£0 £1000000
£0 £1000000

Long Established Florist For Sale

Gillingham, Kent

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Sold

£69,995 +SAV

Ref: 13347 J

Leasehold

Overview

Hilton Smythe welcomes to the market Wigmore Florists. This immaculately presented traditional florist was originally founded by our client nearly 40 years ago, with a vast wealth of experience and enviable reputation within the industry. The florists offers exquisite bespoke floral displays, hand ties and bouquets for all occasions. According to the 2016 accounts the business reports a very healthy turnover in the region of £210,000 with a gross profit at circa 60%. 70% of revenue is via the shop and 30% from a delivery service through Interflora. Included in the sale is a liveried van valued at circa £3000. As the vendor is classed as a founded member of Interfola; the membership is easily transferable. The store is beautifully arranged with an excellent choice of wedding displays, funeral and sympathy flowers, seasonal arrangements, celebration bouquets which can include the choice of chocolates and champagne to complement, balloons, cards and much more. Advertising is via the businesses comprehensive website www.wigmoreflorist.co.uk and Facebook page with regular features, updates and pictures of current orders. Early viewing is highly recommended.

Turnover
According to the 2016 accounts the business reports a very healthy turnover in the region of £210,000.

The business is owner run and managed with the assistance of 3 full-time florists and 3 part-time drivers.

The business opens: - Monday to Friday 8.00am – 6.00pmSaturday 9.00am – 5.00pm Plus occasional deliveries on a Sunday and evenings.

The business is located in the affluent town of Gillingham, Kent. Ideally located within a parade of shops including a newsagents and pharmacy and facing a busy petrol station and local pub/restaurant all serving this large residential area. The business benefits from parking directly to the front. The florists sits on the main thoroughfare through the town and the nearest train station is at Rainham a short drive from the business. The area is easily accessible from the M2 motorway.

End of parade premise briefly comprising: - Excellent signage, illuminated in the evening, with large window displays and canopy to the front. Long glass fronted display counter, side wall display stands, tiered floral unit, central birthday and celebration stand, Champagne and chocolate cabinet and consultation area. 2 linked rooms – the first with work bench and preparation area, the second used for administration and ordering. Parking for van and customers directly to the front. End of parade premise briefly comprising: - Excellent signage, illuminated in the evening, with large window displays and canopy to the front. Long glass fronted display counter, side wall display stands, tiered floral unit, central birthday and celebration stand, Champagne and chocolate cabinet and consultation area. 2 linked rooms – the first with work bench and preparation area, the second used for administration and ordering. Parking for van and customers directly to the front.

Tenure
We are advised leasehold. The original lease length is 20 yearsAs of 2016, 6 years remain on the leaseRent is £13,339 per annum.

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