Superb Leasehold Health Foods Business In Devon For Sale

Business description

Advised annual turnover of £255,000 with good GP returns
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
Ideal highly visible location in Exeter
Genuine retirement reason for sale
Ideal lifestyle change opportunity
Excellent growth potential
Well established business
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer for sale this excellent health foods shop which has a proud history dating back to 1993. Since 1998 the business has been owned and run by our client who is only now placing it onto the market due to her desire for retirement. The shop which is run and managed by our client with the assistance of staff achieves a very respectable advised annual turnover of £255,000 which is derived from selling a fantastic range of health food supplements, foods, ECO friendly goods and associated products. The business is exceptionally well known throughout the city and has arguably one of the highest amounts of passing trade in the area due to its prime location. The business also has a complementary therapy treatment room which is ideal for a practitioner or could be possibly sublet which would contribute funds to the property's rent. Our client is very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. We would like to urge early interest in this opportunity as businesses of this nature rarely appear onto the market.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 12 years
Remaining: 1 year
Rent: £16,500pa

Location:

This superb leasehold health food shop has an ideal location from being situated in the centre of Exeter which is in Devon. The business has a prime highly visible trading location facing one of the town's main roundabouts which links several areas and destinations in the city. The shop also benefits from facing a large commercial retail estate which brings shoppers and visitors to the area throughout the year. Exeter is a highly desirable business and residential city which offers everything you would come to expect from a modern and thriving area. Exeter has been identified as one of the top ten most profitable locations for a business to be based and has huge popularity due to its neighbouring coastal areas. The business also benefits from having the M5 within 3 miles which makes visiting and commuting very easy.

Premises details:

Superb retail shop offering highly visible location with large window product displays, secure entrance, open plan shop with wall fixed displays and double sided lane displays, fitted serving counter, rear private area with toilet, kitchenette, storage room and cupboard plus secure office and treatment room.

GROUND FLOOR
Glass fronted with highly visible advertising sign and boards plus excellent display space and secure entrance leading to open plan display area with fitted serving counter and glass serve over, wall fixed shelving and racking, 3 double sided display lanes, several free standing displays, 3 chillers and 1 chest freezer.

Rear private area: Toilet with wash basin, storage room, storage cupboard, kitchenette with wash basin, worktop and shelving, secure office with high value goods storage and a beauty/compliment therapy treatment room.

EXTERNAL
Highly visible location facing major roundabout, neighbouring retail estate and communal roadside parking.

Business Operation

Trading hours:

Monday: 9:00am - 5:30pm
Tuesday: 9:00am - 5:30pm
Wednesday: 9:00am - 5:30pm
Thursday: 9:00am - 5:30pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 5:30pm
Sunday: 10:30am - 4:30pm