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High Street Jewellers And Pawnbrokers for Sale

Glossop, Derbyshire

Leasehold : 60,000
Turnover : 2,500 p.w.

This superb jewellers and pawn brokers is located in a prominent busy High Street that runs through Glossop, Derbyshire. It is surrounded by a wealth of complimentary businesses that provide excellent opportunities for passing trade, recently opened to the rear is a large retail park with stores such as M&S. Glossop is a popular and affluent market town in the High Peak District of Derbyshire, it was once well known for its links to the cotton industry but is now a popular destination for tourists. Glossop is easily accessed via the A57 which provide links to the major nearby cities of Sheffield and Manchester providing access to the UK's wider motorway network via the M60 and M1 respectively.

Beautifully presented retail unit with first floor workshop
Advised turnover of 130,000 pa with good profits
Situated in the affluent market town of Glossop
Excellent reputation built up over 30 years
Early viewing is highly recommended
Scope for further development

Business History

Meridian Business Sales are delighted to offer to the market this superb High Street jewellers and pawnbroking business which has been established since 1980 and has been in the careful hands of our clients for the previous 5 years. The only reason this superb business is being offered to the market is due to our clients desire to move abroad. During our clients stewardship they have continued to develop the businesses long standing reputation for providing quality jewellery in the area and have expanded upon the now increasingly popular pawnbroking side to the business.

Our clients advise us of an annual turnover of 130,000 which is derived from the sale and repair of jewellery and watches and pawnbroking. Our clients benefit from a fantastic location which provide high amounts of passing trade and from regular and repeat business with generations of the same local families using our clients business for their jewellery requirements. This is a true turnkey opportunity and would suit a partnership or someone looking to expand on the lucrative pawn broking side of the business and as such early viewing comes highly recommended as opportunities of this calibre rarely stay on the market for long.

Accommodation: Prominent location in a busy High Street shopping area briefly comprising:

Secure entrance to beautifully presented retail shop unit with 4 x glass fronted display units and fitted wall display units.

Behind counter service area with payment facilities, Glen Eagles crystal display unit, designer handbag display unit, Royal Doulton display unit and Pure display unit.

Rear of unit provides access to christening gifts display area and fully equipped rear office. Off hall access to staff canteen facilities and rear access to external yard area.

Stairs from main retail unit lead to first floor workshop.

First Floor
Large storage room with fitted storage shelves, polishing machine and access to fully equipped engraving workshop.
Tenure: Leasehold
Rent: 850pa

New 9 year lease to be negotiated March 2014
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1155 Advert ID 27615    Sellers Ref : 2301/BSOL

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