For Sale

Well Established & Very Popular Florist

St Albans, Hertfordshire

£29,950

Ref: 2904 J

Contact sales negotiator

James Cunliffe

01204 556 300

Email James Cunliffe

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Description

Hilton Smythe is delighted to welcome to the market this well-established and very popular florist business in St. Albans, Hertfordshire.

The business was established by our client in 2003 and is only now being offered to the market due to our client’s desire to take semi-retirement. The business currently operates 5 days per week.

Our client offers a wide range of floral designs for weddings, funerals and special occasions, as well as cut flowers, dried flowers, silk flowers, plants, vases and accessories. Our client also offers a varied range of gifts & gift cards and is an Interflora agent.

The business has built up an enviable reputation within the area for the high quality of the goods and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening on Wednesdays, as the business is currently closed on this day. A new owner could also embark on a modest marketing campaign to promote the goods and services offered. The business already has a very informative website in place, which incorporates online ordering facilities.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Tenure

Leasehold

We are advised Leasehold:

Original lease length: 10 years
Remaining lease length: 18 months
Review every: 5 years
Rent: £1,552 per quarter

Hours

The business is open:

Monday – Tuesday: 9.30am – 5.00pm
Wednesday: Closed
Thursday – Friday: 9.30am – 5.00pm
Saturday: 9.30am – 3.00pm
Sunday: Closed

Staff

The business is owner run and managed with 4 x part time staff members.

Financial Profile

Please contact Hilton Smythe for further information.

Location

Black Iris Flowers occupies substantial ground floor premises, ideally located on a busy road in St. Albans, Hertfordshire. The property is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from free off street parking facilities to the front of the shop. The florist is surrounded be densely populated residential areas, from which the business derives much trade.

St. Albans is a city in southern Hertfordshire, approximately 20 miles north of London. According to the 2011 census, the city had a residential population of 57,795. St. Albans has a thriving cultural life, with regular concerts and theatre productions held at venues including Trestle Arts Base, St Albans Abbey, the Albans Arena and the Abbey Theatre. The city has many state primary and secondary schools, as well as independent schools.

The area is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is St Albans City, which is approximately 2 miles away. The area is also well served by the A-roads, with the A1081 being within easy driving distance, which links to the national A-road and motorway networks. Hemel Hempstead is approximately 6½ miles away and Welwyn Garden City is 8½ miles away.

Premises

Substantial ground floor premises, originally two shops, knocked through to one, briefly comprising:

2 x window display areas.

Side one with:

Floral display stands.
Fresh flower tiered display stand.
Work bench with shelving.
Glass fronted cold room with shelving.
Access to rear stock room, which is racked and shelved.

WC.
Rear exit door.

Side 2 with:

Main serve over counter with electronic cash register and credit/debit card terminal.
Display units with vases.
Ribbon and paper racks.
Drawer storage.
High level storage area.
Rear stock cupboard.

External with:

Layby parking to front of premises.
Rear access door for deliveries.
Bin area.

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