Retail premises for sale in Childwall Parade, Liverpool L14

£14,995
Retail premises for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property description

Blacks Brokers are pleased to bring to the market this leasehold floristry business located in Huyton, Liverpool.


Introduction


Julie’s High Class Florist has been trading on Childwall Parade since 1998. Our client purchased the business in 2006 from the original owner. The business specialises in weddings, funerals and contract work. The business has an outstanding reputation and has a strong following on social media platforms.


Location


Situated on Childwall Parade the business benefits from a heavy footfall in this busy location. The business is located in this busy parade of shops with excellent transport links to the M62.


Reason for sale


This opportunity has become available due to our client’s ill health and therefore the business has been placed on the market at this appealing price point.


Lease


The building is available on a 15 year Fri ( Full Repair and Insuring ) lease that commenced in 2006. The rental of £156 per week also includes the buildings insurance.


Staff


The owner is supported by a family member so as such there are no transferrable staff with the purchase.


Financial details


Currently the business is trading steadily over its long trading heritage.Y/E August 2019 show a turnover of 84,422 and a gross profit of £35,303 and a pre tax profit of £5,908.


Business rates


The rateable value of the property is £6,700 however the business currently benefits from Small Business Rates Relief.


Summary


This is a well respected high class florists with a trading heritage spanning over 20 years. Our client has built an enviable reputation that enjoys plentiful local trade and also attracts commercial business from undertakers and local wedding shops. The business benefits from high levels of repeat custom and our client has a good online presence. It is worth noting here that the business has ceased trading from May 2020 and is unlikely to reopen due to ongoing health issues. Therefore we do anticipate a speedy completion for this well respected business. Early viewings are advised. Business: £14,995.

Please quote ref: 7215

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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