Leasehold Florists & Café Located In Birmingham

Leasehold Florists & Café Located In Birmingham
Canal Side Location
Ref 2858

Location
This respected Florist & Café business is located on the Gas Street Canal Basin in the heart of Birmingham city centre. Gas Street is just off the thriving Broad street and between the Mailbox and Brindleyplace canal-side developments. The towpaths around this attractive basin are lined with bars, pubs, modern buildings and the traditional narrow boats moored here can be seen to form an unique experience where industrial heritage meets modern, cosmopolitan living.

Asking Price: £27,500 plus SAV (£1,000)

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Florists & Café business which is located in Birmingham. The business was established by our client in February 2021 and is now being offered for sale due to other business commitments requiring their attention.
Since ownership there has been investment in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is overseen by the owner and operated with the help of 3 part time member of staff and has an annual turnover of circa £80,000. Approximately 75% of turnover is generated by the florist and the remaining 25% derives from the café. Mix Café & Florist offers a wide range of distinctive, high quality floral designs, hand selected flowers, stunning flower arrangements & gifts. They are members of Interflora and Floom and do well on special occasion days such as Valentines day & Mothers day along with walk-in trade and supplying fresh flowers to local businesses. They have their own website as well as social media sites.
We believe that there is further potential to increase trade if an owner operator was at the helm along with implementing an advertising and marketing campaign. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a turnkey business in a fantastic location which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday & Tuesday – closed
Wednesday – Sunday –12:00pm –5:00pm

Leasehold
Original term: 5 years
Remaining: 3 years
Rent: £14,400 pa
Service charge: £960 pa
Business Rates: zero

Ground Floor
Retail showroom with worktable/sales counter with 6 x retail sales and display units.
Kitchen comprising: stainless steel storage racking, stainless steel upright freezer (Polar), stainless steel table, stainless steel worktop with 4 door undercounter (Polar), coffee machine (Francino), coffee grinder, panini press (Buffalo), microwave (Breville), electric oven (Buffalo), 2 x wall mounted metal shelves, stainless steel sink drainer, stainless steel wash basin and wall mounted paper towel dispenser.
Staff W/C with wash basin.
A sub-lease can be maid available with no ingoing premium. The rent will be £2,000 PCM plus utility bills.

External
Frontage with tables & chairs to cover (9).

EPC Rating C