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The Gold Exchange, 134 High Street, Herne Bay, CT6 5JY

300 Sq Ft / Retail

Sold - Last updated: 17 March 2015

The Gold Exchange, is a very successful and established business since 2011, jewellers, pawnbroker .This well established large retail shop provides a wide range of new and second hand items, Gold, Silver, Watches, all types of jewellery, art, musical instrument, medals etc.The business has a large database of customers using the buyback scheme, has the facility to buy gold . The business is very focused on excellent customer service and employs one staff.

Location

The business is situated on a main bus route near a large Tesco’s and Sainsbury’s, multiple banks, and prime high st retailers. Good parking facilities surround the business with excellent railway links. Clientele come mainly from within a 50 mile radius with some clients as far as 80+ miles away.

Platinum R & C Properties are delighted to place onto the market this thriving Pawn Brokers which operates from a leasehold premises in Kent on a busy High Street location at the centre of Herne Bay. The location is ideal for this type of business, within a densely populated area.

Accommodation

The property is terraced and has a branded double fronted glass window display with metal shutters with on street parking. The property has a large retail space and is 300 sq ft, with kitchen and facilities on the same level. Basement consists of strong room, work room, storage etc. Property is fully secured, censored & alarmed as jewellers would be. To the front there are several jewellery display units, and main customer desk, which leads to a second area, which has comfy chairs, seating and more display areas. There are also staff toilets and a small kitchenette area..

Terms

The business for sale is leasehold, with 1 year remaining. A new lease would be negotiable. The rates are less than £2000.00 per annum or less, with rent of £8000.00 per annum.

Asking £140,000.00, new lease, fixtures and fittings ( antiques), extensive business and stock (variable), everything. This is a serious business opportunity with excellent current business levels, and increasing other opportunities.
 
Turnover in excess of £600,000.00 per annum with up to 15% net profits & benefits. Excellent opportunity to take over thriving successful pawnbrokers, with excellent income streams. Accounts are availbale to serious buyers only.


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