Specialist Cheese Shop, North London For Sale

Business description

Genuinely rare opportunity to purchase a specialist niche retailer of fine cheeses from this well known and established location in a well to do neighbourhood of North London.
Located on this busy shopping street in North London noted for its large number of local families interested in good quality produce.
This business has been established here for 26 years and has built up a loyal following.

A good trading record can be shown going back over a good number of years.

The business benefits from a renewable lease, and a good rent.

Offered in excellent condition this is a great life-style choice for anyone interested in fine food and benefits from being open under the current owner for only 5 days a week. The current owner is willing to assist a buyer with advice consultancy in product purchasing.

Located in the heart of a busy shopping street, good public transport links. This location has very good and consistent foot flow with a good mix of business and residential passing trade.

Trade:
The business is a Specialist Cheese shop selling British and Continental cheeses.
Staffed currently by 1 full time (owner) and 1 part time staff.
We are advised that trade is approximately £2,500 p/week
Making a good working profit for the owner due to the low overheads and good profit margin

Premises
The property occupies a half shop with serving counter along the left as you enter.

GROUND FLOOR RETAIL ZONE A 9.70m2,
GROUND FLOOR RETAIL ZONE B 10.90m2,
TOTAL 20.60 m2

Shop frontage approx 3m wide, but as it curves round the effective frontage is substantially greater. Rear storage, WC facilities are
Available adjacent, but not internal.


The unit is offered in excellent internal condition.

Property information

Lease terms:

The property is held by virtue of a renewable full repairing and insuring lease expiring in 2012. Passing rent is £9,500 per annum.
5 yearly reviews. Next review 2012, last one in 2007.
We have not been advised regarding a further service rent.

Location:

Located on this busy shopping street in North London noted for its large number of local families interested in good quality produce.
This business has been established here for 26 years and has built up a loyal following.

Other information

Support & training:

The current owner is willing to assist a buyer with advice consultancy in product purchasing.

Reasons for selling:

Having spent 22 years in the business the vendor feels its time to move on.

Trading hours:

Monday – Thursday 9;30am to 17;30pm, open to 6pm Fridays and Saturdays

Furniture / Fixtures value:

£10,000 (included in the asking price)

Related documents:

• 
• NW210 Blind Profile