionable Devonshire Quarter, amidst a vast array of bars, restaurants, shops and businesses. The business is surrounded by innumerable newly built and converted apartment complexes, housing thousands of students and young professionals – a captive and un-tapped market, quite literally right on the doorstep


Advert ref: 1476GT