In-depth description of your business
Magic Jewel is a high quality fashion Jewellery shop that guarantees 100% hypoallergenic and affordable to all. The owners built their very own jewellery workshop and they brought every process in-house.
The owners of the business share a common belief that their customers should be able to get jewellery that is champagne on a budget.
The business sells Necklaces, Accessories, Chains, Bangles, Rings, Chokers, Waist belts, Bracelets, Earrings and Sandals. The business also operates as an access point of UPS as well as offering money transfer services.
The owners of the sale have confirmed they are looking for a quick sale, as they are moving away from London. They are looking for £10000 for the whole business which includes stock, website and social media accounts – business accounts are available on request.
The business has a website, Ebay account, Instagram, and Facebook accounts. Nearly 6K followers on Instagram and 2K on Facebook page.
Magic Jewel is located on Mitcham Road, a busy road that has plenty of footfall, it is also opposite one of the bus stops which is a regularly busy throughout the week and weekends.
The owners have confirmed that currently there are no business rates and only a need to pay rent and energy bills.
The owners have advised that if potential interested buyers are only interested in the shop only without stock, the they would consider selling it for £5000 including fixtures.
The shop has an electric shutter, CCTV, shelves, timber flooring, canopy, and heating system. Shop rent is £1000 monthly and no rates. The interested party will get a new lease agreement.
