The jewellery shop occupies an excellent trading position in one of the busiest cash trading thoroughfares in the south of England, which is a destination location for many shoppers and tourists visiting Brighton. It is a very rare event that a retail business becomes available in this excellent location, which benefits from a high footfall throughout the year. The concern is easily accessed to Brighton mainline railway station and the City Centre Car Parking facilities. The vendor has created a thoroughly successful business over the past 16 years and has developed a substantial goodwill during this time. The vendor works with a number of suppliers both in the UK and in France and will share these contacts with the new purchaser. The jewellery shop stocks a wide range of items and has many returning customers as well as new visitors throughout the year. The premises are also in close proximity to many professional offices. They have received very good reviews on Yelp and Google Reviews. The business comes to the market due to the vendor’s wish to retire.
- Asking Price:
- £95,000
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
The premises are held on a full repairing and insuring lease at a current rental of £20,400 per annum, with 4 years left on the current lease. There is a rent review due in October 2022.
- Location:
-
The jewellery shop occupies an excellent trading position in one of the busiest cash trading thoroughfares in the south of England, which is a destination location for many shoppers and tourists visiting Brighton. It is a very rare event that a retail business becomes available in this excellent location, which benefits from a high footfall throughout the year. The concern is easily accessed to Brighton mainline railway station and the City Centre Car Parking facilities.
- Premises Details:
-
THE PREMISES: The E use retail space occupies a prime corner premises on Kensington Gardens and Gloucester Road. The premises come to the market in excellent condition and is regularly maintained. The premises consist of the main retail space which has a number of glass display cabinets and shelving throughout displaying the jewellery. The vendor has confirmed that all fixtures and fittings are owned by themselves and nothing is on lease or hire purchase. Towards the rear of the premises and behind the service counter is a small storage cupboard and toilet with wash hand basin. The premises are fitted with air conditioning, CCTV and has metal shutters for the windows and door.
- Planning Consent:
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A1 retail
Business Operation
- Reasons for selling:
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Retirement
- Trading hours:
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The business trades between 10am-6pm – Monday to Saturday and 10am-5pm on Sunday.
- Employees:
- 2
- Years established:
- 16 years
