Business description

For sale as a going concern, very successful and profitable retail jewellers business trading from owned premises ideally placed to attract passing trade in the heart of Lerwick’s main shopping area on Commercial Street.

The business, which has been established for over 30 years, sells a wide variety of jewellery, clocks & watches, crystal & general gifts. It is being offered for sale as a going concern, to include the heritable property (includes ground floor shop, plus store rooms on the first & second floors) which has been recently re-roofed & re-pointed, fixtures & fittings, and good will.

Property information

Property:

Freehold

Location:

The premises are situated right in the centre of Commercial Street, Lerwick’s traditional main shopping area in Lerwick, close to the harbourfront. Other retailers in the area include Mackays store, Scottish Hydro Electric and Conochies (Lerwick’s main newsagent).

Premises details:

The sale of the business includes the heritable property at 141 Commercial Street, Lerwick. This comprises the ground floor shop, plus store rooms on the first and second floors.

The stone-built property, which is situated in the Lerwick Lanes Conservation area, has just been extensively refurbished including re-roofing and re-pointing. At the same time the cast iron gutters & downpipes have been renewed.

Other information

Reasons for selling:

The business is being sold due to retirement.

Trading hours:

Opening hours are currently 9.00am – 5.00pm Monday to Saturday (closed Wednesdays).