FLOWER FAYRE 57 DEVONPORT ROAD PLYMOUTH PL3 4DL

A well established floristry business in an excellent location together with a recently refurbished 2 bedroom self contained apartment only now available due to the impending retirement of the owner.

The business has been in the same ownership for many years and now is available offering an exciting opportunity to further develop this profitable retail business.

As an Interflora florist not only does the business offer a wide range of fresh, dried and silk flowers, assembled in both traditional and modern arrangements, but also they stock a wide range of gifts including chocolates soft toys and Champagne which are all available for delivery.

The business does have a license for the sale of alcohol.

Description and Location

This substantial mid terraced property offers spacious ground floor retail and storage areas together with a recently refurbished and refitted two bedroom apartment with a self contained entrance on the upper floors.

Stoke District shopping centre is a popular retail centre offering a wide range of specialty and convenience shops anchored by a Co-Op Supermarket ,public houses cafes etc. The immediate area is a densely populated mixed residential area and lays approx 2 miles to the north west of Plymouth City Centre.

Business

The vendors have operated and run this business for 9 years and now wish to retire We have had sight of the last 3 years trading profit and loss accounts prepared by the vendors accountants and they confirm that the business has been run on a profitable basis with the year ended April 2009 showing a turnover of over £135,000 with a gross profit of 62%.

The adjusted net profits after adding back personal expenditure depreciation etc amount to over £40,000.The turnover has been consistent over the past 3 years and is on target to be similar this year.

Full details +of accounts will be made available to genuine applicants following a viewing of the premises.

Staff and Wages

The business is run by the Vendor, 1 full time and 2 part time members of staff. The vendors Husband assists with deliveries and the re is also a Saturday Trainee employed.

Accommodation

Single fronted shop unit Front sales area 4.00m x 7.65m 30.60m2 [329sqft] Rear area 2.00m x 5.20m 10.40m2 [112sqft] Rear Workshop 1. 3.07m x 3.37m 10.35m2 [111sqft] Rear Workshop 2. 3.05mx 4.50m 13.73m2 [148sqft] Staff Wc

Outside Yard with access to rear lane

Private Accommodation

All recently comprehensively refurbished and refitted

Entrance hallway, stairs up to

First Floor

Lounge 5.20m x 3.95m Feature electric firplace

Kitchen/Breakfast room 4.05m x 2.90m Range of new fited units with built in appliances wood laminate floor

Bathroom Double shower Wc and wash hand basin

Second Floor

Bedroom 1 5.19m x 4.00m built in cupboard, stripped wooden floor

Bedroom 2 4.10m x 2.90m built in cupboard, stripped wooden floor

Tenure

Freehold

Price

Offers invited on £225,000 for the freehold, goodwill fixtures and fittings plus SAV

FINANCE

In these challenging times competitive business finance is hard to come by.

That is why we recommend an Independent Commercial Finance Master Broker who has access, subject to status, to the best rates available.

Please ask for more details so that they can advise you of the options available to assist the purchase of your chosen business.

As they are independent and not part of Taylor Son & Creber you do not need to be purchasing through this company and all enquiries are dealt with in strict confidence.

EPC

For details of the energy performance certificate for this property please contact the agents

BUISNESS RATES

2010 Rateable value £4,750

VAT

All prices and rents quoted are exclusive of VAT where chargeable.

Viewing Strictly by prior appointment with the agents Taylor Son & Creber 01752 202035