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Excellent Leasehold Farm Shop For Sale

(Ref: ded01_DBS080213)

Essex, United Kingdom

Financials

Asking price: £87,500

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Turnover    We are informed that accounts show a turnover of £225,000 for 2007 with a Gross Profit of approximately 40%

TENURE: Leasehold

Potential:
As the vendor is nearing the age of retirement, there is huge potential for someone with drive and enthusiasm to increase sales by introducing wholesale delivery rounds, internet home drops and even tout for local business with the Hotels, Restaurants and Golf Courses near by. At present no advertising is carried out.

Equipment:
6 x 6ft Fridges, 4 freezers and approximately 25 sq. ft walk in fridge for cold storage. Also an X reg Mercedes sprinter edi to be negotiated in Sale

Stock:
To be purchased seperately at valuation: Approximately £3,500

Rates:
Rates payable of £1,750

Legal Fees:
Vendors and purchasers to meet their own contractual costs: Purchaser to meet the reasonable costs in establishing any new lease.

Employees: Staff: Owner Run

Trading hours: 9am-5.30pm Monday to Saturday 9am-4pm Sunday

Property: Freehold


Lease terms
Tenure: We are of the understanding that a new 5 year lease will be granted to the new prospective buyer.

Location
Property:
Large out house style building which leads straight into an open plan retail area. A serving counter, office and kitchenette. Frontal exposure for hanging baskets, compost, wood barks etc.

Reasons for selling
Vendor has decided to retire.


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