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8938CV COVENTRY LEASEHOLD: £65,000 JEWELLERS /EMPTY RETAIL PREMISE

Asking Price: GBP 65000
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Business Location: United Kingdom » Coventry » COVENTRY 
Category: Retail » Miscellaneous Retail
Description:
Advent Business Sales have been instructed
to 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.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1996
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Mon-Sat: 10.30am – 6.30pm
Reasons for selling:
Established in 1996 by the current vendor, it has now reluctantly been offered for sale due to growing personal commitments.
Market competition and expansion:
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.
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