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The Flower Room, Stone, Staffordshire, ST15 0HN

Stone, Staffordshire

£55,000 +SAV

Ref: 12526

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Description

Hilton Smythe is proud to present to the market The Flower Room. This high end independent florists is very well known in the area and sees much support from local residents and businesses with a high amount of repeat trade and word of mouth recommendations.

The Flower Room was originally founded by our client 6 years ago and our client has worked tirelessly to establish the business and has seen year on year growth to the successful business it is today. The business reports a healthy turnover of just over £95,000 for this financial year with a gross profit of circa 62%.

The florist offers modern and traditional bespoke floral hand-tied bouquets and arrangements using only the freshest and highest quality flowers catering for all types of occasions. The business has an enviable reputation for the artistic flare and professional care and attention provided to every client’s individual requirement. The business also offers a same day delivery service within a 10-mile radius.

The shop is beautifully and artistically presented and also stocks a good selection of indoor and outdoor plants, beautiful and unusual containers, greeting cards and gift ideas.

Out client has an impressive working relationship with many local corporate businesses, supplying floral arrangements for showrooms, hotels, hair salons, offices, restaurants and private functions affording regular income. The business further benefits from rental income from a spacious 3 bedroom flat above the shop currently yielding a monthly income of £480.

The business is complete with its own professional e-commerce website www.theflowerroomstone.co.uk and has a 5 star review rating. Facebook, Instagram and Pinterest pages are all posted and updated regularly with seasonal flower arrangements and recent weddings.

The business genuinely comes to the market as our client wishes to pursue other interests, however our client is happy to provide a 10 week handover period to assist with the smooth transition of ownership if required.

Tenure

Leasehold

We are advised that the business is Leasehold.
The original lease length is 8 years
As of 2016 2 years remain on the lease.
Rent £11,000 per annum

Hours

The business is open from:
Monday – Friday – 9:00am – 5:30pm
Saturday: 9:00am – 5:00pm
Sunday – Closed

Staff

Owner managed with the assistance of 3 part-time staff.

Financial Profile

The business reports an annual turnover of £95,000 per annum and has a gross profit of 62%

Location

The Flower Room is located in the prosperous residential area of Walton, on the outskirts of the historic market town of Stone, Staffordshire.

The florists occupies a prime trading position within a popular retail parade of independent shops including a hair salon, pharmacy, butcher and Co-op supermarket, serving the local community as an alternative to the town centre and ensuring a constant footfall throughout the day. The business further benefits from ample free parking and bus stop directly to the front.

Walton sits in-between Stoke-on-Trent to the North and Stafford to the South and is easily accessible from the M6 motorway. The business is situated just off the arterial A34, a main commuter road leading into Stone town centre where the nearest train station is located.

Premises

Mid parade premise briefly comprising:-

Immaculately-presented interior and exterior with good illuminated signage and highly visible to passing trade.

Fully glazed floor to ceiling windows to front creating a lovely light airy and inviting interior, beautifully presented and maintained wood effect flooring, bespoke counter with modern and tasteful graphics and glass top, greeting card carousel ,wall mounted wrapping paper dispenser. Raised area with vases for floral displays, window display areas, painted Welsh dresser with open shelves, drawers and cupboards beneath.

To the rear of the property is a kitchenette and this is fitted with a base and wall unit, a steel sink and drainer with a water heater above and perimeter shelving.

Good sized workspace with tiled floor, office area with desk, perimeter shelving and preparation area

Toilet facilities with hand wash basin.

Useful walk in storage cupboard.

Three bedroom flat above the business which is included in the rent but could make ideal owners accommodation. The flat is currently occupied and achieves a monthly income of £480.

There is immediate parking outside the business and also to the rear is private car parking and a brick built garage that is included in the lease and is currently utilised for storage purposes.

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