REASON FOR SALE: Our client is selling the business due to other business commitments.
THE OPPORTUNITY: -Weekly Turnover: Approximately £8,000. -Fully Equipped: Fitted with high-quality, modern equipment to ensure efficient and smooth operations. -Online Platforms: The business is currently listed on platforms -Growth Potential: Significant opportunity to extend opening hours, as the shop currently operates for only 6 to 7 hours per day, 6 days per week.
LOCATION: -Prominent shop frontage with bold signage, an entrance door, and large glass windows that provide excellent natural light and create an inviting atmosphere. -Situated within a densely populated residential area, generating consistent footfall and repeat business. -Strong community presence with nearby pharmacies, convenience stores, major bus routes, and large companies such as Tesco located directly next door. -Convenient customer parking is available directly in front of the shop.
WEEKLY TURNOVER: -We have been advised by our client that the business achieves an average weekly turnover of £8,000. -70% of revenue is generated from walk-in trade, with the remaining 30% from delivery platforms.
RENT: The annual rent is £25,000 + VAT.
TENURE: The business is offered for sale by way of an assignment of the existing lease, which has 9 years remaining.
STAFF: -The business is currently operated by 4 part-time staff, 2 full-time staff, and 1 full-time delivery driver.
FIXTURES & FITTINGS: -The premises are well-equipped throughout, and a valuable inventory of fixtures and fittings is included within the sale price.
RATES: -Business rates are £6,500 per year. -Purchasers are advised to verify this information with the relevant local authority.
LEGAL COSTS: -Each party will be responsible for their own legal costs associated with the sale. -The landlord's legal fees are the responsibility of both the buyer and the seller and are to be shared equally.
TRADING INFORMATION: -Trading information will be made available to genuinely interested parties who have signed a Non-Disclosure Agreement and have viewed the premises. -REGULATORY LICENCE -A3 Licence
DEPOSIT: Successful applicants will be required to pay a non-refundable deposit.
VIEWING ARRANGEMENTS: -Discreet customer visits are encouraged; however, please do not approach the vendor or staff directly. -For further information or to arrange a viewing, please contact Mailbox Estates today.
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