Leasehold Health Food Shop For Sale

Business description

Bag a Business is delighted to offer to the market this thriving health food store, which was established by our client in 2001 and is now only being placed on the market as she wishes to retire. The business, which is run by our client with help from 2 part-time members of staff, achieves a turnover in the region of £108,000 per annum with a gross profit margin of 45%. This is derived from the sale of a mix of organic foods, vitamins, minerals, aromatherapy oils, dietary supplements and 'earth friendly' cleaning products and toiletries. This is further enhanced by a growing trade from its full e-commerce website at www.naturalremedies4you.co.uk. The store also sees an increase in customers during the summer months, when visitors and holidaymakers flock to this part of Devon. Natures Bounty enjoys an excellent local reputation for its friendly and knowledgeable service and for offering sound advice. We feel that this opportunity represents an ideal base for a new owner to build upon, perhaps by extending the opening hours and expanding on the under-utilised treatment room. Early viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 9 years
Remaining length: 2 years
Review every: 3 years
Rent: £8,500 per annum

Living accommodation:

PROPERTY DETAILS Well presented single storey premises. Briefly comprising: GROUND FLOOR Well fitted sales area with: Displays to walls and centre Treatment room Store room with separate kitchen area W/C EXTERNAL Ample on and off-strret parking facilities

Location:

Natures Bounty is situated within a parade of complementary shops and businesses, on a busy town centre shopping street, in Devon. It is located at the heart of the town's main retail area, which has seen considerable investment over recent years. The business is situated opposite the Post Office and has ample on and off-street parking close by. The shop draws its trade from the people who reside in Newton Abbot, which has a population of over 25,000, and from the surrounding towns and villages. This part of Devon, known as Torbay, is famed for its climate, its stunning coastline and spectacular moorland countryside. Newton Abbot enjoys excellent transport links with a regular rail service to London Paddington. The town is between the A38 and the A380, which connect to the M5 motorway at the nearby city of Exeter, which is approximately 17 miles away.

Other information

Trading hours:

Mon - Fri: 9.30am - 5.00pm Sat: 9.30am - 3.00pm

Contact the seller

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