Chorley Old Road, Bolton, BL1

£175,000

Guide price

Peter and Margaret Florist has been trading for nearly fifty years as a family run business and is now, after two generations of ownership being brought to market to allow the current owner to retire.

The business is located on Chorley Old Road which is a busy road with a healthy footfall, not only is the property located on one of the main roads linking to Bolton town centre, it sits amongst other businesses making the ideal spot for customers to call in with ease. There are some parking spaces located to the front of the property, with plenty more side street parking.

The business has a website and is a highly experienced and well-regarded member of Interflora and can cater for a variety of occasions including: weddings, funerals, birthdays, new babies, anniversaries, Mother's Day, Valentine's Day and Christmas.

The business commands ownership of the Interflora branding and website orders within its geographical parameters meaning that internet orders far exceed those of similar sized florists.

The area of the business is well-served by the public transport system, with bus stops within easy walking distance of the property. Bus links to the centre and other areas of Bolton as well as to nearby towns such as Horwrich, Chorley and Preston.

The area is also well served by the extensive motorway networks that make navigating to the area very easy. The business further benefits from being rates exempt. There is also the opportunity to either purchase or lease the premises.

The premises benefits from electricity throughout and has running water. The premises are circa 96sqm.

GROUND FLOOR

FLORIST SHOP

A well-stocked, spacious and beautifully presented florists selling gift wraps and hand-tied bouquets, beautiful floral arrangements and baskets, green and flowering plants, dried and silk flowers, soft toys, chocolates, helium balloons, champagne, wine, hand-crafted greetings cards and corsages. The shop floor comprising of an attractive showroom and four workstations for the florists to cut the flowers and create the arrangements. At the rear of the ground floor there is a garage for storage purposes.

The business is currently owner run with 5 staff members plus 2 delivery drivers. Peter and Margaret's florist generated a turnover of £261,141 as of the 2018 accounts, with a gross profit of £139,479 (54%) and a net profit of £35,233. The company is solvent with strong working capital and is offered as a going concern with an enviable reputation built up over many decades and many loyal and returning customers.

Equipment included in the sale are as follows:

Equipment included in the sale are as follows:

• All Fixtures and Fittings.

• Tools, computer and motor vehicle (van)

• All stock incl counter with till and card reader.

• Gift card display stand, storage shelving upstairs and 4 Cutting tables.

STORAGE ROOMS

The first floor which accessed towards the rear of the shop floor is currently divided into three separate rooms which comprise of office space, storage and a bathroom.

FIRST FLOOR

STORAGE ROOMS

The first floor which accessed towards the rear of the shop floor is currently divided into three separate rooms which comprise of office space, storage and a bathroom.

Arrange viewing 01204 291014

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