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Florist

Sunderland

£25,000 (Leasehold)

REF: NE2174

Location

 

This business opportunity is located within a busy shopping parade, known as the William Doxford Centre, which has Morrisons Supermarket as the lead tenant. Access is straightforward from the Doxford Park Way and the main A19 Trunk Road is less than 10 minutes away by road.

 

Business

 

This business has occupied the same unit since the shopping centre was opened but, after nearly 30 years of trade, the current owner and her staff have decided to plan for retirement.

 

This is a popular and reputable florist with high levels of repeat trade and one which does not rely on any 3rd party platforms for leads.  Flowers In The Park offers a range of products to suit all budgets and have a wide customer base. Within the industry, the shop is well known for the quality of their funeral arrangements.

 

The surrounding area comprises residential housing, offices and industrial estates and this delivers a certain amount of captive trade.  The Morrisons supermarket opposite also generates good levels of customers as they no longer offer flowers for sale.

 

There is a delivery service that covers a radius which includes Peterlee to the south and Gateshead to the northeast. A liveried car will be available to buy by separate negotiation.

 

Premises

 

Comprises a ground floor lock up single storey retail unit forming part of a larger parade.

 

Ground Floor               225 sq.ft. (21 sq.m.)

Retail Unit                   

W.C.

 

External

Communal Yard           with rear access

 

Trading Hours

 

Monday – Friday                       9am – 5pm

Saturday                                   9am – 4pm

Sunday                                        closed

Staff

 

The business will be sold free of staff.

 

Fixtures & Fittings

 

A full inventory would be made available prior to an exchange of contracts.

 

Rates

 

The premises are assessed as follows:

Rateable Value £5,800

Rates free incentives subject to status.

 

Tenure

 

We are verbally informed that the premises are held on a 5 year a lease from November 2024 at a passing rent of £5,500 per annum which includes electricity. There is a service charge which covers the communal areas and bin collection.

 

EPC

 

Rating TBC.

 

Money Laundering Regulations

 

In accordance with the current Anti-Money Laundering Regulations, the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.

 

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

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